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    <labelArc xlink:type="arc" xlink:from="verbundag_PurchaseOfOperatingWindPowerPlants" xlink:to="label_verbundag_verbundagPurchaseOfOperatingWindPowerPlants_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="verbundag_AcquiredCashFromPurchaseOfOperatingWindPowerPlants" xlink:to="label_verbundag_verbundagAcquiredCashFromPurchaseOfOperatingWindPowerPlants_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl" xlink:to="label_verbundag_ifrs-fullIncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_IncreaseDecreaseThroughOtherContributionsByOwners" xlink:to="label_verbundag_ifrs-fullIncreaseDecreaseThroughOtherContributionsByOwners_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_DividendsPaid" xlink:to="label_verbundag_ifrs-fullDividendsPaid_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:to="label_verbundag_ifrs-fullIncreaseDecreaseThroughTransfersAndOtherChangesEquity_Verbose" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <label xlink:label="label_verbundag_ifrs-fullRevenue_Verbose" id="verbundag_ifrs-fullRevenue_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Revenue</label>
    <label xlink:label="label_verbundag_ifrs-fullRevenueFromSaleOfElectricity_Verbose" id="verbundag_ifrs-fullRevenueFromSaleOfElectricity_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Electricity revenue</label>
    <label xlink:label="label_verbundag_verbundagGridRevenue_Standard" id="verbundag_verbundagGridRevenue_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Grid revenue</label>
    <label xlink:label="label_verbundag_ifrs-fullOtherRevenue_Verbose" id="verbundag_ifrs-fullOtherRevenue_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Other revenue</label>
    <label xlink:label="label_verbundag_ifrs-fullOtherIncome_Verbose" id="verbundag_ifrs-fullOtherIncome_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Other operating income</label>
    <label xlink:label="label_verbundag_verbundagExpensesForElectricityGridGasAndCertificatesPurchases_Standard" id="verbundag_verbundagExpensesForElectricityGridGasAndCertificatesPurchases_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Expenses for electricity, grid, gas and certificates purchases</label>
    <label xlink:label="label_verbundag_verbundagFuelExpensesAndOtherUsageOrRevenueDependentExpenses_Standard" id="verbundag_verbundagFuelExpensesAndOtherUsageOrRevenueDependentExpenses_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Fuel expenses and other usage-/revenue-dependent expenses</label>
    <label xlink:label="label_verbundag_ifrs-fullEmployeeBenefitsExpense_Verbose" id="verbundag_ifrs-fullEmployeeBenefitsExpense_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Personnel expenses</label>
    <label xlink:label="label_verbundag_ifrs-fullOtherExpenseByNature_Verbose" id="verbundag_ifrs-fullOtherExpenseByNature_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Other operating expenses</label>
    <label xlink:label="label_verbundag_verbundagValuationAndRealisationofEnergyderivatives_Standard" id="verbundag_verbundagValuationAndRealisationofEnergyderivatives_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Measurement and realisation of energy derivatives</label>
    <label xlink:label="label_verbundag_verbundagEBITDA_Standard" id="verbundag_verbundagEBITDA_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">EBITDA</label>
    <label xlink:label="label_verbundag_ifrs-fullDepreciationAndAmortisationExpense_Verbose" id="verbundag_ifrs-fullDepreciationAndAmortisationExpense_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Depreciation and amortisation</label>
    <label xlink:label="label_verbundag_ifrs-fullImpairmentLoss_Verbose" id="verbundag_ifrs-fullImpairmentLoss_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Impairment losses</label>
    <label xlink:label="label_verbundag_ifrs-fullReversalOfImpairmentLoss_Verbose" id="verbundag_ifrs-fullReversalOfImpairmentLoss_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Reversal of impairment loss</label>
    <label xlink:label="label_verbundag_ifrs-fullProfitLossFromOperatingActivities_Verbose" id="verbundag_ifrs-fullProfitLossFromOperatingActivities_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Operating result</label>
    <label xlink:label="label_verbundag_ifrs-fullShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_Verbose" id="verbundag_ifrs-fullShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Result from interests accounted for using the equity method</label>
