VER.VI - VERBUND AG

Vienna - Vienna Delayed Price. Currency in EUR
48.40
+0.10 (+0.21%)
At close: 5:35PM CEST
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Previous Close48.30
Open48.02
Bid48.20 x 10000
Ask44.40 x 9100
Day's Range47.76 - 48.40
52 Week Range34.50 - 55.95
Volume109,879
Avg. Volume156,138
Market Cap16.815B
Beta (3Y Monthly)0.65
PE Ratio (TTM)30.93
EPS (TTM)1.57
Earnings DateNov 6, 2019
Forward Dividend & Yield0.42 (0.87%)
Ex-Dividend Date2019-05-07
1y Target EstN/A
  • Moody's

    Port Arthur Navigation District Ind Corp, TX -- Moody's downgrades BASF to A2, stable outlook

    Moody's Investors Service has today downgraded to A2 from A1 the senior unsecured notes ratings of BASF (SE) ("BASF"), its guaranteed subsidiary BASF Finance Europe NV as well as the unsecured rating of revenue bonds guaranteed by BASF. The senior unsecured MTN programme rating of BASF (SE) was downgraded to (P)A2 from (P)A1.

  • Green Steel Needs a Huge New Source of Electricity in Europe
    Bloomberg

    Green Steel Needs a Huge New Source of Electricity in Europe

    (Bloomberg) -- Austria may need to boost its renewable power generation by 50% to meet demand from steelmakers seeking to replace fossil fuels with hydrogen.The finding emerged at a discussion this week convened by the country’s biggest utility, which is probing the enormous consequences for electricity and carbon markets of efforts to rein in global warming.Verbund AG estimates that producing hydrogen in the volumes needed to help cut industrial emissions could take an additional 30 terrawatt-hours of renewable electricity annually -- equivalent to some 20 times the output of the world’s biggest offshore wind farm.“We have the resources and technology,” Verbund AG Chief Executive Officer Wolfgang Anzengruber said at a briefing in Fuschl, Austria. “Now, we have to come to a point where it’s cheaper to cut carbon dioxide than it is to pay a penalty for its emission. The cost of not doing so will become significantly higher.”Verbund is spearheading Austria’s drive to turn the universe’s lightest element into fuel for its heaviest industry.Clean-burning hydrogen could replace coal and coke in mills that currently release about 1.7 tons of carbon dioxide for every ton of steel manufactured. The sector accounts for as much as 9% of global carbon emissions, according to the World Steel Association.“What we need are power-to-fuel plants that are above all electrolysis plants,” said Katharina Beumelburg, a senior vice president at Siemens AG’s gas and power division, who was at the meeting. “The most important input is cheap, green electricity.”Siemens and Verbund are jointly developing Europe’s biggest electrolyser at Voestalpine AG’s steel plant in Linz, Austria. By the end of this year, that 6-megawatt unit is scheduled to begin feeding hydrogen into blast furnaces as a reduction agent to remove oxygen from iron ore.The steel industry could adopt hydrogen for between 10% and 50% of output by mid-century given the right carbon pricing, BloombergNEF analysts wrote in a report last month. The London-based researcher sees hydrogen technology becoming competitive with high-cost, coal-based plants by 2030.“Hydrogen will continue to be a growth market,” said Timur Gul, who heads energy technology policy for the International Energy Agency and also attended the Austrian meeting. The element is already widely used by chemical and fertilizer makers and is poised to “break out” in other sectors, he said.Austrian politicians agreed on 540 million euro ($597 million) renewable energy package on Friday that will build out wind and solar generation, according to a statement. The country is also looking at converting excess renewable capacity into hydrogen. The underground reservoir Austria has identified could hold gas equivalent to 92 terrawatt-hours of power.Verbund’s Anzengruber said his utility probably wouldn’t need to cover all of the new electricity demands required for producing hydrogen on industrial scales.“It could be that we import hydrogen like we do with oil right now,” the CEO said. “It could be cheaper to produce elsewhere.”(Adds new funding, hydrogen storage in the 11th paragraph)To contact the reporter on this story: Jonathan Tirone in Vienna at jtirone@bloomberg.netTo contact the editors responsible for this story: Reed Landberg at landberg@bloomberg.net, Rob VerdonckFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Reuters

