Ad hoc Announcements
Publication of an ad-hoc release in accordance with Section 15 of the German Securities Trading Act (WpHG)
VERBIO expands its Management Board and re-assigns Management Board responsibilities; CTO and co-founder of VERBIO, Dr Georg Pollert, hands over responsibilities; Contract with CEO Claus Sauter is renewed
Zörbig/Leipzig, 27 October 2010 – The Supervisory Board of VERBIO Vereinigte BioEnergie AG – ISIN DE000A0JL9W6 – appointed Bernd Sauter (41) as new member of the Management Board responsible for purchasing and logistics effective 1 November 2010. Since the acquisition of the majority of shares in Märka GmbH, a purchasing and logistics company operating in the agricultural sector, these activities are set to become more strategically important within the VERBIO-group.
Zörbig/Leipzig, September 28, 2010 – Today, VERBIO Vereinigte BioEnergie AG – ISIN DE000A0JL9W6 – has concluded a contract about the purchase of a stake in Märka GmbH in the amount of economical 89.35% with Sauter Verpachtungsgesellschaft mbH, Zörbig.
VERBIO increased revenues by nearly 260 million Euros and generated a positive result in 2008. Authoritative forecast for fiscal year 2009 presently not possible
Leipzig, 23 March 2009 – In the financial year 2008 VERBIO achieved consolidated revenues in the amount of EUR 666.6 million (2007: EUR 408.0 million). Due to demand and price effects, revenues were 63.4 percent or EUR 258.6 million over the prior year’s amount. Although the increased taxation of pure biodiesel (B100) in 2008 from 9 cents per liter to 15 cents per liter put heavy pressure on the biodiesel market, demand for bio fuels in total remained stable, so VERBIO was able to profit from the increased sales prices and relatively stable raw material prices.
Preliminary financial statements for 2008: operating result in 4th quarter of 2008 behind expectations
Leipzig/Zörbig, 10 February 2009 – VERBIO achieved a preliminary group-wide turnover of 666.6 million euros in 2008 (2007: 408.0 million euros). The preliminary group operating result (EBIT) is between 13-15 million euros (2007: -257.5 million euros*), so that in either case a positive group result will be reported. Against expectations, the 4th quarter result was behind those for the 3rd quarter of 2008. These figures are preliminary figures before the preparation of the annual financial statements.
Zörbig/Leipzig, 27 January 2008 – VERBIO Vereinigte BioEnergie AG (VERBIO) has acquired 25.2 per cent of Neckermann Renewables Wittenberg GmbH, Wittenberg.