Verbio SE
VERBIO Vereinigte BioEnergie AG: VERBIO increases EBITDA in the first nine months of the financial year 2020/2021 by 16 percent compared to the previous year
DGAP-News: VERBIO Vereinigte BioEnergie AG
/ Key word(s): 9 Month figures
VERBIO AG: VERBIO increases EBITDA in the first nine months of the financial year 2020/2021 by 16 percent compared to the previous year – Increase in forecast result for the current financial year EBITDA approximately EUR 150 million in line with the ad hoc report issued on April 26, 2021 – Production volumes of biodiesel increased again compared to the previous year Leipzig, May 6, 2021 – VERBIO Vereinigte BioEnergie AG reports an improvement in results for the first nine months of the current financial year 2020/2021 compared to the same period in the previous year. Overall, group revenues increased by 9 percent to EUR 716.9 million compared to the previous year (9 M 2019/2020: EUR 659.3 million). Earnings before interest, taxation, depreciation and amortisation (EBITDA) for the nine-month period amounted to EUR 112.8 million, 16.2 percent ahead of the comparative period in the previous year (9 M 2019/2020: EUR 97.1 million). The Group result before taxation and interest (EBIT) totalled EUR 90.4 million (9 M 2019/2020: EUR 75.9 million). The Group result before taxation (EBT) totalled EUR 89.7 million (9 M 2019/2020: EUR 75.3 million), and the net result for the period was EUR 61.8 million (9 M 2019/2020: EUR 50.2 million). Based on the result for the period, earnings per share amount to EUR 0.98 (9 M 2019/2020: EUR 0.79). The production volume of biodiesel and bioethanol in the period from July 1, 2020 to March 31, 2021 totalled 626,780 tonnes, compared with 612,957 tonnes in the same period in the previous year. In addition, 594.3 GWh of biomethane were produced in the first nine months of the financial year 2020/2021 (9 M 2020/2021: 601.6 GWh), almost unchanged compared to the same period in the previous year. Development of the Biodiesel and Bioethanol segments There have been no changes to the opportunities and risks presented in the 2019/20 annual report. Detailed information on business developments in the first nine months of the 2020/2021 financial year are provided in the quarterly statement for the period ended March 31, 2021 which can be viewed from 8.30 a.m. on VERBIO’s website at www.verbio.de.
Information about VERBIO Vereinigte BioEnergie AG (VERBIO) Important notice Contact: VERBIO Vereinigte BioEnergie AG Ritterstraße 23 (Oelßner’s Hof) 04109 Leipzig Olaf Tröber (IR) Ulrike Kurze (PR) Phone: +49(0)341/308530-251 Fax: +49(0)341/308530-998 Email: ir@verbio.de/pr@verbio.de
06.05.2021 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | VERBIO Vereinigte BioEnergie AG |
Ritterstraße 23 (Oelßners Hof) | |
04109 Leipzig | |
Germany | |
Phone: | +49 (0)341 308530-0 |
Fax: | +49 (0)341 308530-998 |
E-mail: | ir@verbio.de |
Internet: | www.verbio.de |
ISIN: | DE000A0JL9W6 |
WKN: | A0JL9W |
Indices: | SDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1192927 |
End of News | DGAP News Service |