Big consensus for strategic course – Claus Sauter demands that politicians and automobile manufacturers adopt a more decisive approach – Wismar becomes new production site for bioethanol
In the first half of 2007, VERBIO generated consolidated revenues of EUR 203.8 million. The operating result before special items was EUR 5.1 million, corresponding to an EBIT margin of 2.5%; the operating result after special items amounted to EUR 1.1 million (EBIT margin: 0.5%).
VERBIO: Capacity utilisation for biodiesel satisfactory − ethanol business continues to perform significantly below expectations
During the 1st quarter of 2007, VERBIO Vereinigte BioEnergie AG (VERBIO) generated consolidated revenues amounting to EUR 103.1 million. The operating result before special items is EUR 5.3 million, corresponding to an EBIT margin of 5.1%. The operating result after special items amounts to EUR 3.3 million (EBIT margin: 3.2%).
VERBIO expects better results not before 2008 2007 burdened with weak demand of ethanol despite of mandatory blending, continuing margin pressure in the biodiesel business
VERBIO Vereinigte BioEnergie AG (ISIN DE000A0JL9W6), one of the leading producers and suppliers of biofuels in Europe anticipates sales and earnings in 2007 substantially below the previous year’s figures. The businesses will not improve before 2008. However for 2006 the operating results were fully achieved.
VERBIO publishes figures for first nine months of 2006 Strong growth in sales and earnings compared with 2005
VERBIO Vereinigte BioEnergie AG (ISIN DE000A0JL9W6), one of Europe’s leading producers and suppliers of biofuels, today reported strong growth in sales and earnings for the first nine months of its fiscal year 2006.