Press

Archive 2020

TEASER
08 July 2020
CropEnergies defies corona crisis in 1st quarter
Net income for 1st quarter EUR 8 million - net financial assets increase to EUR 130 million
CropEnergies AG, Mannheim, has achieved revenues of EUR 171 (previous year: EUR 203) million in the 1st quarter (1 March - 31 May 2020) of the financial year 2020/21. EBITDA fell to EUR 18 (previous year: EUR 26) million, while the operating result reached EUR 8.1 (previous year: EUR 15.2) million. Net income for the quarter amounted to EUR 7.9 (previous year: EUR 10.6) million. Net financial assets rose to EUR 130 (29 February 2020: EUR 107) million...
TEASER

Insider information publication according to section 17 MAR

17 June 2020
CropEnergies: better than expected start to the year
Operating profit reaches EUR 8 million in 1st quarter 2020/21
CropEnergies AG, Mannheim, has started financial year 2020/21 (1 March 2020 – 28 February 2021) better than expected...
TEASER
13 May 2020
CropEnergies triples earnings in the 2019/20 financial year
Outlook for current fiscal year well below record result
Fighting 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.
TEASER

Insider information publication according to section 17 MAR

21 April 2020
CropEnergies doubles dividend after record results
Corona 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...
TEASER
8 April 2020
CropEnergies helps fighting the corona virus
Alcohol 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...
TEASER
25 March 2020
CropEnergies: 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.
TEASER
18 March 2020
CropEnergies: partial conversion of production to neutral alcohol for disinfectants
Coronavirus can lead to temporary restrictions
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.
TEASER

Insider information publication according to section 17 MAR

13 January 2020
CropEnergies decides succession for executive board
CropEnergies AG, Mannheim, has decided the succession for the executive board: Joachim Lutz, (63), CropEnergies AG‘s CEO, will retire at the end of the annual general meeting on 14 July 2020, after 14 years in the executive board.
TEASER
13 January 2020
CropEnergies triples operating profit
In the first nine months of the financial year 2019/20 (1 March 2019 – 30 November 2019) CropEnergies AG, Mannheim, has significantly increased its revenues. They rose by 12 percent to EUR 668 (previous year: EUR 596) million. This is mainly due to significantly higher sales prices for renewable, climate-friendly ethanol. The 3rd quarter contributed EUR 220 (previous year: EUR 203) million.

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