    Portuguese utility EDP draws up shortlist for hydro assets- sources

    LISBON/MADRID, Sept 5 (Reuters) - Portuguese utility EDP is expected to put Spain's Iberdrola, Norway's Statkraft and Austria's Verbund on a shortlist of final bidders for its hydro assets, three sources with knowledge of the matter told Reuters. The sale, led by Morgan Stanley and UBS, is part of a wider portfolio clean up as EDP wants to plough in more cash into its renewable energy business. It has drawn interest from other European utilities and investment funds including Enel, Engie, Macquarie and Brookfield, the sources said.

  • What Does VERBUND AG's (VIE:VER) P/E Ratio Tell You?
    Simply Wall St.

    What Does VERBUND AG's (VIE:VER) P/E Ratio Tell You?

    Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. We'll look at VERBUND...

  • Has VERBUND AG (VIE:VER) Improved Earnings Growth In Recent Times?
    Simply Wall St.

    Has VERBUND AG (VIE:VER) Improved Earnings Growth In Recent Times?

    Measuring VERBUND AG's (VIE:VER) track record of past performance is a valuable exercise for investors. It allows us...

  • VERBUND AG (VIE:VER): Immense Growth Potential?
    Simply Wall St.

    VERBUND AG (VIE:VER): Immense Growth Potential?

    Since VERBUND AG (VIE:VER) released its earnings in March 2019, analyst consensus outlook appear cautiously...

  • Is VERBUND AG's (VIE:VER) CEO Pay Justified?
    Simply Wall St.

    Is VERBUND AG's (VIE:VER) CEO Pay Justified?

    In 2008 Wolfgang Anzengruber was appointed CEO of VERBUND AG (VIE:VER). This analysis aims first to contrast CEO...

  • These Factors Make VERBUND AG (VIE:VER) An Interesting Investment
    Simply Wall St.

    These Factors Make VERBUND AG (VIE:VER) An Interesting Investment

    Building up an investment case requires looking at a stock holistically. Today I've chosen to put the spotlight on...

  • GuruFocus.com

    Tweedy Browne Comments on BASF

    Guru stock highlight

  • Does VERBUND (VIE:VER) Deserve A Spot On Your Watchlist?
    Simply Wall St.

    Does VERBUND (VIE:VER) Deserve A Spot On Your Watchlist?

    It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

  • Moody's

    AI PLEX Acquico GmbH -- Moody's assigns B2 ratings to AI PLEX, stable outlook

    Moody's Investors Service (Moody's) today assigned to AI PLEX AcquiCo GmbH (AIP) a B2 corporate family rating (CFR), a B2-PD probability of default rating and B2 instrument ratings to AIP's EUR1.485 billion senior secured term loan due 2026 and to the EUR300 million senior secured revolving credit facility due 2025, with AI PLEX US Acquico LLC as co-borrower. This is the first time that Moody's rates AIP. The B2, which is weakly positioned, takes into account the high estimated Moody's-adjusted leverage of 6.2x debt/EBITDA for the full year 2019.

  • Has VERBUND AG (VIE:VER) Got Enough Cash?
    Simply Wall St.

    Has VERBUND AG (VIE:VER) Got Enough Cash?

    Investors looking for stocks with high market liquidity and little debt on the balance sheet should consider VERBUND...

  • A Note On VERBUND AG's (VIE:VER) ROE and Debt To Equity
    Simply Wall St.

    A Note On VERBUND AG's (VIE:VER) ROE and Debt To Equity

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Many investors are still learning about the various metrics that can be useful when analysing a stock...

  • VERBUND AG (VIE:VER): Poised For Long-Term Success?
    Simply Wall St.

    VERBUND AG (VIE:VER): Poised For Long-Term Success?

    In December 2018, VERBUND AG (VIE:VER) released its latest earnings announcement, which suggested that the business benefited from a strong tailwind...

