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Press releases

15.07.2010
CropEnergies' annual general meeting resolves first dividend payment
The annual general meeting of CropEnergies AG, Mannheim, on 15 July 2010 passed a resolution to pay a dividend for the first time. The total dividend payout is EUR 4.3 million. That is equivalent to EUR 0.05 per share. All the other motions put forward by the company's executive board and supervisory board were also adopted by a clear majority of over 99%. Approximately 800 shareholders and guests representing 82% of the share capital, attended the annual general meeting held in the Rosengarten in Mannheim.
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13.07.2010
CropEnergies reports a strong 1st quarter
Growth in revenues and earnings despite 5-year plant overhaul in Zeitz
CropEnergies AG, Mannheim, increased its revenues in the 1st quarter of the 2010/11 financial year by five percent to EUR 93.5 (previous year: 2009/10: EUR 89.0) million. Higher bioethanol and co-product sales in Belgium contributed especially. EBITDA improved strongly to EUR 9.7 (previous year: 0.7) million after the 1st quarter of the previous year had been burdened by the start-up phase at the new plant in Belgium. This was equivalent to a margin of 10.4 (previous year: 0.8) percent. The operating result rose to EUR 2.4 (previous year: -3.2) million, although depreciation almost doubled to EUR 7.4 (previous year: 3.9) million.
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18.05.2010
CropEnergies aims to more than double operating profit in 2010/11
Profitable growth enables a first dividend payment for 2009/10
With revenues up 14 percent to EUR 374.1 (previous year: 328.4) million, CropEnergies AG, Mannheim, sustained its growth course in 2009/10 despite the financial and economic crisis. EBIDTA increased 16 percent to EUR 33.1 (previous year: 28.6) million.
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17.05.2010
CropEnergies to pay a dividend of EUR 0.05 per share
CropEnergies AG, Mannheim, continued to grow profitably in the 2009/10 financial year (1 March 2009 - 28 February 2010) and increased its revenues by 14 percent to EUR 374.1 (previous year: 328.4) million.
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26.03.2010
Ground-breaking ceremony for Germany's biggest plant for the liquefaction of biogenic CO2
Minister Haseloff gives the start for building by the Joint Venture of CropEnergies and Tyczka Energie
Reiner Haseloff, Minister of Employment and Economic Affairs of the State of Saxony-Anhalt, together with Markwart Kunz, Deputy Supervisory Board Chairman of CropEnergies AG and Executive Board member of its parent company Südzucker AG Mannheim/Ochsenfurt, and Hans-Wolfgang Tyczka, majority shareholder of the Tyczka Group, made the first symbolic spade cut to start construction of a plant for liquefying biogenic CO2 from the production of bioethanol. With an annual capacity of 100,000 tonnes of food-grade liquefied CO2 and scheduled to start operations as early as the end of 2010, the plant is being erected by CT Biocarbonic GmbH, a joint venture of CropEnergies AG from Mannheim and Tyczka Energie GmbH from Geretsried, in the immediate vicinity of the bioethanol plant of CropEnergies in Zeitz.
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13.01.2010
CropEnergies continues to grow
EBITDA increased in the 3rd quarter by 36 % to EUR 9.5 million
In the first nine months of the financial year 2009/10 (March 1 through November 30, 2009) CropEnergies AG, Mannheim, recorded a substantial increase in revenues of 18 % to EUR 280.3 million (previous year: 237.5 million). Amongst other things, the company benefitted from increased sales as a result of the capacity expansion.
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