11.10.2017CropEnergies continues to increase revenues and earnings in 1st half of 2017/18
Ethanol production increases by 26 percent
CropEnergies AG, Mannheim, increased revenues and earnings significantly in the 1st
half of the financial year 2017/18. Thanks to the higher production volumes of ethanol as well as food and animal feed products and the growth in trading volumes, revenues increased by 31 percent to EUR 460 (previous year: EUR 350) million. In the 2nd
quarter 2017/18, they grew to EUR 229 (previous year: EUR 182) million.
18.07.2017CropEnergies doubles dividend
The shareholders of CropEnergies AG, Mannheim, approved by a large majority the proposal of the supervisory board and the executive board to double the dividend and distribute EUR 0.30 per share entitled to dividend. This results in a total payout of EUR 26.2 million. All other agenda items, including the reelection of the six members of the supervisory board, were also adopted by a majority of over 99 percent ...
12.07.2017CropEnergies confirms good result in 1st quarter Bioethanol production increases by 38 percent in 1st quarter
CropEnergies AG, Mannheim, was able to significantly increase revenues and results in the 1st
quarter of the current financial year 2017/18. As already announced on 19 June 2017, revenues increased by 38 percent to EUR 231 (previous year: EUR 168) million. The main reasons for the growth were the significantly increased sales volumes of bioethanol as well as food and animal feed products. ...
19.06.2017CropEnergies increases forecast after strong 1st quarter 2017/18
CropEnergies AG, Mannheim, has - according to preliminary results - increased revenues and results significantly in the 1st
quarter of the current financial year 2017/18 (1 March 2017 - 28 February 2018). Revenues increased by 38 percent to EUR 231 (previous year: EUR 168) million, while operating profit improved by 21 percent to EUR 23.5 (previous year: EUR 19.4) million...
In the financial year 2016/17 (1 March 2016 to 28 February 2017), CropEnergies AG, Mannheim, achieved a new record result. Revenues increased by 11 percent to EUR 802 (previous year: EUR 723) million...
CropEnergies AG, Mannheim, achieved revenues of EUR 802 (previous year EUR 723) million in the financial year 2016/17 (1 March 2016 to 28 February 2017). Operating profit reached a record of EUR 98 (previous year: EUR 87) million in the same period. The increase resulted mainly from higher production and sales volumes....
The executive board of CropEnergies AG, Mannheim, decided in today's meeting to propose a dividend of EUR 0.30 per share to the annual general meeting taking place on 18 July 2017, subject to the supervisory board deciding accordingly (expected on 16 May 2017)...
13.02.2017CropEnergies increases forecast for financial year 2016/17 once more
After record year 2016/17, normalization expected for 2017/18
CropEnergies AG, Mannheim, once more increases its forecast for the current financial year 2016/17 (1 March 2016 - 28 February 2017). The main reasons for the better earnings situation are the spot prices for bioethanol which continue to be significantly higher than the previously expected forward prices as well as the high capacity utilization in all four production plants. With this, CropEnergies strengthens its position as leading bioethanol producer in the EU. For the full financial year 2016/17, CropEnergies now expects revenues of EUR 800 to EUR 810 (previously expected: EUR 760 to EUR 790, previous year: EUR 723) million. Operating profit is to reach EUR 95 to EUR 100 (previously expected: EUR 70 to EUR 85, previous year: EUR 87) million. At the same time, CropEnergies expects a record EBITDA of approximately EUR 130 to EUR 135 (previous year: EUR 122) million.
11.01.2017CropEnergies grows in 3rd quarter and increases earnings forecast
Reduction of emissions required by European Commission only possible with secure basis for conventional biofuels
In the first nine months of the financial year 2016/17, CropEnergies AG, Mannheim, increased revenues slightly to EUR 565 (previous year: EUR 558) million. The jump in revenues in the 3rd
quarter to EUR 215 (previous year: EUR 168) million contributed significantly. The main reason for the increase in revenues is the restart of the production plant in Wilton, UK, by which CropEnergies increased bioethanol production from 618,000 to 735,000 cubic meters in the reporting period. At the same time, the food and animal feed volumes produced increased.
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