Verbund named Stefan Waldner CFO. Verbund stock sits 5.77 percent below its high

Published on 10/13/2026 at 09:10 | 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 66.15 on October 13, 2026 versus EUR 65.85.

Key points in brief

Verbund appointed Stefan Waldner as CFO on October 7, 2026, for an initial two-year term.
Second-quarter 2026 net income fell 39.00 percent to EUR 248.30 million.
The stock was at EUR 66.15 at Lang & Schwarz on October 13, 2026, 0.46 percent above the October 12 Xetra close.

Verbund AG, AT0000746409, Illustration mit AI erstellt.

Verbund (AT0000746409) was trading at EUR 66.15 at Lang & Schwarz on October 13, 2026 at 9:08 a.m. CEST, 0.46 percent above the Xetra close of October 12, 2026 at EUR 65.85. According to VERBUND on October 7, 2026, the group appointed Stefan Waldner as chief financial officer for two years, with an option to extend the term by another two years.

Three results shaped the year

On May 13, 2026, Verbund reported first-quarter EBITDA of EUR 534.60 million, down 26.10 percent year over year, according to Yahoo Finance.

On July 30, 2026, second-quarter net income fell 39.00 percent to EUR 248.30 million, while revenue reached EUR 1.71 billion, according to Simply Wall St. The comparison shows why the CFO appointment matters beyond personnel: lower earnings raise the importance of financing discipline as Verbund invests in hydro, renewable generation and storage.

What does the CFO change mean

Waldner succeeds Peter Kollmann, who left the management board on August 31, 2026. Until Waldner takes office, CEO Michael Strugl continues to oversee finance, while Waldner brings more than 20 years of energy-sector experience and a background in financing, capital markets and mergers and acquisitions, the company said on October 7, 2026.

The appointment gives Verbund a defined finance transition rather than an open-ended interim arrangement. The two-year term and extension option also place capital allocation beside operating performance as a measurable issue for the next reporting cycle.

Next results date is November 5

Verbund's next listed earnings release is scheduled for November 5, 2026, for third-quarter 2026 results, according to MarketScreener. That report will provide the next quantified test of earnings after the second-quarter net income decline and before Waldner begins his role in the first quarter of 2027.

Stock remains below its yearly high

At EUR 66.15, Verbund stock stood 5.77 percent below its 52-week high of EUR 70.20 and above its 52-week low of EUR 54.25 on October 13, 2026. Market capitalization was EUR 22.9 billion as of October 12, 2026, giving the leadership change a substantial listed-equity context rather than a small-cap setting.

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