Verbund appointed CFO for two years: Verbund stock sits 3.16 percent below its high

Published on 10/27/2026 at 10:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue fell 1.80 percent to EUR 1.71 billion. Verbund stock costs EUR 67.98 on October 27, 2026 versus EUR 70.20 high.

Leadership and earnings dates

Stefan Waldner was appointed CFO for a two-year term on October 7, 2026.
Second-quarter revenue fell 1.80 percent to EUR 1.71 billion in 2026.
Verbund stock traded at EUR 67.98 at 10:46 a.m. CEST at Lang & Schwarz on October 27, 2026.

Verbund AG, AT0000746409, Illustration mit AI erstellt.

Verbund (ISIN AT0000746409) appointed Stefan Waldner as chief financial officer for a two-year term on October 7, 2026, while the stock stood at EUR 67.98 at Lang & Schwarz on October 27, 2026. The price was 3.16 percent below its 52-week high of EUR 70.20, keeping the leadership change tied to a valuation question for investors.

CFO transition sets capital lens

According to EQS News, Waldner joined the management board with an initial two-year mandate and an option to extend it for another two years. He succeeds Peter Kollmann, who left the management board on August 31, 2026. Until Waldner takes office, CEO Michael Strugl oversees the finance portfolio.

The chronology puts the appointment into a broader earnings sequence. Simply Wall St reported second-quarter 2026 revenue of EUR 1.71 billion on July 31, down 1.80 percent from the prior-year quarter. On September 28, Deutsche Bank upgraded Verbund to Hold from Sell and raised its price target from EUR 55 to EUR 60, according to Yahoo Finance.

What does the weaker quarter mean?

The second-quarter comparison shows the pressure facing the new finance chief. Net income was EUR 248.3 million, down 39.00 percent from EUR 406.0 million in the prior-year quarter, while earnings per share fell to EUR 0.71 from EUR 1.17, according to Simply Wall St. That combination makes capital allocation, project funding and dividend discipline central issues for the next reporting cycle.

When are results due?

MarketScreener lists November 4, 2026 as the date for Verbund's third-quarter results. The release should provide the next measured update on earnings after the first-half decline and show how management frames financing and investment priorities under the incoming CFO.

Stock stays below annual high

Verbund operates in utilities and renewable utilities, generating, trading and supplying electricity across several European markets. Its market capitalization was EUR 23.6 billion on October 27, 2026, and its 52-week range was EUR 54.25 to EUR 70.20.

Verbund was trading at EUR 67.98 at Lang & Schwarz on October 27, 2026 at 10:46 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Verbund stock.