Q3 2021 EVN AG Earnings Call Transcript
Good morning, ladies and gentlemen, and welcome to the Conference Call on EVN's Q1 to Q3 2020-2021 Results. (Operator Instructions) The floor will be open for questions following the presentation.
Let me now turn the floor over to your host, Mr. Stefan Szyszkowitz.
Good morning, and welcome to the Conference Call on EVN's Results for the First 3 Quarters of the 2020-'21 Financial Year.
EVN showed a sound performance in the reporting period. EBITDA, EBIT and group net results are above the previous year. The main drivers for these improvements were the earnings contribution from equity accounted investees, in particular, our supply company, EVN KG; and development in our Environment Segment, in particular, the start of the Kuwait project. The Networks Segment also reported higher results. This was due to the positive volume and price effects. The corona crisis only had selective negative impacts on our operating results. Our integrated business model and the widely
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