CropEnergies trims FY revenue outlook on declining ethanol prices

CropEnergies AG

15/12/2023 09:33

Dec 15 (Reuters) - German biofuel producer CropEnergies
 CE2G.DE  on Friday cut its full-year revenue outlook, citing
persisting deterioration of the earnings situation as ethanol
prices have continued to drop.
    Now the company sees full-year revenue in the range of 1.23
billion to 1.25 billion euros  ($1.35-1.37 billion), compared to
previously expected 1.24- 1.30 million euros.


($1 = 0.9125 euros)

 (Reporting by Amir Orusov and Anastasiia Kozlova, Editing by
Linda Pasquini)
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