 |
Gas Turnover of the MVV Energie Group1 |
|
|
|
kWh million
|
2007/2008 |
2006/2007
|
% change
|
 |
| End customers |
|
|
|
 |
| of which industrial and commercial customers |
3,250 |
3,102 |
+5 |
 |
| of which private and business customers |
3,907 |
3,418 |
+14 |
 |
 |
 |
| |
7,157 |
6,520 |
+10 |
 |
| Gas wholesale |
864 |
624 |
+38 |
 |
| Secondary distributors |
610 |
1,812 |
-66 |
 |
 |
| |
8,631 |
8,956 |
-4 |
 |
 |
 |
 |
| |
|
|
|
 |
| External sales in Euro million |
356 |
342 |
+4 |
 |
| EBIT in Euro million |
43 |
11 |
+291 |
 |
| EBIT before IAS 39 in Euro million |
35 |
11 |
+218 |
| |
| 1 excluding gas turnover in value-added services segment |
|
The performance of the gas segment was affected on the one hand by cooler weather conditions compared with the previous year and on the other by intense competition in the secondary distribution and wholesale customer market. This was accompanied by the rapid surge in crude oil prices to record levels by July 2008, which led procurement prices at all German gas supply companies to rise sharply due to the linking of international gas supply agreements to the oil price. With a 14% share of consolidated sales, the gas segment is our second-largest business segment. The operating EBIT before IAS 39 of the gas segment also made up 14% of total sustainable EBIT before IAS 39 at the MVV Energie Group.