Brief: CropEnergies 9-Month Operating Profit Up At EUR 79 Million

CropEnergies AG

13/01/2021 06:02

Jan 13 (Reuters) - CROPENERGIES AG  CE2G.DE :
    * OPERATING PROFIT OF CROPENERGIES INCREASED COMPARED TO
PREVIOUS
YEAR AFTER NINE MONTHS
    * IN 3RD QUARTER, TURNOVER INCREASED SLIGHTLY COMPARED TO
PREVIOUS
YEAR TO EUR 226 (PREVIOUS YEAR: EUR 220) MILLION
    * GENERATED 9M REVENUES OF EUR 625 (PREVIOUS YEAR: EUR 668)
MILLION, WHICH WERE LOWER THAN IN PREVIOUS YEAR
    * EBITDA INCREASED IN FIRST THREE QUARTERS TO EUR 109
(PREVIOUS
YEAR: EUR 102) MILLION
    * IS INVESTING AROUND EUR 50 MILLION IN ANOTHER BIOMASS
POWER
PLANT IN NEXT FEW YEARS IN ORDER TO BE ABLE TO PRODUCE
COMPLETELY CLIMATE-NEUTRALLY AT SITE IN WANZE
    * POWER PLANT IS SCHEDULED TO GO INTO OPERATION IN 2023
    * 9M OPERATING RESULT IMPROVED TO EUR 79 (PREVIOUS YEAR: EUR
70)
MILLION WITH LOWER DEPRECIATION

Source text for Eikon:  ID:nPexC6m4Ba 
Further company coverage:  CE2G.DE 

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