Verbund AG Class A

VER: XWBO (AUT)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Verbund Earnings: Hit by Poor Hydro Conditions, Hedging Improves; Shares Fairly Valued

Tancrede Fulop

Jul 30, 2026

Verbund's first-half EBITDA and net income tumbled by 25% and 31%, respectively. The group trimmed its 2026 net income guidance from EUR 1.0 billion-EUR 1.2 billion to EUR 1.0 billion-EUR 1.15 billion.

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Verbund AG Class A

Verbund Earnings: Hit by Poor Hydro Conditions, Hedging Improves; Shares Fairly Valued

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