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EVN AG — Regulatory Filings 2018
Aug 2, 2018
742_iss_2018-08-02_38be8bf9-ea3d-421c-bd92-bb5e6eb9e171.pdf
Regulatory Filings
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DGAP-Ad-hoc: EVNAG/ Keyword(s):Change in Forecast EVNAG: EVNraises its outlook for theGroup net result 2017/18
02-Aug-2018 / 18:19 CET/CEST Disclosure of an inside information acc. toArticle 17 MARof the Regulation (EU) No 596/2014, transmitted byDGAP- a service of EQS GroupAG. The issuer is solelyresponsible for the content of this announcement.
The Executive Board of EVNAGraises its outlook for theGroup net result of the business year ending on 30 September 2018.
In the course of preparing theGroup's interim report for the first three quarters of the business year 2017/18, higher valuations of riskbased hedging arrangements as a result of increased energyprices as of 30 June 2018 are expected to have a positive effect on results in the amount of approximatelyEUR38 million.
Taking into account that this positive effect is non-cash effective and is based on the valuation date, EVNAGcurrentlyexpects theGroup net result for the business year ending on 30 September 2018 to be at levels comparable to last year's Group net result. The effects of valuations on theGroup net result for the business year ending on 30 September 2018 will depend on energyprices as of the valuation date on 30 September 2018.
However,Group net result could be significantlyinfluenced bythe regulatorybackground, the proceedings currentlyin progress in Bulgaria and the proceeding over the Walsum 10 power plant as well as the progress on activities in Moscow.
The interim results for the first three quarters of the business year 2017/18 are scheduled to be published on 23August 2018 and the Group's results of the business year 2017/18 are scheduled to be published on 13 December 2018.
Contact: Gerald Reidinger Head ofControlling and Investor Relations Phone: +43 2236 200-12698 E-mail: [email protected]
Stefan Zach Head of Information and Communication Phone: +43 2236 200-12294 E-mail: [email protected]
02-Aug-2018 CET/CESTThe DGAPDistribution Services include RegulatoryAnnouncements, Financial/Corporate News and Press Releases. Archive atwww.dgap.de
| English |
|---|
| EVNAG |
| EVNPlatz |
| 2344 Maria Enzersdorf |
| Austria |
| +43-2236-200-12294 |
| [email protected] |
| www.evn.at |
| AT0000741053 |
| 074105 |
| ATX |
| Foreign Exchange(s) Vienna Stock Exchange (Official Market) |
End ofAnnouncement DGAPNews Service