DGAP-News

VERBIO Vereinigte BioEnergie AG: Financial year 2013/2014 - one of the best in corporate history, positive outlook for the financial year 2014/2015

DGAP-News: VERBIO Vereinigte BioEnergie AG / Key word(s): Final
Results
VERBIO Vereinigte BioEnergie AG: Financial year 2013/2014 - one of the
best in corporate history, positive outlook for the financial year
2014/2015

24.09.2014 / 07:42

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VERBIO AG: Financial year 2013/2014 - one of the best in corporate history,
positive outlook for the financial year 2014/2015

- Financial year 2013/2014 with EBITDA of EUR 39.0m for the continuing
operations and discontinued operations very satisfactory

- Record production in the segments of biodiesel and bioethanol

- Sound footing both structurally and financially

Leipzig, September 24, 2014 - VERBIO is very satisfied with the business
performance in the financial year 2013/2014. It clearly reflects the
success of the strategic realignment of the Group and the competitiveness
of the company in a fair market environment. VERBIO has consequently
pursued a policy of further debt reduction and sustainably strengthened the
asset side of the balance sheet.

The figures of the Group as set out below refer to the business units to be
continued, Biodiesel, Bioethanol and Others. The Märka Trading unit has
been treated as abandoned business unit since last year.

Sales and revenue boosted
In the financial year 2013/2014 the group sales of VERBIO amounted to EUR
733.8 million. (2012/2013: EUR 705.2 million.). The sales increase by 4.1
percent is primarily a result of higher production and sales volumes
despite falling product prices. In the period between July 1, 2013 and June
30, 2014 the biofuel production reached a record high with 627,885 tons of
biodiesel and bioethanol. The production was up on previous year by 27
percent In addition as much as 323 GWh biomethane was produced in the
financial year 2013/2014.

The earnings before interest, taxes, depreciation and amortization (EBITDA)
amounted to EUR 36.2m exceeding the prior year period by EUR 32.6 million
(2012/2013: EUR 3.6 million). The group earnings before taxes and interest
(EBIT) is EUR 10.9 million (2012/2013: EUR -122.3 million), the net profit
or loss for the period accounts for EUR 5.4 million (2012/2013: EUR -125.9
million). Thus, the result per share (basic/diluted) is EUR 0.09
(2012/2013: EUR -2.00).

For the abandoned business unit the earnings after tax account for EUR -0.4
million (2012/2013: EUR -29.5 million) in total. EBITDA amounts to EUR 2.8
million, EBIT is EUR 2.4 million.

In Q 4 2013/2014 the EBITDA showed a stable development of EUR 7.3 million.
In addition to that it was possible to further boost the production of