Investor Relations

Announcements

Current financial announcements

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.
More -->

Ad hoc announcement

28.10.2009
CropEnergies - Short delay in capacity expansion
CropEnergies AG, Mannheim, the leading European bioethanol producer, reduces the production planning for the current 3rd quarter (1 Sept. to 30 Nov.) due to an unscheduled need for repairs in its new plant in Belgium.
More -->
14.10.2009
CropEnergies with dynamic revenue growth
In the 1st half of the 2009/10 financial year CropEnergies AG, Mannheim, increased its revenues by 26% to € 184.3 (146.3) million. This was mainly due to higher sales of bioethanol as a result of the growth of 67% in bioethanol production to a total of 294,000 m³ in the first six months.
Mehr -->
16.07.2009
Dr. Theo Spettmann takes over as supervisory board chairman at CropEnergies
The annual general meeting of CropEnergies AG, Mannheim, on July 16, 2009 elected Dr. Theo Spettmann to the supervisory board for a term ending at the close of the Annual General Meeting in 2012. At the supervisory board meeting held after the annual general meeting he was elected as chairman. Dr. Spettmann is succeeding Dr. h. c. Eggert Voscherau, who has been chairman of the supervisory board of CropEnergies AG since November 2006 and retired from the supervisory board at the end of today’s annual general meeting. CropEnergies thanks Dr. Voscherau for the valuable services he has rendered and his exceptional support at a time when CropEnergies has evolved from a purely German bioethanol producer into a pan-European group of companies.
More -->
14.07.2009
CropEnergies increases revenues and production
Operating result still burdened by start-up costs in Belgium
In the first three months of the 2009/10 financial year CropEnergies AG, Mannheim, increased its revenues by 58% from € 56.4 million to € 89.0 million. This was mainly due to a higher volume of bioethanol sold as a result of the growth in bioethanol production to a total of 145,000 m³.
More -->
26.05.2009
CropEnergies and Tyczka Energie to build a CO2 liquefaction plant in Zeitz
CropEnergies AG, Mannheim, and Tyczka Energie GmbH, Geretsried, are planning to build a plant for the liquefaction of food quality CO2 (carbon dioxide) in Zeitz, Saxony-Anhalt, Germany. The plant will have an annual production capacity of 100,000 tonnes of carbon dioxide and is scheduled to commence operation in 2010.
More -->
20.05.2009
CropEnergies on growth path
CropEnergies AG, Mannheim, has continued on its successful growth path in the past 2008/09 financial year (1 March 2008 to 28 February 2009). Revenues were up 76% to € 328.4 (186.8) million. With a Group operating profit of € 18.2 (22.0) million, CropEnergies achieved a respectable result under difficult market conditions. Despite the start-up costs for the new plant in Wanze, Belgium, the related higher financing costs, and the non-recurrence of the one-off tax income booked the year before, CropEnergies posted Group net earnings for the year of € 5.9 (20.1) million. The parent company CropEnergies AG improved its net earnings for the year substantially to € 6.0 (1.2) million and was able to offset the remaining losses carried forward from the previous years.
More -->
13.01.2009
CropEnergies raises revenue forecast for the 2008/09 financial year
Mannheim, 13 January 2009 - In the first nine months of the 2008/09 financial year CropEnergies AG, Mannheim, was able to increase its revenues by 89% from € 125.7 to 237.5 million. For the full 2008/09 financial year CropEnergies now expects revenues of over € 300 (187) million.
More -->
22.12.2008
CropEnergies: Next Generation Bioethanol Plant in Belgium Starts Production
BioWanze, the Belgian subsidiary of CropEnergies AG, Mannheim, starts production in its next-generation bioethanol plant in Wanze, Belgium, as planned. The plant, being the largest bioethanol plant in Belgium, will produce up to 300,000 m³ of bioethanol per year from wheat and sugar syrups. The innovative manufacturing process, which uses biomass as a primary energy source, lowers CO2 emissions by up to 70% compared to fossil fuels. With this, BioWanze has been awarded half of the distributed production licenses or 125,000 m³ per year until 2013 with which the Belgian government promotes biofuels in the domestic market. The investment for this unique technology is more than € 250 million.
More -->
14.10.2008
Successful first half for CropEnergies - Expansion proceeding as planned
CropEnergies AG, Mannheim, increased its revenues in the first six months of the 2008/09 financial year by 67.8% to € 146.3 (87.2) million. EBITDA was down 13.1% to € 15.8 (18.2) million due to raw material costs. With an EBITDA margin of 10.8% (20.9%), CropEnergies achieved a leading position in the biofuel industry. After depreciation of € 4.7 (4.2) million, operating profit was down 20.4% to € 11.1 (14.0) million, equivalent to 7.6% (16.0%) of revenues.
More -->
09.07.2008
Successful start of new financial year for CropEnergies – Revenue increases by 66 percent
CropEnergies AG, Mannheim, has increased its revenues by 66% to € 56.4 (34.1) million € in the first three months of the current financial year (1 March to 31 May 2008). Besides increased selling prices, this was mainly due to higher bioethanol sales. Supported by a growth in revenues and an increased use of sugar syrups instead of grain, operating profit reached last year’s level of € 5.5 (5.5) million despite higher grain prices. After preparatory cost for Wanze and a capital expenditure-related decrease in the interest result, net earnings in the first quarter amounted to € 3.0 (4.2) million.
