Brief: Cropenergies H1 Operating Profit At EUR 51 Mln

CropEnergies AG

07/10/2020 06:03

Oct 7 (Reuters) - CROPENERGIES AG  CE2G.DE :
    * CROPENERGIES WITH EUR 51 MILLION OPERATING PROFIT IN THE
1ST
HALF
    * CUMULATIVE REVENUES IN 1ST HALF WERE EUR 399 (PREVIOUS
YEAR: EUR
448) MILLION, WHICH IS APPROXIMATELY 11 PERCENT LOWER THAN IN
PREVIOUS YEAR
    * OPERATING PROFIT, ON OTHER HAND, ROSE SIGNIFICANTLY IN 2ND
QUARTER TO EUR 42.6 (PREVIOUS YEAR: EUR 28.6) MILLION
    * FOR CURRENT FINANCIAL YEAR 2020/21, CROPENERGIES EXPECTS
REVENUES BETWEEN EUR 850 AND EUR 900 (PREVIOUS YEAR: EUR 899)
MILLION
    * EBITDA INCREASED TO EUR 52.2 (PREVIOUS YEAR: EUR 39.1)
MILLION
IN 2ND QUARTER AND REACHED EUR 70.4 (PREVIOUS YEAR: EUR 64.9)
MILLION IN 1ST HALF OF FINANCIAL YEAR
    * EXPECTS FOR FY 2020/21 OPERATING PROFIT BETWEEN EUR 110
AND EUR
140 (PREVIOUS YEAR: EUR 104) MILLION
    * EXPECTS FOR 2020/21 EBITDA OF EUR 150 TO EUR 180 (PREVIOUS
YEAR:
EUR 146) MILLION

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

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