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09/12/2023 Company news
CropEnergies opts for climate-neutral energy solution for new production plant

Mannheim / Magdeburg / Zeitz, 13. September 2023

GETEC Group will build a plant for climate-neutral energy supply and the supply of e.g. steam and compressed air on the site of the Zeitz Chemical and Industrial Park in Elsteraue for CE Biobased Chemicals GmbH (CEBC), a 100% subsidiary of CropEnergies AG.

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07/25/2023 Company news
CropEnergies invests more than EUR 100 million in UK production site

Mannheim, 25 July 2023 – CropEnergies AG, Mannheim, will invest more than EUR 100 million into various projects in the production site of its subsidiary Ensus UK Ltd. in Wilton, UK, over the next years. The investments will enhance the overall profitability of the site as well as its competitiveness, reduce CO2 emissions and strengthen its position on the European ethanol and protein markets.

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07/12/2023 Insider informations
CropEnergies expects significant reduction in results in 2nd quarter

Mannheim, 12 July 2023, 15:55 CEST – CropEnergies AG, Mannheim, expects a significant reduction in revenues, EBITDA and operating profit for the 2nd quarter of the financial year 2023/24 (1 June to 31 August 2023). In the same quarter of the previous year, CropEnergies had achieved the best quarterly result in the history of the company, due to exceptional conditions. Revenues amounted to EUR 450 million, operating profit reached EUR 93 million and EBITDA came out at EUR 103 million.

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07/11/2023 Company news
CropEnergies increases dividend to EUR 0.60

Mannheim, 11 July 2023 – At today's virtual annual general meeting of CropEnergies AG, Mannheim, the shareholders approved by a large majority the proposal of the supervisory board and executive board to increase the dividend to EUR 0.60 (previous year: EUR 0.45) per dividend-bearing share after the record financial year 2022/23. This results in a total distribution of EUR 52.3 million. All other items on the agenda were also approved with a majority of over 90 percent.

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07/05/2023 Company news
CropEnergies confirms outlook for current financial year

Mannheim, 5 July 2023 – After an exceptionally strong 1st quarter in the previous year, CropEnergies AG, Mannheim, Germany, reported revenues of EUR 321 (previous year: EUR 399) million and an operating profit of EUR 14 (previous year: EUR 87) million in the 1st quarter of 2023/24 (1 March – 31 May 2023). This corresponds to an EBITDA of EUR 25 (previous year: EUR 98) million. Ethanol production declined to 221 (previous year: 281) thousand cubic meters due to scheduled maintenance shutdowns.

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05/24/2023 Company news
CropEnergies with record result in 2022/23 financial year

Mannheim, 24 May 2023 – In the 2022/23 financial year, CropEnergies AG, Mannheim, achieved the best result since the company was founded. With revenues of EUR 1,488 (previous year: EUR 1,075) million, CropEnergies again significantly exceeded the record figure from the previous financial year.

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05/23/2023 Company news
CropEnergies and Shell develop new racing fuel for Four Motors

Mannheim, 23 May 2023 – "Jeder lobt was Nürburgring-erprobt." ("Everyone praises what has been tested on the Nürburgring.”) The sign in the historic paddock of the Nürburgring which has been there for decades still holds true today: The Reutlingen-based racing team Four Motors will once again go to the race start this year with an absolute innovation.

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04/17/2023 Insider informations
CropEnergies expects significant reduction in results in 1st quarter

Mannheim, 17 April 2023, 17:25 CEST – CropEnergies AG, Mannheim, expects a significant reduction in revenues, EBITDA and operating profit for the 1st quarter of the financial year 2023/24 (1 March 2023 to 29 February 2024). In the same quarter of the previous year, CropEnergies had achieved revenues of EUR 399 million, an operating profit of EUR 87 million and an EBITDA of EUR 98 million due to exceptional conditions.

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03/16/2023 Insider informations
CropEnergies executive board proposes dividend of EUR 0.60 per share

Mannheim, 16 March 2023, 16:45 CEST – The executive board of CropEnergies AG, Mannheim, has decided – subject to a corresponding resolution by the supervisory board (expected on 22 May 2023) – to propose to the annual general meeting a dividend of EUR 0.60 (previous year: 0.45) per share for the financial year 2022/23 (1 March 2022 – 28 February 2023). The annual general meeting will take place on 11 July 2023.

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01/11/2023 Company news
CropEnergies with significant increase in revenues and earnings in the first nine months of financial year 2022/23

Mannheim, 11 January 2023 – In the first nine months of the 2022/23 financial year (1 March 2022 - 28 February 2023), CropEnergies AG, Mannheim, generated revenues of EUR 1,177 (previous year: EUR 781) million. The main reason for this were higher sales volumes and sales prices overall, both for sustainably produced ethanol and for the food and animal feed products sold. As the significantly higher revenues for the products sold more than compensated for the negative impact from the higher raw material and energy prices, it was possible to more than double both the EBITDA of EUR 267 (previous year: EUR 125) million and the operating profit of EUR 235 (previous year: EUR 94) million. Ethanol production in the first three quarters of the financial year 2022/23 increased compared to the previous year and reached 811,000 (previous year: 778,000) cubic metres.

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