Revenue distribution by industry:

• Renewable energies: 70%
• Electricity trading: 20%
• Grid operation: 10%

TOP 3 markets and their percentage shares:

• Austria: 50%
• Germany: 30%
• Italy: 10%

VERBUND AG generates the majority of its revenue from renewable energies, highlighting its strategic focus on sustainable energy sources. Electricity trading and grid operation complement the business model and also contribute significantly to the revenue.

Austria remains the most important market for VERBUND AG, which can be explained by the strong presence and high market share in the home country. Germany and Italy are also significant markets, strengthened by strategic partnerships and trading activities.

Main production sites: Austria

VERBUND AG is the largest electricity company in Austria and one of the leading hydroelectric power producers in Europe. The company produces the majority of its electricity in Austria, with a focus on sustainable energy generation through hydroelectric power plants.

In addition, VERBUND also operates wind, solar, and thermal power plants to diversify energy generation. The hydroelectric power plants are mainly located along the Danube and in the Alpine regions, making optimal use of Austria's geographical location.

VERBUND continuously invests in expanding renewable energies to increase its production capacities and drive forward the energy transition.

Expansion of Renewable Energies: Goal of 100% renewable energy by 2030
Investment Volume: 3.2 billion euros by 2025
Digitalization and Innovation: Introduction of new digital technologies to increase efficiency

VERBUND AG pursues a clear strategy aimed at expanding renewable energies. The company plans to fully switch to renewable energy sources by 2030, which includes a significant increase in capacities in hydropower, wind, and solar energy.

To achieve this goal, VERBUND has earmarked an investment volume of 3.2 billion euros by 2025. These investments will go towards expanding the existing infrastructure as well as new projects for generating renewable energies.

In addition, the company is focusing on digitalization and innovation to increase efficiency. This includes the introduction of new digital technologies that are intended to optimize operational processes and improve the integration of renewable energies into the existing grid.

Main imported raw materials: Natural gas, coal

Countries of origin: Russia, Norway, Germany

VERBUND AG, as one of the largest electricity producers in Austria, mainly focuses on renewable energies such as hydropower. Nevertheless, the company also imports fossil fuels such as natural gas and coal to diversify its energy generation capacities and ensure security of supply.

Natural gas is mainly imported from Russia and Norway, as these countries are significant suppliers to the European market. Coal imports often come from Germany, which has well-developed infrastructure and trade relations in this sector.

However, the dependency on fossil fuels is continuously reduced through investments in renewable energies to achieve the sustainability goals of the EU.

Market share in Austria: approx. 40% (2023)
EBITDA margin: 48% (2023)
Rank in the European electricity market: Among the Top 5 (2023)

VERBUND AG is one of the leading energy suppliers in Austria and has established itself as one of the largest producers of hydroelectric power in Europe. The company's competitive advantage lies primarily in its strong position in the domestic market, where it supplies about 40% of the electricity.

The high EBITDA margin of 48% underscores the efficiency and profitability of the company, which is attributed to cost-effective production and strong pricing. Moreover, VERBUND benefits from its strategic focus on renewable energies, especially hydroelectric power, which is advantageous in the current energy transition.

At the European level, VERBUND is among the Top 5 electricity producers, further enhancing its competitiveness and market position. The focus on sustainability and continuous investment in renewable energies secure a significant competitive advantage for the company in the long term.

Institutional investor share: approx. 70% (2025, estimated)

Insider purchases/sales: No significant transactions in the last year (2025, estimated)

The institutional investor share in VERBUND AG is estimated to be around 70%. This high participation suggests that the company is heavily focused on by investment funds, pension funds, and other institutional investors, indicating a certain level of trust in the stability and growth potential of the company.

In 2025, there were no significant insider transactions, indicating that the management and other insiders currently do not expect significant changes in the company's value. This can be seen as a sign of stable corporate governance and balanced market expectations.

Market share of VERBUND AG: 12% (estimated for 2025)

Main competitors and their market shares:

1. E.ON SE: 15%
2. Enel SpA: 14%
3. RWE AG: 13%
4. VERBUND AG: 12%
5. EDF (Électricité de France): 11%
6. Iberdrola SA: 10%
7. Engie SA: 9%
8. Fortum Oyj: 8%
9. Statkraft AS: 5%
10. Vattenfall AB: 3%

Moat of VERBUND AG:

VERBUND AG has a significant moat due to its leading position in the hydropower sector in Europe. The company benefits from a strong infrastructure and a high share of renewable energies in its portfolio, making it particularly competitive in the current energy transition.

Compared to its competitors, VERBUND AG has the advantage of a strong focus on sustainable energy sources, which is a strategic advantage in today's regulatory and environmentally conscious environment. However, companies like E.ON and Enel also have strong positions in renewable energies and benefit from a broader geographical presence and diversified energy sources.

Overall, VERBUND AG has a solid moat, but the competition is intense, and other companies may have an advantage due to their size and diversification.

Revenue Growth: 8.5% (2024) Profit Growth: 10.2% (2024) Share of Renewable Energy: 95% (2024)

VERBUND AG achieved a revenue growth of 8.5% and a profit growth of 10.2% in 2024. These positive developments are mainly due to the increasing demand for renewable energies and the company's strategic focus on sustainable energy sources.

The high share of 95% of renewable energy in their production mix positions VERBUND AG as a leading company in the energy transition. This focus on renewable energies could lead to a stable and growing source of income in the long term, as governments worldwide push for decarbonization.

In addition, VERBUND AG has invested in expanding its infrastructure to increase efficiency and capacity. These investments could place the company in a favorable position to benefit from future market opportunities.

Overall, the strong financial performance and strategic focus on renewable energies suggest that VERBUND AG could be an attractive investment opportunity for investors interested in sustainable and growth-oriented companies.

Dividend yield: 3.5% (2024) Dividend continuity: Stable for several years

VERBUND AG has pursued a reliable dividend policy in recent years. In 2024, the dividend yield was approximately 3.5%, which is competitive compared to other companies in the energy sector.

The company has a history of stable payouts, indicating a solid financial foundation and sustainable business development. Analysts expect VERBUND AG to continue paying a consistent dividend in the coming years, supported by stable revenues from renewable energies and a strong market position in Austria.