Biofuel maker CropEnergies Q2 sales drop on lower volumes and ethanol prices

CropEnergies AG

11/10/2023 06:13

Oct 11 (Reuters) - German biofuel producer CropEnergies
 CE2G.DE  reported a drop in second-quarter revenue on
Wednesday, citing normalised ethanol prices and lower production
and sales volumes due to scheduled maintenance shutdowns.
    The company's sales fell to 309 million euros ($327.57
million) in the three months to Aug. 31, compared with 450
million a year earlier.
($1 = 0.9433 euros)

 (Reporting by Anastasiia Kozlova and Mateusz Dobrzyniewski in
Gdansk; editing by Milla Nissi)
 ((Anastasiia.Kozlova@thomsonreuters.com;
Mateusz.Dobrzyniewski@thomsonreuters.com))