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VERBIO Vereinigte BioEnergie AG: Financial year 2013/2014 - one of the best in corporate history, positive outlook for the financial year 2014/2015 - Seite 3
increase it. In addition it is necessary to install effective proof,
control and sanction mechanisms before the GHG quota is introduced. This is
the only way to exclude market distortions and ensure a fair competition.
Outlook for 2014/2015
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Given the situation described above, the current level of sales and raw
material prices and the intended production capacity utilization the board
expects sales revenues ranging between EUR 500 and 600 million in
2014/2015. EBITDA is to be between EUR 25 and 35 million and the operating
result (EBIT) between EUR 3 and 13 million. The positive operating cash
flow will be used for investments in an aggregate of about EUR 14.0 million
to diversify the product range, further extend our straw-based biogas plant
and take measures to boost the efficiency of our existing production
plants.
For more detailed information on the corporate development in the financial
year 2013/2014 is available in the financial statement for 2013/2014 that
will be available at our website www.verbio.de from tomorrow 09:00 a.m.
Information about VERBIO Vereinigte BioEnergie AG (VERBIO)
VERBIO is one of the leading independent producers and providers of
biofuels and is at the same time the only large industrial producer of
biodiesel, bioethanol and biomethane in Europe. The nominal capacity is at
a rounded 450,000 tons biodiesel, 270,000 tons bioethanol and 480 gigawatt
hours biomethane per year. In the production of its highly efficient fuels,
the company uses energy-saving production processes and innovative
technologies of own development. The biofuels of VERBIO achieve CO2
reductions of up to 90 percent compared to petrol or diesel. VERBIO
delivers its products directly to the European mineral oil conglomerates,
mineral oil trading companies, independent gas stations, freight
forwarders, municipal utilities and vehicle fleets. In addition, VERBIO
markets high-quality pharma glycerine for the consumer goods and cosmetics
industry (glycerine is gained as a by-product in biodiesel production).
Within the group, VERBIO Vereinigte BioEnergie AG acts as Management
Holding. The operative business is exercised by the subsidiaries, VERBIO
Diesel Bitterfeld GmbH & Co. KG, VERBIO Diesel Schwedt GmbH & Co. KG,
VERBIO Ethanol Schwedt GmbH & Co. KG, VERBIO Ethanol Zörbig GmbH & Co. KG
and Märka GmbH. The VERBIO stock (ISIN DE000A0JL9W6 / WKN A0JL9W) has been
listed at the Prime Standard of the Frankfurt stock exchange since October
2006.
Important notice
material prices and the intended production capacity utilization the board
expects sales revenues ranging between EUR 500 and 600 million in
2014/2015. EBITDA is to be between EUR 25 and 35 million and the operating
result (EBIT) between EUR 3 and 13 million. The positive operating cash
flow will be used for investments in an aggregate of about EUR 14.0 million
to diversify the product range, further extend our straw-based biogas plant
and take measures to boost the efficiency of our existing production
plants.
For more detailed information on the corporate development in the financial
year 2013/2014 is available in the financial statement for 2013/2014 that
will be available at our website www.verbio.de from tomorrow 09:00 a.m.
Information about VERBIO Vereinigte BioEnergie AG (VERBIO)
VERBIO is one of the leading independent producers and providers of
biofuels and is at the same time the only large industrial producer of
biodiesel, bioethanol and biomethane in Europe. The nominal capacity is at
a rounded 450,000 tons biodiesel, 270,000 tons bioethanol and 480 gigawatt
hours biomethane per year. In the production of its highly efficient fuels,
the company uses energy-saving production processes and innovative
technologies of own development. The biofuels of VERBIO achieve CO2
reductions of up to 90 percent compared to petrol or diesel. VERBIO
delivers its products directly to the European mineral oil conglomerates,
mineral oil trading companies, independent gas stations, freight
forwarders, municipal utilities and vehicle fleets. In addition, VERBIO
markets high-quality pharma glycerine for the consumer goods and cosmetics
industry (glycerine is gained as a by-product in biodiesel production).
Within the group, VERBIO Vereinigte BioEnergie AG acts as Management
Holding. The operative business is exercised by the subsidiaries, VERBIO
Diesel Bitterfeld GmbH & Co. KG, VERBIO Diesel Schwedt GmbH & Co. KG,
VERBIO Ethanol Schwedt GmbH & Co. KG, VERBIO Ethanol Zörbig GmbH & Co. KG
and Märka GmbH. The VERBIO stock (ISIN DE000A0JL9W6 / WKN A0JL9W) has been
listed at the Prime Standard of the Frankfurt stock exchange since October
2006.
Important notice
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