    <label xlink:label="label_verbundag_ifrs-fullOtherIncomeExpenseFromSubsidiariesJointlyControlledEntitiesAndAssociates_Verbose" id="verbundag_ifrs-fullOtherIncomeExpenseFromSubsidiariesJointlyControlledEntitiesAndAssociates_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Other result from equity interests</label>
    <label xlink:label="label_verbundag_ifrs-fullRevenueFromInterest_Verbose" id="verbundag_ifrs-fullRevenueFromInterest_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Interest income</label>
    <label xlink:label="label_verbundag_ifrs-fullInterestExpense_Verbose" id="verbundag_ifrs-fullInterestExpense_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Interest expenses</label>
    <label xlink:label="label_verbundag_ifrs-fullOtherFinanceIncomeCost_Verbose" id="verbundag_ifrs-fullOtherFinanceIncomeCost_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Other financial result</label>
    <label xlink:label="label_verbundag_verbundagWertminderungen_Standard" id="verbundag_verbundagWertminderungen_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Impairment losses</label>
    <label xlink:label="label_verbundag_verbundagWertaufholungen_Standard" id="verbundag_verbundagWertaufholungen_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Reversals of impairment losses</label>
    <label xlink:label="label_verbundag_ifrs-fullFinanceIncomeCost_Verbose" id="verbundag_ifrs-fullFinanceIncomeCost_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Financial result</label>
    <label xlink:label="label_verbundag_ifrs-fullProfitLossBeforeTax_Verbose" id="verbundag_ifrs-fullProfitLossBeforeTax_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Profit before tax</label>
    <label xlink:label="label_verbundag_ifrs-fullIncomeTaxExpenseContinuingOperations_Verbose" id="verbundag_ifrs-fullIncomeTaxExpenseContinuingOperations_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Taxes on income</label>
    <label xlink:label="label_verbundag_ifrs-fullProfitLoss_Verbose" id="verbundag_ifrs-fullProfitLoss_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Profit for the period</label>
    <label xlink:label="label_verbundag_ifrs-fullProfitLossAttributableToOwnersOfParent_Verbose" id="verbundag_ifrs-fullProfitLossAttributableToOwnersOfParent_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Attributable to shareholders of VERBUND AG (Group result)</label>
    <label xlink:label="label_verbundag_ifrs-fullProfitLossAttributableToNoncontrollingInterests_Verbose" id="verbundag_ifrs-fullProfitLossAttributableToNoncontrollingInterests_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Attributable to non-controlling interests</label>
    <label xlink:label="label_verbundag_ifrs-fullBasicEarningsLossPerShare_Verbose" id="verbundag_ifrs-fullBasicEarningsLossPerShare_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Earnings per share in € (basic)</label>
    <label xlink:label="label_verbundag_ifrs-fullDilutedEarningsLossPerShare_Verbose" id="verbundag_ifrs-fullDilutedEarningsLossPerShare_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Earnings per share in € (diluted)</label>
    <label xlink:label="label_verbundag_ifrs-fullOtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans_Verbose" id="verbundag_ifrs-fullOtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Remeasurements of the net defined benefit liability</label>
    <label xlink:label="label_verbundag_ifrs-fullOtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments_Verbose" id="verbundag_ifrs-fullOtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Measurements of financial instruments</label>
    <label xlink:label="label_verbundag_ifrs-fullShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossBeforeTax_Verbose" id="verbundag_ifrs-fullShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossBeforeTax_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Other comprehensive income from interests accounted for using the equity method</label>
    <label xlink:label="label_verbundag_ifrs-fullOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossBeforeTax_Verbose" id="verbundag_ifrs-fullOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossBeforeTax_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Total for items that will not be reclassified subsequently to the income statement</label>
    <label xlink:label="label_verbundag_ifrs-fullOtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation_Verbose" id="verbundag_ifrs-fullOtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Differences from currency translation</label>
    <label xlink:label="label_verbundag_ifrs-fullOtherComprehensiveIncomeBeforeTaxCashFlowHedges_Verbose" id="verbundag_ifrs-fullOtherComprehensiveIncomeBeforeTaxCashFlowHedges_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Measurements of cash flow hedges</label>
