Verbund appoints Stefan Waldner CFO. Verbund stock sits 7.58 percent below its high

Published on 10/09/2026 at 11:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter net income fell 39.00 percent to EUR 248.30 million. Verbund stock costs EUR 64.88 on October 9, 2026 after EUR 64.60, plus 0.43 percent.

Key points in brief

Verbund appointed Stefan Waldner as chief financial officer on October 7, 2026.
Second-quarter 2026 revenue was EUR 1.66 billion and net income was EUR 248.30 million.
Verbund stock was at EUR 64.88 at Lang & Schwarz, 7.58 percent below its 52-week high.
Deutsche Bank Research raised its target from EUR 55.00 to EUR 60.00 on September 28, 2026.

Verbund AG, AT0000746409, Illustration mit AI erstellt.

Verbund (ISIN AT0000746409) appointed Stefan Waldner as chief financial officer on October 7, 2026, according to finanzen.at. The management change arrives while second-quarter earnings show continued pressure on revenue and profitability.

Three dated developments shape Verbund

On May 14, 2026, Verbund reported first-quarter revenue of EUR 1.94 billion and net income of EUR 269.80 million, according to Simply Wall St.

On July 31, 2026, second-quarter revenue was EUR 1.71 billion and net income was EUR 248.30 million, down 39.00 percent from EUR 406.00 million in the second quarter of 2025, the same source reported. On September 28, 2026, Deutsche Bank Research raised its price target from EUR 55.00 to EUR 60.00 and changed its rating from Sell to Hold, as finanzen.at reported.

What does the second quarter mean for margins?

Second-quarter net profit margin was 14.00 percent, compared with 23.00 percent in the second quarter of 2025, according to Simply Wall St. The comparison matters because the earnings decline was sharper than the 1.80 percent revenue decrease cited for the same period, putting operating efficiency ahead of top-line movement in the near-term assessment.

Deutsche Bank Research said the medium-term rise in electricity prices could more than offset an expected profit warning, while the Austrian Constitutional Court was reviewing the legality of the profit levy, according to finanzen.at. The combination leaves Verbund exposed to both power prices and regulatory decisions.

Next results arrive in November

Simply Wall St lists November 5, 2026 as the next earnings date for Verbund, with the June 30, 2026 report as the latest earnings period. That date gives investors a defined checkpoint for whether revenue, net income and the 14.00 percent margin have stabilized.

Stock remains below its yearly high

Verbund stock was trading at EUR 64.88 at Lang & Schwarz on October 9, 2026 at 11:22 a.m. CEST, plus 0.43 percent versus the prior close of EUR 64.60. The price stood 7.58 percent below the 52-week high of EUR 70.20 and the market capitalization was EUR 22.5 billion as of October 9, 2026. The further course of trading is shown by the continuously updated real-time quote of Verbund stock.