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EnviTec Biogas continues its international expansion in H1 2016 - Seite 2

reporting date effects described above, the Plant Construction segment's
sales revenues amounted to only EUR 5.3 million in the first six months of
2016 (previous year: EUR 35.9 million).

On the cost side, the strong expansion of service resources in the UK and
the announced maintenance cycle of the Group's own biogas plants led to a
sharp increase in the cost of materials. Although these effects reduced the
result, the EnviTec Group generated positive earnings before interest and
taxes (EBIT) of EUR 0.9 million in the reporting period (previous year: EUR
2.6 million). After taxes, the EnviTec Group generated earnings of EUR -0.1
million (previous year: EUR 2.2 million). The Group's profit after minority
interests amounted to EUR 0.2 million (previous year: EUR 1.3 million).
Earnings per share came in at EUR 0.01 (previous year: EUR 0.09). For the
full year 2016 EnviTec continues to expect a moderate improvement in
earnings before interest and taxes (EBIT) in comparison to the previous
year.

The amendment of the German Renewable Energy Sources Act (EEG) adopted in
July has disparate consequences for EnviTec Biogas. On the one hand, a
follow-up regulation has been introduced for the time after the expiry of
the current EEG tariff for old plants; on the other hand, the reform of the
EEG tariff for new plants will fail to stimulate plant construction
activity in Germany.

Jörg Fischer, Chief Financial Officer of EnviTec Biogas AG: "The newly
introduced follow-up tariff for existing biogas plants in Germany gives the
Own Plant Operation segment greater investment certainty and is a political
signal that the biogas sector should continue to make a contribution to
Germany's energy supply. At the same time, the standstill in plant
construction once again vindicates our strategy of early
internationalisation and flexibilisation and we will also step up the
international expansion of our Service business. We are confident that the
ongoing internationalisation of our Group will have a positive impact on
sales revenues and earnings in the full year 2016."

The full interim report on the first six months of 2016 is available at
http://www.envitec-biogas.de/ir/veroeffentlichungen/finanzberichte.html
(German only).



About EnviTec Biogas AG

EnviTec Biogas AG covers the entire value chain for the production of
biogas, including the planning and turnkey construction of biogas plants
and biogas upgrading plants as well as their commissioning. The company
takes charge of biological and technical services on demand and also offers
full plant and operational management. In addition, EnviTec also operates
its own biogas plants. EnviTec Biogas AG currently has a presence in 17
countries. In 2015, EnviTec generated revenues of EUR 174.9 million and an
EBIT of EUR 3.4 million. The EnviTec Group currently has about 370
employees. EnviTec Biogas has been listed on the Frankfurt stock exchange
since July 2007.

Contact:
Katrin Hackfort
EnviTec Biogas AG
T: [phone] - 810
E: [e-mail]


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Language: English
Company: EnviTec Biogas AG
Industriering 10a
49393 Lohne
Germany
Phone: [phone] - 80 65 0
Fax: [phone]
E-mail: [e-mail]
Internet: www.envitec-biogas.de
ISIN: DE000A0MVLS8
WKN: A0MVLS
Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange;
Open Market (Entry Standard) in Frankfurt


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507805 30.09.2016