EVN 📈 EVN - Overview

EVN AG is a multifaceted energy and environmental services provider, catering to a diverse range of customers, including private households, businesses, and municipalities. The company's operational structure is segmented into distinct units, each focusing on specific areas such as Generation, Energy, Networks, South East Europe, Environmental, and other ancillary services. This segmentation enables EVN AG to maintain a balanced approach, addressing various aspects of the energy value chain. For instance, the Generation segment is responsible for producing electricity from a mix of thermal sources and renewable energies, thereby ensuring a stable and reliable energy supply.

The company's Energy segment plays a crucial role in procuring, trading, and selling electricity and natural gas to both end customers and wholesale markets. Additionally, EVN AG generates and sells heat, which is an essential service, particularly during the colder months. The Networks segment is involved in the operation of cable TV and telecommunications networks, providing customers with a range of connectivity options. This diversified approach allows EVN AG to capitalize on various revenue streams, reducing its dependence on a single market or service.

EVN AG's involvement in environmental services is another key aspect of its operations. The company is engaged in the construction of drinking water supply systems, wastewater treatment facilities, and thermal waste utilization services. These initiatives not only contribute to the well-being of local communities but also underscore the company's commitment to sustainability and environmental stewardship. With a history dating back to 1922, EVN AG has established itself as a reputable and reliable partner in the energy and environmental services sector, operating as a subsidiary of NÖ Landes-Beteiligungsholding GmbH from its headquarters in Maria Enzersdorf, Austria.

From an investment perspective, EVN AG's common stock, listed under the ISIN AT0000741053, is classified within the Electric Utilities sub-industry, according to the Global Industry Classification Standard (GICS). This classification provides investors with a clear understanding of the company's core business activities and its position within the broader energy sector. As a publicly traded company, EVN AG's financial performance and operational developments can be monitored through its official website, https://www.evn.at, offering stakeholders valuable insights into its growth strategy and market outlook.