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Mannheim, 16 June 2021 - According to preliminary figures, CropEnergies AG, Mannheim, generated revenues of EUR 214 (previous year: EUR 171) million and an operating profit of EUR 15.2 (previous year: EUR 8.1) million in the 1st quarter of the 2021/22 financial year.
Mannheim, 19 May 2021 – CropEnergies AG, Mannheim, generated revenues of EUR 833 (previous year: EUR 899) million in the 2020/21 financial year and an operating profit of EUR 107 (previous year: EUR 104) million, despite the challenging market environment. EBITDA adjusted for special items rose to EUR 148 (previous year: EUR 146) million. Despite the extended maintenance shutdown in Wanze at the beginning of the 2020/21 financial year due to the pandemic, ethanol production of 987 (previous year: 1,002) thousand cubic metres was roughly at the previous year's level.
Mannheim, 7 April 2021, 12:30 CET/CEST – CropEnergies AG, Mannheim, expects an operating profit of between EUR 50 and EUR 80 (previous year: EUR 107) million for the current financial year 2021/22 (1 March 2021 - 28 February 2022).
Mannheim, 24 March 2021 – According to preliminary figures, CropEnergies AG, Mannheim, achieved revenues of EUR 833 (previous year: EUR 899) million in the financial year 2020/21 (1 March 2020 - 28 February 2021). The operating result rose to EUR 107 (previous year: EUR 104) million. The EBITDA reached EUR 148 (previous year: EUR 146) million.
Mannheim, 13 January 2021 - In the first nine months of the 2020/21 financial year (1 March 2020 - 30 November 2020), CropEnergies AG, Mannheim, generated revenues of EUR 625 (previous year: EUR 668) million, which were lower than in the previous year. The main reasons for this were lower sales volumes and lower sales prices for food and animal feed products sold. In the 3rd quarter, turnover increased slightly compared to the previous year to EUR 226 (previous year: EUR 220) million.
Operating profit after nine months higher than previous year’s
Mannheim, 14 December 2020, 14:12 CET/CEST – According to preliminary figures, CropEnergies AG, Mannheim, has generated revenues of EUR 625 (previous year: EUR 668) million in the first nine months of the financial year 2020/21. EBITDA increased to EUR 109 (previous year: EUR 102) million, while operating profit reached EUR 79 (previous year: EUR 70) million.
Mannheim, 07 October 2020 - In the 2nd quarter of the financial year 2020/21 (1 June 2020 – 31 August 2020), CropEnergies AG, Mannheim, generated revenues of EUR 229 (previous year: EUR 245) million. Cumulative revenues in the 1st half were EUR 399 (previous year: EUR 448) million, which is approximately 11 percent lower than in the previous year. The main reasons for this were lower sales quantities and lower sales prices for the food and animal feed products sold.
Outlook for full financial year increased significantly
Mannheim, 15 September 2020, 12:12 CET/CEST - According to preliminary figures, CropEnergies AG, Mannheim, has generated revenues of EUR 229 (previous year: EUR 245) million in the 2nd quarter 2020/21. EBITDA grew to EUR 52 (previous year: EUR 39) million, while the operating profit reached EUR 43 (previous year: EUR 29) million. The main reasons for the excellent result were a high demand for renewable ethanol and the strong increase in ethanol prices.
Mannheim, 14 July 2020 - The shareholders of CropEnergies AG, Mannheim, approved the doubling of the dividend to EUR 0.30 (previous year: EUR 0.15) per share entitled to dividend proposed by the supervisory board and executive board. The Annual General Meeting elected Dr Thomas Kirchberg (60) as a new member of the supervisory board. All other items on the agenda were also approved by the shareholders.
Mannheim, 8 July 2020 - 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.