Fiscal year 2006/07
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).
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.
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