EVN AG: Business Overview, Financials & Competitive Analysis
EVN Group is an Austrian-based producer and transporter of electricity, one of the largest in Europe having over three million customers in 14 countries, and also operates in water treatment, natural gas supply and wa...
Cyborg Score thesis
Diversified energy utility with strong revenue momentum and renewable energy capabilities, though facing headwinds from variable...
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Get Current Report FreeEVN AG Overview
Pro stress-test →EVN Group is an Austrian-based producer and transporter of electricity, one of the largest in Europe having over three million customers in 14 countries, and also operates in water treatment, natural gas supply and waste management business areas. It is the second-largest utility in Austria.
Strategic Profile
Pro stress-test →The company operates in the renewable energy sector with significant investments in hydroelectric, wind, and solar power facilities, alongside conventional energy production methods. Less than 14% of EVN Group shares are free float on the Vienna Stock Exchange, with the state of Lower Austria holding 51 percent.
Competitive Landscape
Pro stress-test →EVN competes with other large European utilities in its core Austrian market and regional CEE expansion. From 2002 until 2020, German utility EnBW owned around 35 percent of EVN Group. In 2020, Wiener Stadtwerke became EVN's second-largest shareholder after it bought EnBW's remaining 28.35% stake. Key competitors in the broader market include OMV Energy, Verbund, and international utilities operating in Southeast Europe.
Industry Context
EVN AG operates in Electric Power.
Key facts
Founded: 1922 · Headquarters: Maria Enzersdorf, Austria · Revenue: €3.0B