EVN: Regulatory price rounds and network business catch weak wind year

With a focus on more defensive and less volatile stocks, the company EVN AG, specialized in electricity, gas, and heating supply, stands out positively. In the first half of the year, the company managed to slightly increase revenue and significantly raise net income. Weaker generation data from wind and hydropower is offset by regulatory price effects in the network business. The sale of the international project business reduces net debt and allows for a stronger focus on expanding home markets. Infrastructure expansion as the foundation of organic...