Dear Shareholders,
Ladies and Gentlemen,

Based on the solid position we hold in our home market of Lower Austria and our core markets of Bulgaria and Macedonia, we are responsible for providing sustainable energy and drinking water supplies to approximately 4.6 million customers. In this way, we make a decisive contribution to the quality of life and economic prosperity in these regions. Supply security plays a central role in all our activities – today as well as in the future.

One of our major priorities is to create and maintain an equitable balance between the interests of all our stakeholders. Their concerns form the guiding principle for our corporate strategy, which – based on our corporate values and clear objectives – is closely connected with the EVN materiality matrix. As a member of the UN Global Compact, we are also committed to compliance with the global principles of ethical business behaviour and, through our sustainability measures, make a tangible contribution to meeting the United Nation’s 17 Sustainable Development Goals.

Protecting the interests of our stakeholders has always been an integral part of our corporate DNA, a focus that is underscored by the EVN archive. This was impressively demonstrated in recent months by the preparations for an exhibit of the historical advertising and communication media at our headquarters. On the following pages, we want to give you an opportunity to take a virtual tour of the exhibit and wish you an interesting visit in the world of EVN’s “Lasting values“.

Reliability is also signalised by the results for the past 2016/17 financial year – which we see not only as confirmation of our previous course, but also as a mission for the future. These solid operating cash flows make it possible for us to continue meeting the high responsibility towards our stakeholders.

In keeping with our claim to pursue a stable dividend policy, we also want to send a positive signal to our shareholders. We will therefore make a proposal to the 89th Annual General Meeting to distribute a dividend of EUR 0.44 plus a one-time bonus dividend of EUR 0.03 per share for the 2016/17 financial year. This bonus dividend is intended to reflect the fact that the improvement in Group net result was also based on exceptional circumstances during the past financial year, for example the unusually high seasonal temperatures and other positive framework conditions.

Stefan Szyszkowitz
Spokesman of the Executive Board

Franz Mittermayer
Member of the Executive Board

EVN GHB 2016/17