Burgenland Holding AG

Earnings Release • Aug 9, 2018

Interim Financial Report Q1-3 2017/18 1 October 2017 – 30 June 2018

Energising Burgenland Burgenland Holding AG

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

The shares of Burgenland Holding AG (share capital: EUR 21.8m) are listed on the Official Market of the Vienna Stock Exchange under AT0000640552. EVN AG is the majority shareholder in Burgenland Holding AG and holds an unchanged stake of 73.63% of the share capital, with VERBUND AG holding more than 10% and WIEN ENERGIE GmbH holding between 5% and 10%. All other shareholders hold less than the mandatory reportable threshold of 4%.

Burgenland Holding AG share

In the first three quarters of the 2017/18 financial year (1 October 2017 to 30 June 2018), both the Dow Jones Euro Stoxx Utilities industry index, relevant for Burgenland Holding AG, and the leading Austrian stock index ATX decreased by 1.8% each.

The share of Burgenland Holding AG, in turn, closed at EUR 76.00, thus 2.7% higher than compared to the corresponding period last year. This resulted in a market capitalisation of EUR 228m. Daily trading volume averaged 28 shares during the reporting period, and the weighting of the share in Vienna's WBI index as of 30 June 2018 was 0.19%.

Stock performance		2017/18 Q1-3	2016/17 Q1-3
Average daily turnover	Shares	28	21
Total share volume	EURm	0.44	0.23
Highest price	EUR	86.00	70.70
Lowest price	EUR	68.00	53.00
Share price at the end of June	EUR	76.00	67.50
Market capitalisation at the end of June	EURm	228	203
WBI weighting at the end of June	%	0.19	0.18

Burgenland Holding AG Q1-3 2017/18

Highlights

• Investment income out of Energie Burgenland AG below prior year's level
• Outlook 2017/18 confirmed: Net income is expected to decrease to a level of more than EUR 9m

Burgenland Holding AG – Key figures		2017/18 Q1-3	2016/17	Change in %
Balance sheet total	EURm	79.8	80.81)	–1.2
Equity	EURm	79.8	80.71)	–1.1
Investment income	EURm	9.5	10.62)	–10.4
Net income for the period	EURm	9.4	10.42)	–9.6

1) As of 30 September 2017

2) Q1-3 2016/17

Income situation

The investment income of Burgenland Holding AG for the first three quarters of the 2017/18 financial year includes the dividend payout of Energie Burgenland AG for the 2016/17 business year as well as of CEESEG AG for the 2017 business year. In the reporting period investment income of Burgenland Holding AG declined by 10.4% to EUR 9.5m compared to the previous period. This development is mainly attributable to the one-off increase in the dividend payout of Energie Burgenland AG by about 10% in the pior year.

Similar to the development of investment income, net income for the period amounted to EUR 9.4m, or 9.6% below the prior year level.

Balance sheet and capital structure

Due to the decreased dividend payout of Energie Burgenland AG, the balance sheet total as of 30 June 2018 amounted to EUR 79.8m and was 1.2% below the balance sheet date level of 30 September 2017. The equity ratio amounted to 99.9% as of the current balance sheet date.

Outlook

Due to the fact that the dividend payout of Energie Burgenland AG from its net profits for 2016/17 has already been accounted for, no major changes in the results of Burgenland Holding AG are expected for the 2017/18 business year after the first nine months of 2017/18.

The financial year 2016/17 of Burgenland Holding AG was positively influenced by the one-off increase in the dividend payout of Energie Burgenland AG by about 10% for the 2015/16 financial year. Net income of Burgenland Holding AG for the 2017/18 financial year is expected to decline to a level of more than EUR 9m.

Burgenland Holding AG

Corporate calendar 2017/18 and 2018/191)

Annual results 2017/18	13.12.2018
Results Q1 2018/19	07.02.2019
Record date Annual General Meeting	05.03.2019
Annual General Meeting	15.03.2019
Ex-dividend day	21.03.2019
Record date	22.03.2019
Dividend payment	28.03.2019
Results HY1 2018/19	29.05.2019
Results Q1-3 2018/19	08.08.2019
Annual results 2018/19	12.12.2019

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