Brief: Scandinavian Biogas Says Expects The Ebitda Margin Of At Least 30 Percent By 2024

Biokraft International AB

19/07/2022 17:05

July 19 (Reuters) - Scandinavian Biogas Fuels International
AB  BIOGAS.ST :
    * SCANDINAVIAN BIOGAS UPDATES FINANCIAL TARGETS FOR 2024 AND
CONFIRMS ACCELERATED CAPACITY EXPANSION TO REACH 3 TWH BY 2030
    * SCANDINAVIAN BIOGAS FUELS INTERNATIONAL AB - BOARD HAS
DECIDED
TO EXPLORE VARIOUS FINANCING ALTERNATIVES FOR CONTINUED GROWTH
    * SCANDINAVIAN BIOGAS FUELS - HIGHER PRICES FOR CO PARTIALLY
COUNTERACT VOLUME EFFECT ON REVENUES, ESTIMATED TO REACH
APPROXIMATELY SEK 650 MILLION IN 2024
    * SCANDINAVIAN  BIOGAS - HIGHER PRICES FOR BIOGAS PARTIALLY
COUNTERACT VOLUME EFFECT ON REVENUES, IS ESTIMATED TO REACH
ABOUT SEK 650 MILLION IN 2024
    * SCANDINAVIAN BIOGAS FUELS INTERNATIONAL AB - EXPECTS  THE
EBITDA
MARGIN OF AT LEAST 30 PERCENT BY 2024
    * SCANDINAVIAN BIOGAS FUELS INTERNATIONAL AB- PRODUCTION
VOLUME IS
ESTIMATED TO REACH 600 GWH, WHICH IS 100 GWH LOWER THAN PREVIOUS
TARGETS OF 700 GWH

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 ((Reuters.Brief@thomsonreuters.com;))