Verbund stock gets a new CFO as Q2 profit falls

Published on 10/07/2026 at 14:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Verbund stock was at EUR 63.40 in Vienna on October 7, 2026, while the board appointed Stefan Waldner CFO. Second-quarter net income fell 39 percent to EUR 248.3 million.

Verbund AG, AT0000746409, Illustration mit AI erstellt.

Verbund (ISIN AT0000746409) was trading at EUR 63.40 on the Vienna Stock Exchange on October 7, 2026, at 1:40 p.m. CEST, while the company appointed a new chief financial officer. The combination of a management transition and weaker second-quarter earnings puts capital allocation at the center of the investor view.

New CFO takes financial portfolio

According to Placera.se on October 7, 2026, Verbund appointed Stefan Waldner as CFO and a member of the Management Board. His initial term runs for two years, with an option to extend it by another two years.

Waldner succeeds Peter Kollmann, who stepped down on August 31, 2026. Until Waldner takes office, CEO Michael Strugl will continue overseeing the finance portfolio, according to the company announcement carried by Placera.se.

Second-quarter profit falls 39 percent

Verbund reported second-quarter 2026 revenue of EUR 1.71 billion, down 1.8 percent from the same quarter of 2025, while net income fell 39 percent to EUR 248.3 million, according to Simply Wall St. Adjusted or reported classification is not stated in that summary, so the figures are presented as reported earnings data.

Second-quarter earnings per share stood at EUR 0.71, compared with EUR 1.17 a year earlier, a decline of 39.3 percent. The result makes the finance chief's mandate more consequential because the latest figures combine lower revenue with a sharper reduction in profitability.

Analysts keep targets below the share price

MarketScreener listed a consensus of 14 analysts as Underperform, with an average price target of EUR 60.39 and a last close of EUR 62.10 on its September 10, 2026 analysis page. The average target was EUR 1.71 below that reference close, equal to 2.75 percent below it.

Deutsche Bank Research moved Verbund from Sell to Hold on September 28, 2026, and raised its price target from EUR 55 to EUR 60, as reported by finanzen.at. The bank cited higher European power prices but also expected a profit warning during 2026.

EUR 63.40 remains below yearly high

Verbund's EUR 63.40 quote was 9.69 percent below its 52-week high of EUR 70.20 and 16.87 percent above its 52-week low of EUR 54.25 on October 7, 2026. The session range was EUR 63.00 to EUR 63.85, and the stock was down 0.08 percent from the prior close of EUR 63.45.

The company had a market capitalization of EUR 22.0 billion and volume of 12,452 shares on October 7, 2026. For investors, the key tension is visible in the numbers: the share price remains materially above the current consensus target while second-quarter net income is 39 percent below the prior-year level.