Fiscal year 2007/08
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.
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).
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.
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).
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).
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.
If you have any questions, or would like further information, please contact:
Dr. Lilia Filipova-Neumann
Tel.: +49 621-71-41-90-30
Fax: +49 621-71-41-90-03
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