Verbund appoints Stefan Waldner CFO. Verbund stock trades at EUR 23.2 billion value

Published on 10/20/2026 at 09:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Waldner starts a two-year term after the October 7 appointment. Verbund stock costs EUR 65.90 on October 20, 2026, 0.30 percent below Xetra close.

Leadership and earnings dates

Stefan Waldner received a two-year CFO mandate 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 65.90 at 9:34 a.m. CEST at Lang & Schwarz on October 20, 2026, 0.30 percent below the Xetra close of October 19, 2026.
The next earnings date is November 5, 2026.

Verbund AG, AT0000746409, Illustration mit AI erstellt.

Verbund stock (ISIN AT0000746409) was trading at EUR 65.90 at Lang & Schwarz on October 20, 2026, at 9:34 a.m. CEST, 0.30 percent below the Xetra close of October 19, 2026 at EUR 66.10. The Austrian utility's supervisory board appointed Stefan Waldner as chief financial officer and management board member on October 7, 2026, for an initial two-year term with an option to extend it by two more years, Simply Wall St reported.

Finance leadership meets investment demands

Waldner succeeds Peter Kollmann, who left the finance role in August 2026. His background includes international energy finance, capital markets and mergers and acquisitions, giving the appointment a direct connection to Verbund's funding and capital allocation decisions, according to Simply Wall St on October 12, 2026.

That mandate arrives as Verbund manages hydropower, storage and renewable investment projects across several European markets. The practical test is capital discipline: financing new capacity while protecting earnings resilience, balance-sheet efficiency and dividend capacity when power prices change.

What do the earnings figures mean?

Verbund's second-quarter 2026 revenue fell 1.80 percent year over year to EUR 1.71 billion, while net income dropped 39.00 percent to EUR 248.30 million. Adjusted earnings per share were EUR 0.71, down from EUR 1.17 in the second quarter of 2025, according to Simply Wall St. The comparison makes margin and cost control central to the new finance chief's remit.

Next reporting date is November 5

The next scheduled earnings date is November 5, 2026. That report should provide the next dated test of revenue, profitability and the financial priorities attached to the new CFO role.

Stock stays below its yearly high

Verbund's market capitalization was EUR 22.9 billion as of October 20, 2026. Its 52-week range was EUR 54.25 to EUR 70.20, placing the Lang & Schwarz price EUR 4.30 below the high, a 6.13 percent gap based on the same euro quotation. The company generates, trades and supplies electricity through hydro, new renewables, sales and grid operations.

The stock was trading at EUR 65.90 at Lang & Schwarz on October 20, 2026 at 9:34 a.m. CEST, minus 0.30 percent versus the Xetra close of October 19, 2026 at EUR 66.10. The further course of trading is shown by the continuously updated real-time quote of Verbund stock.