Holding & Services Segment

Holding & Services Segment overview





1st HY


1st HY



Total sales


EUR mill.









EUR mill.






> -100,0%

Investments in property, plant and equipment and intangible assets


EUR mill.







Workforce (on average)









Internet data volume transferred 1)










Key figure changed due to spin off of the Fibre-to-the-Home fibre-optic network in the 2021/2022 fiscal year; TB = Terabyte

Business development in the Holding & Services Segment

Sales revenues in the Holding & Services Segment in the reporting period were EUR 112.3 million; this is equivalent to an increase of 15.5% compared with the previous year (EUR 97.2 million).

The EBIT of the Holding & Services Segment fell from EUR 47.5 million in the previous year to EUR -14.0 million in the 2022/2023 fiscal year. In the previous year, the measurement of the shareholding in BBOÖ GmbH in the amount of EUR 37.0 million and reversals of impairment on the investment in Wels Strom GmbH, which is accounted for using the equity method, in the amount of EUR 3.5 million had a positive effect on EBIT in the Holding & Services Segment.

The entities measured using the equity method and allocated to the Holding & Services Segment generated significantly lower earnings contributions in the reporting period than in the first half of 2021/2022. The EBIT contributions of the service entities allocated to the Holding & Services Segment declined slightly all told, one reason being higher expenses, while the operating result of the Telecom business area showed a stable development in the reporting period.

New strategic orientation in the Telecom unit

In the first six months of the 2022/2023 fiscal year, interfaces from Energie AG Oberösterreich Telekom GmbH (Telekom GmbH) were further developed in the scope of the BBOÖ GmbH FTTH joint venture – which had been founded in the previous fiscal year.

Following the organisational upheavals of recent years, the strategy for the remaining Telecom unit was focused at the end of the previous fiscal year. Two strategic paths emerged. While a wholesale campaign will be launched to counter increasing predatory competition on the external fibre optics market, the focus of the Group's internal activities is on expanding added value offerings for partners within the Energie AG Group.

Internet data volume transferred

in TB

The internet data volume transferred in the Telekom business area again increased totalling 53,310 terabytes (TB) in the first half of 2022/2023 (previous year: 44,340 TB). Data transfer reliability was again upheld at an excellent level with a supply reliability (= availability of data connections) of 99.99% (previous year 99.99%).

In the wholesale unit, pressure on the market increased due to the deregulation of a major Austrian telecommunications service provider and significant infrastructure investments by competitors. Telekom GmbH's wholesale campaign aims to compensate for any declines resulting from this and to further boost value creation on the existing fibre-optic backbone network. In addition to creating the technical conditions required for Energie AG Oberösterreich Vertrieb GmbH to optimise end user products, the capacity utilisation of the company's own infrastructure is being continuously improved by targeted offers to other internet service providers.

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