Full Year 2024 Verbund AG Earnings Call Transcript

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Mar 20, 2025

Mar 20, 2025 / 10:00AM GMT
Operator

Ladies and gentlemen, welcome to the VERBUND AG full year 2024 conference call. (Operator Instructions) And the conference is being recorded. The presentation will be followed by a Q&A session. (Operator Instructions) The conference must not be recorded for publication or broadcast.

At this time, it's my pleasure to hand over to Peter Kollmann. Please go ahead.

Peter Kollmann - Verbund AG - Vice Chairman of the Executive Board, Chief Financial Officer

Thank you very much. I'm here with Andreas Wollein, Head of Investor Relations and Finance. We will do this presentation together. Ladies and gentlemen, welcome to the presentation of our 2024 results, and let me thank you for joining today's conference call.

Before we move into the analysis of our business development, let me make a few general comments. In '24, the VERBUND results were down compared to '23, but still high in a historic context due to normalizing conditions in the energy industry following the gas price shock after the outbreak of the Russia-Ukraine conflict.

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