    <label xlink:label="label_verbundag_ifrs-fullShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossNetOfTax_Verbose" id="verbundag_ifrs-fullShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossNetOfTax_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Other comprehensive income from interests accounted for using the equity method</label>
    <label xlink:label="label_verbundag_ifrs-fullOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossBeforeTax_Verbose" id="verbundag_ifrs-fullOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossBeforeTax_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Total for items that will be reclassified subsequently to the income statement</label>
    <label xlink:label="label_verbundag_ifrs-fullOtherComprehensiveIncomeBeforeTax_Verbose" id="verbundag_ifrs-fullOtherComprehensiveIncomeBeforeTax_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Other comprehensive income before tax</label>
    <label xlink:label="label_verbundag_ifrs-fullIncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss_Verbose" id="verbundag_ifrs-fullIncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Taxes on income relating to items that will not be reclassified subsequently to the income statement</label>
    <label xlink:label="label_verbundag_ifrs-fullIncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_Verbose" id="verbundag_ifrs-fullIncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Taxes on income relating to items that will be reclassified subsequently to the income statement</label>
    <label xlink:label="label_verbundag_ifrs-fullOtherComprehensiveIncome_Verbose" id="verbundag_ifrs-fullOtherComprehensiveIncome_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Other comprehensive income after tax</label>
    <label xlink:label="label_verbundag_ifrs-fullComprehensiveIncome_Verbose" id="verbundag_ifrs-fullComprehensiveIncome_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Total comprehensive income for the period</label>
    <label xlink:label="label_verbundag_ifrs-fullComprehensiveIncomeAttributableToOwnersOfParent_Verbose" id="verbundag_ifrs-fullComprehensiveIncomeAttributableToOwnersOfParent_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Attributable to shareholders of VERBUND AG (Group result)</label>
    <label xlink:label="label_verbundag_ifrs-fullComprehensiveIncomeAttributableToNoncontrollingInterests_Verbose" id="verbundag_ifrs-fullComprehensiveIncomeAttributableToNoncontrollingInterests_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Attributable to non-controlling interests</label>
    <label xlink:label="label_verbundag_ifrs-fullNoncurrentAssets_Verbose" id="verbundag_ifrs-fullNoncurrentAssets_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Non-current assets</label>
    <label xlink:label="label_verbundag_ifrs-fullIntangibleAssetsAndGoodwill_Verbose" id="verbundag_ifrs-fullIntangibleAssetsAndGoodwill_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Intangible assets</label>
    <label xlink:label="label_verbundag_ifrs-fullPropertyPlantAndEquipment_Verbose" id="verbundag_ifrs-fullPropertyPlantAndEquipment_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Property, plant and equipment</label>
    <label xlink:label="label_verbundag_ifrs-fullRightofuseAssets_Verbose" id="verbundag_ifrs-fullRightofuseAssets_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Right-of-use assets</label>
    <label xlink:label="label_verbundag_ifrs-fullInvestmentAccountedForUsingEquityMethod_Verbose" id="verbundag_ifrs-fullInvestmentAccountedForUsingEquityMethod_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Interests accounted for using the equity method</label>
    <label xlink:label="label_verbundag_ifrs-fullInvestmentsInSubsidiariesJointVenturesAndAssociates_Verbose" id="verbundag_ifrs-fullInvestmentsInSubsidiariesJointVenturesAndAssociates_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Other equity interests</label>
    <label xlink:label="label_verbundag_verbundagInvestmentsAndOtherReceivables_Standard" id="verbundag_verbundagInvestmentsAndOtherReceivables_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Investments and other receivables</label>
    <label xlink:label="label_verbundag_ifrs-fullNoncurrentDerivativeFinancialAssets_Verbose" id="verbundag_ifrs-fullNoncurrentDerivativeFinancialAssets_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Receivables from derivative financial instruments</label>
    <label xlink:label="label_verbundag_ifrs-fullDeferredTaxAssets_Verbose" id="verbundag_ifrs-fullDeferredTaxAssets_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Deferred tax assets</label>
