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Home>Austrian Utility Verbund Reports Sharp Fall in Net Profit

Austrian Utility Verbund Reports Sharp Fall in Net Profit

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Wed, 30 Jul 2014

By Nicole Lundeen VIENNA--Austrian gas and hydropower utility Verbund AG (VER.VI) Wednesday reported a sharp fall in its net profit for the first half of the year due to difficult trading conditions and low water levels. Verbund said net profit for the first six months of the year slumped 86% on
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