  • Moody's

    Volksbank Wien AG -- Moody's assigns Ba2(hyb) rating to Volksbank Wien AG's low trigger AT1 instrument

    Moody's Investors Service has assigned a definitive Ba2(hyb) rating to the EUR220 million undated preferred stock non-cumulative "Fixed to Reset Rate Additional Tier 1 Notes of 2019" (ISIN AT000B121991) issued by Volksbank Wien AG (VBW). The Ba2(hyb) rating assigned to VBW's "low trigger" Additional Tier 1 (AT1) securities takes into account the instrument's undated deeply subordinated claim in liquidation, as well as the security's non-cumulative coupon deferral features, and is positioned three notches below VBW's baa2 Adjusted Baseline Credit Assessment (BCA). According to Moody's framework for rating non-viability securities under its bank rating methodology, the agency typically positions the rating of low-trigger Additional Tier 1 securities three notches below the bank's Adjusted BCA.

  • Moody's

    VERBUND AG -- Moody's announces completion of a periodic review of ratings of VERBUND AG

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of VERBUND AG and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • VERBUND’s (VIE:VER) Wonderful 301% Share Price Increase Shows How Capitalism Can Build Wealth
    Simply Wall St.

    VERBUND’s (VIE:VER) Wonderful 301% Share Price Increase Shows How Capitalism Can Build Wealth

    We think that it's fair to say that the possibility of finding fantastic multi-year winners is what motivates many investors. But when you hold the right stock for the rightRead More...

  • What Can We Learn From VERBUND AG’s (VIE:VER) Investment Returns?
    Simply Wall St.

    What Can We Learn From VERBUND AG’s (VIE:VER) Investment Returns?

    Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! Today we are going to look at VERBUND AG (VIE:VER)Read More...

  • Will VERBUND AG’s (VIE:VER) Earnings Grow In The Year Ahead?
    Simply Wall St.

    Will VERBUND AG’s (VIE:VER) Earnings Grow In The Year Ahead?

    Want to help shape the future of investing tools? Participate in a short research study and receive a 6-month subscription to the award winning Simply Wall St research tool (valued Read More...

  • What Does VERBUND AG’s (VIE:VER) P/E Ratio Tell You?
    Simply Wall St.

    What Does VERBUND AG’s (VIE:VER) P/E Ratio Tell You?

    This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). To keep it practical, we'll show how VERBUND AG's (VIE:VER) P/E Read More...

  • Should VERBUND AG’s (VIE:VER) Recent Earnings Decline Worry You?
    Simply Wall St.

    Should VERBUND AG’s (VIE:VER) Recent Earnings Decline Worry You?

    Assessing VERBUND AG's (VIE:VER) performance as a company requires looking at more than just a years' earnings data. Below, I will run you through a simple sense check to build Read More...

  • Should Investors Be Happy About VERBUND AG’s (VIE:VER) Cash Levels?
    Simply Wall St.

    Should Investors Be Happy About VERBUND AG’s (VIE:VER) Cash Levels?

    VERBUND AG (VIE:VER) shareholders, and potential investors, need to understand how much cash the business makes from its core operational activities, as well as how much is invested back into Read More...

  • Reuters

    BASF to cut costs to lift earnings, but growth still slower

    BASF (BASFn.DE) will launch cost cuts to boost annual earnings by 2 billion euros (1.78 billion pounds) from 2021 to counter slower profit growth, the German chemicals maker said on Tuesday. Under the programme, BASF said it would aim for 3 to 5 percent annual growth in earnings before interest, taxes, depreciation and amortisation (EBITDA) after averaging 8 percent a year since 2012. The programme to shore up EBITDA "will include measures focused on production, logistics, research and development as well as digitalisation and automation activities and organizational development," it said in a statement.

  • Simply Wall St.

    Is VERBUND AG (VIE:VER) A Financially Sound Company?

    There are a number of reasons that attract investors towards large-cap companies such as VERBUND AG (VIE:VER), with a market cap of €12.7b. Doing business globally, large caps tend to Read More...