    <label xlink:label="label_verbundag_ifrs-fullCurrentAssets_Verbose" id="verbundag_ifrs-fullCurrentAssets_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Current assets</label>
    <label xlink:label="label_verbundag_ifrs-fullInventories_Verbose" id="verbundag_ifrs-fullInventories_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Inventories</label>
    <label xlink:label="label_verbundag_ifrs-fullCurrentDerivativeFinancialAssets_Verbose" id="verbundag_ifrs-fullCurrentDerivativeFinancialAssets_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Receivables from derivative financial instruments</label>
    <label xlink:label="label_verbundag_ifrs-fullTradeAndOtherCurrentReceivables_Verbose" id="verbundag_ifrs-fullTradeAndOtherCurrentReceivables_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Trade receivables, other receivables and securities</label>
    <label xlink:label="label_verbundag_ifrs-fullCashAndCashEquivalents_Verbose" id="verbundag_ifrs-fullCashAndCashEquivalents_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Cash and cash equivalents</label>
    <label xlink:label="label_verbundag_ifrs-fullAssets_Verbose" id="verbundag_ifrs-fullAssets_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Total assets</label>
    <label xlink:label="label_verbundag_ifrs-fullEquityAttributableToOwnersOfParent_Verbose" id="verbundag_ifrs-fullEquityAttributableToOwnersOfParent_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Attributable to shareholders of VERBUND AG</label>
    <label xlink:label="label_verbundag_ifrs-fullNoncontrollingInterests_Verbose" id="verbundag_ifrs-fullNoncontrollingInterests_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Attributable to non-controlling interests</label>
    <label xlink:label="label_verbundag_ifrs-fullNoncurrentFinancialLiabilities_Verbose" id="verbundag_ifrs-fullNoncurrentFinancialLiabilities_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Financial liabilities</label>
    <label xlink:label="label_verbundag_ifrs-fullNoncurrentProvisions_Verbose" id="verbundag_ifrs-fullNoncurrentProvisions_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Provisions</label>
    <label xlink:label="label_verbundag_ifrs-fullDeferredTaxLiabilities_Verbose" id="verbundag_ifrs-fullDeferredTaxLiabilities_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Deferred tax liabilities</label>
    <label xlink:label="label_verbundag_verbundagContributionsToBuildingCostsAndGrants_Standard" id="verbundag_verbundagContributionsToBuildingCostsAndGrants_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Contributions to building costs and grants</label>
    <label xlink:label="label_verbundag_ifrs-fullNoncurrentDerivativeFinancialLiabilities_Verbose" id="verbundag_ifrs-fullNoncurrentDerivativeFinancialLiabilities_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Liabilities from derivative financial instruments</label>
    <label xlink:label="label_verbundag_ifrs-fullNoncurrentPayables_Verbose" id="verbundag_ifrs-fullNoncurrentPayables_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Other liabilities</label>
    <label xlink:label="label_verbundag_ifrs-fullCurrentFinancialLiabilities_Verbose" id="verbundag_ifrs-fullCurrentFinancialLiabilities_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Financial liabilities</label>
    <label xlink:label="label_verbundag_ifrs-fullCurrentProvisions_Verbose" id="verbundag_ifrs-fullCurrentProvisions_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Provisions</label>
    <label xlink:label="label_verbundag_ifrs-fullCurrentTaxLiabilitiesCurrent_Verbose" id="verbundag_ifrs-fullCurrentTaxLiabilitiesCurrent_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Current tax liabilities</label>
    <label xlink:label="label_verbundag_ifrs-fullCurrentDerivativeFinancialLiabilities_Verbose" id="verbundag_ifrs-fullCurrentDerivativeFinancialLiabilities_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Liabilities from derivative financial instruments</label>
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    <label xlink:label="label_verbundag_ifrs-fullIncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl_Verbose" id="verbundag_ifrs-fullIncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Change in the basis of consolidation</label>
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    <label xlink:label="label_verbundag_ifrs-fullDividendsPaid_Verbose" id="verbundag_ifrs-fullDividendsPaid_Verbose" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en">Dividend</label>
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