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Mannheim, 9 June 2022 - CropEnergies AG, Mannheim, has acquired a stake in LXP Group GmbH, Teltow (Germany), at the end of May 2022. For approx. EUR 2 million, CropEnergies secured just under 20 percent of the Brandenburg-based biotech startup as part of a capital increase.
Mannheim, 18 May 2022 - CropEnergies AG, Mannheim, Germany, achieved record revenues of EUR 1,075 (previous year: EUR 833) million in the 2021/22 financial year (1 March 2021 – 28 February 2022). Operating profit also improved significantly, reaching EUR 127 (previous year: EUR 107) million and EBITDA EUR 169 (previous year: EUR 148) million. The main reason for the record result was the sharp rise in ethanol sales prices in the 2nd half of the financial year, which more than offset the increase in raw material and energy costs.
Mannheim, 12 January 2022 – In the first nine months of the 2021/22 financial year (1 March 2021 – 28 February 2022), CropEnergies AG, Mannheim, generated revenues of EUR 781 (previous year: EUR 625) million. The main reason for this were higher volumes and selling prices for virtually all products.
Mannheim, 12 January 2022 – CropEnergies AG, Mannheim, and Johnson Matthey, London, a leader in sustainable technologies, have entered into an engineering, license and technical services agreement for a plant to allow CropEnergies AG to produce renewable ethyl acetate from sustainable ethanol near its production site in Zeitz, Germany.
Mannheim, 13 December 2021 – CropEnergies AG, Mannheim, has joined the over 150 member strong eFuel Alliance e.V., Berlin, Germany. More than any other association, the eFuel Alliance e.V. stands for scientific competence and practicable, social and realizable climate protection in mobility. The members from a wide variety of sectors speak with a unified voice in order to implement effective climate protection in a technology-neutral manner in the future.
Mannheim, 13 October 2021 – In the 2nd quarter of the 2021/22 financial year (1 June 2021 - 31 August 2021), CropEnergies AG, Mannheim, generated revenues of EUR 249 (previous year: EUR 229) million. In the 1st half of the financial year, revenues increased to EUR 463 (previous year: EUR 399) million.
Mannheim, 11 October 2021 – In a joint project, CropEnergies AG, Mannheim, together with Stuttgart Airport and the mineral oil company Mabanaft Deutschland GmbH & Co. KG, Hamburg, are testing a climate fuel with 20 percent renewable ethanol.
Mannheim, 20 September 2021 - "Jeder lobt was Nürburgring-erprobt." ("Everyone praises what has been tested on the Nürburgring.) That has been written in the historic paddock of the Nürburgring for decades and that is still implemented today. At the ADAC 1000 km race at the Nürburgring on 18 September 2021, the organiser's two pace cars and two historic racing cars (Porsche 911 RS and Ford Mustang from the 1970s) were powered by Super Eco 20 supplied by CropEnergies AG, Mannheim, and Mabanaft Deutschland GmbH & Co. KG, Hamburg. This high-performance fuel with 20 % renewable ethanol and 100 octane is climate-friendly and motorsport-proven. A first step towards CO2 reduction, which will be followed by others.
Mannheim, 13 July 2021 – At today's 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 0.35 (previous year: EUR 0.30) per share entitled to dividend. This results in a total dividend payout of EUR 30.5 million. All other agenda items were also approved with a majority of over 89 percent.
Mannheim, 07 July 2021 - In the 1st quarter (1 March - 31 May 2021) of the 2021/22 financial year, CropEnergies AG, Mannheim, generated revenues of EUR 214 (previous year: EUR 171) million and an operating profit of EUR 15.1 (previous year: EUR 8.1) million. This corresponds to an EBITDA of EUR 25.5 (previous year: EUR 18.2) million. Net financial assets increased significantly to EUR 182.6 (28.02.2021: EUR 154.6) million.