Zörbig, October 11 2007 – At today’s meeting the Supervisory Board of VERBIO Vereinigte BioEnergie AG (VERBIO) appointed Martin Meurer (44) as a regular member of the Management Board and CFO of VERBIO Vereinigte BioEnergie AG. The appointment will take effect as of November 1, 2007.
VERBIO Vereinigte BioEnergie AG (VERBIO) powered down production at its bioethanol plant in Schwedt as planned this week. “We are currently fully engaged in carrying out intensive cleaning and maintenance work, from October it is likely that we will apply for short-time working,” comments Klaus-Dieter Bettien, Managing Director of NBE Nordbandenburger BioEnergie GmbH & Co. KG, a 100 per cent subsidiary of VERBIO.
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%).