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EVN Quarterly Net Rises 1.8%, Sees Full-Year at 2011 Level

Feb. 28 (Bloomberg) -- EVN AG, Austria’s second-biggest utility, said first-quarter net income increased 1.8 percent to 89.5 million euros ($120 million) on a revenue boost.

The company sees full-year “operating result and group net profit at the prior-year level,” according to a statement today.

Sales increased 3.4 percent to 829.7 million euros on year as “cold weather and the slight increase of end customer prices in South East Europe positively influenced the revenue development.”

To contact the editor responsible for this story: Zoe Schneeweiss at zschneeweiss@bloomberg.net

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