Rheinmetall Stock: A Buy On Multi-Year Growth Tailwinds (OTCMKTS:RNMBY)
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21st Austria weekly - Verbund Andritz AT&S Bawag 02/11/2023 [pic1]Verbund: Austrian utility company Verbund reported earnings for the first three quarters 2023. EBITDA climbed by 83.6% year-on-year to €3 549.3m. The Group result rose 85.9% €1 980.6m and after adjustment non-recurring effects was up 103.6% non-recurring in Q1–3/2023: €–20.2m; Q1–3/2022: €+82.6m. positive income trend compared with previous year is attributable primarily higher electricity production on strength of a better water supply rise average sales prices contributions from acquisition commissioning new renewable generation facilities improved regulated infrastructure electricity gas grids. At 0.93 hydro coefficient run-of-river power plants 7 percentage points below long-term but 9 above comparative prior-year figure.Verbund: performance: 2.17%Andritz: International technology group Andritz achieved strong increases revenue earnings net