EVN AG (STU:EVN)
€ 24.25 -0.35 (-1.42%) Market Cap: 4.37 Bil Enterprise Value: 5.07 Bil PE Ratio: 7.45 PB Ratio: 0.69 GF Score: 77/100

Q3 2019 EVN AG Earnings Call Transcript

Aug 22, 2019 / 08:00AM GMT
Release Date Price: €15.1 (+1.62%)
Operator

Good morning, ladies and gentlemen, and welcome to the EVN conference call for the Q1, 2Q, Q3 2018/2019 results. (Operator Instructions)

Let me now turn the floor over to your host, Mr. Stefan Szyszkowitz.

Stefan Szyszkowitz
EVN AG - CFO & Member of Executive Board

Good morning, and welcome to the conference call on EVN's results for the first 3 quarters of the 2018/'19 financial year.

Our performance during the first 9 months is pretty much in line with the development during the first half year, and it corresponds well with the outlook which we gave in December well for this financial year. Actually, on the positive side, I can today confirm and even specify our full year guidance. We expect good net results for 2018/'19 to reflect the upper end of the assumed range of EUR 160 million to EUR 180 million.

For a year-on-year comparison of today's results, please bear in mind that in the last year, our third quarter results had already been influenced by a positive one-off effect in the amount of EUR 38 million, which resulted

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