Verbund appointed a CFO: what it means for Verbund stock

Published on 10/21/2026 at 10:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Verbund appointed Waldner on October 7, 2026 for two years. Verbund stock costs EUR 65.25 on October 21, 2026, 7.05 percent below its high.

Leadership change and earnings calendar

Stefan Waldner received a two-year CFO appointment on October 7, 2026.
Second-quarter 2026 revenue was EUR 1.71 billion and net income was EUR 248.30 million.
Verbund stock trades at EUR 65.25 at 10:44 a.m. CEST at Lang & Schwarz on October 21, 2026.
Verbund is scheduled to report its next results on November 5, 2026.

Verbund AG, AT0000746409, Illustration mit AI erstellt.

Verbund stock (ISIN AT0000746409) was trading at EUR 65.25 at Lang & Schwarz on October 21, 2026 at 10:44 a.m. CEST. The Austrian utility is preparing for a finance leadership change after its supervisory board appointed Stefan Waldner as chief financial officer and management board member on October 7, 2026, according to Simply Wall St.

Two-year finance mandate begins

Waldner's initial term runs for two years and includes an option to extend it for another two years. He brings more than 20 years of international energy experience, including finance leadership at OMV Petrol Ofisi and OMV Petrom, according to Simply Wall St. The change puts capital allocation and funding discipline alongside power prices as central issues for the next reporting cycle.

What does the earnings profile mean?

Verbund's second-quarter 2026 revenue was EUR 1.71 billion, down 1.80 percent from the same quarter of 2025, while net income fell 39.00 percent to EUR 248.30 million, according to Simply Wall St. Earnings per share declined to EUR 0.71 from EUR 1.17, and the reported profit margin was 14.00 percent versus 23.00 percent a year earlier. The figures make the November update important for judging whether lower earnings are stabilizing.

Three dates define the transition

On May 13, 2026, first-quarter revenue was EUR 1.94 billion and net income was EUR 269.80 million, according to Simply Wall St. On July 30, 2026, second-quarter revenue reached EUR 1.71 billion and net income was EUR 248.30 million. On October 7, 2026, Verbund appointed Waldner for a two-year term.

Next results arrive November 5

Verbund is scheduled to publish its next results on November 5, 2026, according to Simply Wall St. That release will provide the next dated test of earnings power under the new finance leadership.

Stock stays below its yearly high

At EUR 65.25, the Lang & Schwarz price was 7.05 percent below Verbund's EUR 70.20 52-week high and above its EUR 54.25 low, with the range dated October 21, 2026. The company had a market capitalization of EUR 22.8 billion at the same date.

Verbund stock was trading at EUR 65.25 at Lang & Schwarz on October 21, 2026 at 10:44 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Verbund stock.