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Current announcements according to section 17 MAR*
13 January 2020CropEnergies decides succession for executive board
Mannheim, 13 January 2020 – 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.
CropEnergies AG, Mannheim, is again raising its outlook for the 2019/20 financial year due to continued robust demand for climate-friendly alternatives to fossil fuels and continued revenues for renewable ethanol that are significantly higher than in the previous year...
CropEnergies AG, Mannheim, expects significantly higher earnings also for the 3rd quarter 2019/20 (1 September to 30 November 2019) and again increases the earnings forecast for the current financial year 2019/20. Revenues are now expected to lie in a range of EUR 840 and EUR 870 (previously expected: EUR 820 to EUR 860) million...
In view of the increased sales price for renewable ethanol, which is a sustainable alternative to fossil petrol, CropEnergies AG, Mannheim, adjusts its outlook for the current financial year 2019/20.
14.06.2019CropEnergies starts into financial year 2019/20 with a strong 1st quarter
CropEnergies AG, Mannheim, has, according to preliminary results, generated revenues of EUR 203 (previous year: EUR 192) million in the 1st quarter of the financial year 2019/20 (1 March 2019 – 29 February 2020). Thanks to recovered ethanol prices, operating profit at EUR 15.2 (previous year: EUR 4.6) million was significantly higher than the previous year’s result. EBITDA reached EUR 25.8 (previous year: EUR 14.3) million.
* before 2 July 2016: Ad hoc announcement pursuant to Section 15 of the German Securities Trading Act (WpHG)
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Statement for the 1st-3rd Quarter
1 March to 30 November 2019Download (PDF, 311.58 KB)