Inside information: payout ratio for 2017
25.07.2017Vienna
The Executive Board of VERBUND AG today decided the payout ratio for financial year 2017. For financial year 2017, VERBUND AG plans to pay out between 40 and 45% of the Group result after adjustment for non-recurring effects.
The payout ratio for financial year 2016 amounted to 30.9% of the Group result of €325.9m after adjustment for non-recurring effects.
On the basis of average own generation from hydropower and wind in the second half of 2017, the Group expects EBITDA for financial year 2017 to amount to approximately €830m and the Group result to approximately €300m. The adjusted Group result will also amount to approximately €300m.
The payout ratio for financial year 2016 amounted to 30.9% of the Group result of €325.9m after adjustment for non-recurring effects.
On the basis of average own generation from hydropower and wind in the second half of 2017, the Group expects EBITDA for financial year 2017 to amount to approximately €830m and the Group result to approximately €300m. The adjusted Group result will also amount to approximately €300m.
