Verbund appoints Stefan Waldner as CFO. Verbund stock sits 5.06 percent below its high

Published on 10/19/2026 at 09:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Waldner starts a two-year CFO term after the October 7 appointment. Verbund stock costs EUR 66.65 on October 19, 2026, 5.06 percent below EUR 70.20.

Leadership and operating milestones

Stefan Waldner was appointed CFO for a two-year term on October 7, 2026.
H2FUTURE expansion costs EUR 16.40 million and adds five hydrogen tanks.
Verbund stock trades at EUR 66.65 at 9:21 a.m. CEST at Lang & Schwarz on October 19, 2026.
Next earnings are scheduled for November 5, 2026.

Verbund AG, AT0000746409, Illustration mit AI erstellt.

Verbund stock costs EUR 66.65 at Lang & Schwarz on October 19, 2026, while the company prepares for a new finance chief and expands its hydrogen research platform. VERBUND announced on October 7, 2026, that Stefan Waldner would become chief financial officer for two years, with an option to extend the term by another two years.

What changes with Waldner?

Waldner, 49, brings more than 20 years of international energy experience to the role, including senior finance positions at OMV. His mandate covers financing, capital markets and mergers and acquisitions, giving the appointment a direct connection to Verbund's investment and funding decisions.

Three dated company milestones

On October 2, 2026, Verbund and voestalpine expanded the H2FUTURE hydrogen pilot project in Linz, with the extension costing EUR 16.40 million, according to VERBUND. On October 7, Waldner was appointed CFO for a two-year term. On October 19, the stock was trading at EUR 66.65 at Lang & Schwarz at 9:21 a.m. CEST.

Hydrogen adds measurable capacity

The H2FUTURE expansion adds five hydrogen storage tanks and equipment for compression, purification, storage and loading. The six-megawatt plant can produce 1,200 cubic meters of green hydrogen per hour and had produced almost 2,000 metric tons since its launch, according to VERBUND's October 2 release. First research results are expected by the end of 2026, while the project is scheduled to run until December 2030.

When is the next report?

Simply Wall St lists November 5, 2026, as Verbund's next earnings date. The most recent reported period cited in the same coverage was the second quarter of 2026, with revenue of EUR 1.71 billion and net income of EUR 248.30 million.

Stock remains below yearly high

The Lang & Schwarz quote places Verbund at EUR 66.65 on October 19, 2026, 5.06 percent below the EUR 70.20 52-week high and above the EUR 54.25 low. The company is valued at EUR 23.2 billion by market capitalization as of the same quote date.

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