Burgenland Holding AG

Quarterly Report • Aug 8, 2019

Interim Financial Report Q1–3 2018/19 1 October 2018 – 30 June 2019

With energy for Burgenland Burgenland Holding AG

Burgenland Holding AG holds 49% of the share capital of Energie Burgenland AG. Landesholding Burgenland GmbH holds the remaining 51% of the shares. The share capital of Energie Burgenland AG amounts to EUR 34.9m.

The shares of Burgenland Holding AG (share capital: EUR 21.8m) are traded in the Official Market of the Wiener Börse under the international securities identification number (ISIN) AT0000640552. The majority shareholder of Burgenland Holding AG is EVN AG, which still holds 73.63% of the share capital. Over 10% of the shares are held by VERBUND AG and between 5% and 10% by WIEN ENERGIE GmbH. The shares held by other shareholders are below the mandatory reportable threshold of 4%.

The share of Burgenland Holding AG

In the first three quarters of the 2018/19 financial year (1 October 2018 to 30 June 2019), the Dow Jones Euro Stoxx Utitilies, the sector index relevant for Burgenland Holding AG, rose by 16.7%. However, the Vienna leading index ATX developed in the opposite direction, losing 11.0% in value in the reporting period.

The Burgenland Holding AG share also declined in the reporting period and, at a closing price of EUR 74.50, was 5.7% below the level of the previous year. As of 30 June 2019, market capitalisation stood at EUR 224m. The average daily turnover in the reporting period was 19 shares and the weighting of the share in the Vienna Stock Exchange Index (WBI) as at 30 June 2019 was 0.20%.

Stock performance		2018/19 Q1-3	2017/18 Q1-3
Average daily turnover	Shares	19	28
Total share volume	EURm	0.28	0.44
Highest price	EUR	85.00	86.00
Lowest price	EUR	70.00	68.00
Share price at the end of June	EUR	74.50	76.00
Market capitalisation at the end of June	EURm	224	228
WBI weighting at the end of June	%	0.20	0.19

Burgenland Holding AG Q1-3 2018/19

Highlights

• Investment income up 5.3% year-on-year to EUR 10.0m
• Outlook 2018/19 confirmed: Annual result expected to be slightly above the level of the 2017/18 financial year

Burgenland Holding AG – Key figures		2018/19 Q1-3	2017/18	Change in %
Balance sheet total	EURm	80.2	79.81)	0.5
Equity	EURm	80.1	79.81)	0.4
Investment income	EURm	10.0	9.52)	5.3
Net income for the period	EURm	9.8	9.42)	4.3

1) As of 30 September 2018

2) Q1-3 2017/18

Income situation

In the first three quarters of the 2018/19 financial year, the investment income of Burgenland Holding AG includes the dividend distribution of Energie Burgenland AG for the 2017/18 financial year and of CEESEG AG for the 2018 financial year.

In the reporting period, the investment income of Burgenland Holding AG increased by 5.3% year-on-year to EUR 10.0m. This is attributable to a slightly higher dividend of Energie Burgenland AG. On the other hand, there was a reduced dividend distribution by CEESEG AG.

At EUR 9.8m, net income for the period was 4.3% higher than in the previous year, in line with the development of investment income.

Balance sheet and capital structure

As of 30 June 2019, the balance sheet total of Burgenland Holding AG was EUR 80.2m, 0.5% higher than the balance sheet total as of 30 September 2018. The equity ratio as of the balance sheet date was 99.9%.

Outlook

Due to the fact that the dividend distribution of Energie Burgenland AG from its net profit of the 2017/18 financial year has already been accounted for, no significant changes in the result of Burgenland Holding AG are to be expected after the first nine months of the 2018/19 financial year. The annual result is therefore expected to be slightly above the previous year's level.

Burgenland Holding AG

Corporate calendar 2018/19 and 2019/201)

Annual results 2018/19 (Annual financial report)	12.12.2019
Record date Annual General Meeting	03.03.2020
Annual General Meeting	13.03.2020
Ex-dividend day	19.03.2020
Record date	20.03.2020
Dividend payment	26.03.2020
Results HY1 2019/20 (Half-year financial report)	28.05.2020
Annual results 2019/20 (Annual financial report)	16.12.2020

1) Preliminary

Basic information

Share capital	EUR 21.81m
Denomination	3.0 million non-par bearer shares
Majority shareholder	EVN AG
Identification number (ISIN)	AT0000640552
Ticker symbols	BHAV.VI (Reuters); BURG AV (Bloomberg); AT; BHD (Dow Jones)
Stock exchange listing	Vienna

Imprint

Burgenland Holding AG

Technologiezentrum Marktstraße 3 A-7000 Eisenstadt Austria

Investor Relations Doris Lohwasser

Phone: +43 2236 200-12473 Fax: +43 2236 200-2030 investor.relations@buho.at www.buho.at