More -->
04.07.2008
Zeitz bioethanol plant expansion completed
CropEnergies AG, Mannheim, has completed the expansion of the capacity of their bioethanol plant in Zeitz, Saxony-Anhalt, as planned. After a construction time for the extension of only 13 months, the original annual capacity of the Zeitz location of 260,000 m³ of bioethanol has been increased by a further 100,000 m³ to 360,000 m³. This increase was carried out in two stages. The existing plant, which processes cereals and sugar syrups into bioethanol, was expanded by an additional 40,000 m³ of bioethanol per annum. The newly-built plant with an annual capacity of 60,000 m³ exclusively processes sugar syrups originating from the neighbouring sugar factory. With this expansion, the Zeitz factory is by far Europe's largest bioethanol plant.
More -->
02.06.2008
CropEnergies AG acquires French bioethanol producer Ryssen Alcools S.A.S
CropEnergies AG signed an agreement for the acquisition of French alcohol producer Ryssen Alcools S.A.S in Paris on 2 June 2008. The seller is French sugar producer Saint Louis Sucre, which is a member of the Südzucker Group. The acquisition of Ryssen Alcools S.A.S is due to be completed at the end of June 2008. With this move CropEnergies is expanding its activities in the important French market as planned and will be increasing its capacities for the production of bioethanol for fuel applications by another 100,000 m³ of bioethanol per year.
More -->
15.05.2008
CropEnergies AG increases revenues and earnings
In the past 2007/08 financial year (1 March 2007 to 29 February 2008) CropEnergies AG, Mannheim, increased its revenues by over 27% year on year to € 186.8 (146.8) million. The Group’s operating profit was improved again by 4.8% to € 22.0 (21.0) million equivalent to an operating margin of 11.8 (14.3)%.
More -->
04.04.2008
CropEnergies expects bioethanol market to continue growing despite E10 stop
The CropEnergies AG, Mannheim, expects that the bioethanol market in Germany and Europe will continue to grow despite the announcement of German Federal Environmental Minister Sigmar Gabriel, to defer for now the increase of the amount of bioethanol allowed in gasoline from 5 vol.-% to 10 vol.-% (E10). The legally tied down blending quotas for Germany are not influenced by the decision
More -->
14.01.2008
CropEnergies increases revenues and earnings
CropEnergies AG, Mannheim, one of Europe’s leading producers of bioethanol, has further improved revenues and earnings in the first nine months of the current financial year (1 March 2007 to 30 November 2007).
More -->
22.11.2007
CropEnergies Welcomes “Roadmap Biofuels“ of Federal Government – Growth Confirmed
CropEnergies AG, Mannheim, welcomes the German federal government’s “Roadmap Biofuels“, which was presented yesterday, as a commitment to the sustainable promotion and use of biofuels.
More -->
10.10.2007
CropEnergies confirms profitable development – Revenue growth of 20% expected in the 2007/08 financial year
CropEnergies AG, Mannheim, one of Europe’s leading producers of bioethanol, has further improved revenues and earnings in the first half of the current financial year (1 March 2007 to 31 August 2007).
More -->
17.07.2007
Great Interest in First Annual General Meeting of CropEnergies AG
CropEnergies AG, Mannheim, welcomed approximately 1.000 participants to its first annual general meeting since the initial public offering in September 2006. The strategic positioning of the company and the emerging market of renewable energies were of particular interest to shareholders as well as representatives of associations of shareholders.
More -->
12.07.2007
CropEnergies AG With A Strong First Quarter
In the first three months of the current financial year, CropEnergies AG, Mannheim, increased its revenues by 10.8 % to € 34.1 million (€ 30.8 million) compared to the same period in 2006/07. The operating profit was more than doubled. In the first quarter it totalled € 5.5 million (€ 2.6 million).
More -->
15.05.2007
CropEnergies doubles turnover – operating margin in double digits
CropEnergies AG, Mannheim, has more than doubled sales to € 146.8 (60.5) million compared to the previous financial year (1 March 2006 - 28 February 2007).
More -->
03.04.2007
CropEnergies AG: Good start into the new 2007/08 financial year
Mannheim, 3. April, 2007 – In light of advance sales to date, CropEnergies AG, Mannheim, a producer of fuels from regenerative sources specializing in bioethanol, expects further rising sales revenues and a higher operating result in the new 2007/08 financial year which began on March 1, 2007. 
More -->
11.01.2007
CropEnergies AG significantly improves revenues and earnings
In the first nine months of the current financial year (1 March to 30 November 2006) CropEnergies AG, Mannheim, achieved revenues of € 98.2 million, which is almost treble the figure for the same period of the previous year (€ 33.0 million). Operating profit saw a further improvement in the third quarter of the financial year. For the first nine months of the financial year it totalled € 13.0 million (previous year: € -17.4 million).
More -->
11.10.2006
Achieved revenues in the first half of 2006/07
CropEnergies AG, Mannheim (ISIN DE000A0LAUP1), achieved revenues of € 65.0 million in the first half of 2006/07 (previous half-year: € 15.9 million), which already exceeds the full prior-year revenues of € 60.5 million. The level of capacity utilisation in the second quarter of 2006/07 already reached more than 60,000 m³, which is equivalent to about 90 % of capacity. A total of around 110,000 m³ of bioethanol was produced in the first six months of 2006/07.
More -->

to top of page