Verbund AG (Verbund AG) Net Income From Continuing Operations : $2,941 Mil (TTM As of Dec. 2023)

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What is Verbund AG Net Income From Continuing Operations?

Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. Verbund AG's net income from continuing operations for the three months ended in Dec. 2023 was $397 Mil. Its net income from continuing operations for the trailing twelve months (TTM) ended in Dec. 2023 was $2,941 Mil.

Verbund AG Net Income From Continuing Operations Historical Data

The historical data trend for Verbund AG's Net Income From Continuing Operations can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Verbund AG Net Income From Continuing Operations Chart

Verbund AG Annual Data

Trend

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Dec23

Net Income From Continuing Operations

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711.90

863.10

1,113.09

2,064.37

2,979.42

Verbund AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Income From Continuing Operations	Get a 7-Day Free Trial															747.21	686.30	969.34	888.47	396.87

Verbund AG Net Income From Continuing Operations Calculation

Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Net Income From Continuing Operations for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,941 Mil.

Verbund AG (Verbund AG) Business Description

Industry

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Traded in Other Exchanges

OEZVF:USA VERv:UK 0NR1:UK OEWA:Germany VER:Czech Republic VER:Austria

Address

Am Hof 6a, Vienna, AUT, 1010

Website

https://www.verbund.com

Founded in 1947 through a nationalization act, Verbund is the leading power producer in Austria. The Austrian state owns 51% of its capital. Hydro accounts for more than 90% of the total power output. Hydro power is generated from reservoirs and pumped storage plants in the Austrian Alps, and run-of-river plants in Austria and southern Germany. Total hydro capacity amounts to 8.4 GW. Verbund also owns the Austrian electricity grid through its fully owned subsidiary AP. In 2021, the firm acquired 51% of Gas Connect Austria, a gas transmission and distribution system operator. The group also owns one CCGT and is involved in trading and development of wind and solar capacity.