13 May 2020CropEnergies triples earnings in the 2019/20 financial yearOutlook for current fiscal year well below record resultFighting coronavirus with ethanol
CropEnergies AG, Mannheim, has achieved record revenues of EUR 899 (previous year: EUR 779) million in the 2019/20 financial year (1 March 2019 - 29 February 2020). Operating profit tripled to EUR 104 (previous year: EUR 33) million. EBITDA doubled to EUR 146 (previous year: EUR 72) million.
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21 April 2020CropEnergies doubles dividend after record resultsCorona crisis weighs on short-term forecast
The executive board of CropEnergies AG, Mannheim, has decided today – subject to a corresponding resolution by the supervisory board (expected on 11 May 2020) – to propose a dividend of EUR 0.30 (previous year: EUR 0.15) per share for the 2019/20 financial year to the annual general meeting...
8 April 2020CropEnergies helps fighting the corona virusAlcohol for 10 million litres of disinfectant as part of a major initiative
CropEnergies AG, Mannheim, is part of a large-scale initiative of the State of Bavaria to secure the supply of disinfectants to hospitals and other important facilities, initially for the next three months...
25 March 2020CropEnergies: There is sufficient ethanol for disinfectants
Plant in Zeitz produces 1 million litres daily
CropEnergies AG, Mannheim, is not only the largest European producer of sustainably produced technical ethanol (alcohol), but also a producer of specially purified, drinkable neutral alcohol for pharmaceutical applications, cosmetics or beverages. As the production of neutral alcohol is reaching the limits of its capacity throughout Europe, CropEnergies is expanding the production volumes as far as technically possible and is also asking customers outside the disinfection market to make arrangements in the current situation. "Numerous customers are willing to do this so that we can supply the pharmaceutical industry. We are very grateful for this. Health comes first," says Joachim Lutz, Chief Executive Officer of CropEnergies AG.
CropEnergies AG, Mannheim, will partially switch its production from fuel alcohol to neutral alcohol in order to meet the growing demand for ethanol as the main ingredient for disinfectants.
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Annual Report 2019/20
1 March 2019 to 29 February 2020Download (PDF, 10.25 MB)
Fact Sheet bioethanol
Benefits of European bioethanolDownload (PDF, 516.53 KB)