Cropenergies triples Q2 profit on higher ethanol volumes, prices

CropEnergies AG

12/10/2022 06:10

Oct 12 (Reuters) - German biofuel producer Cropenergies
 CE2G.DE  said on Wednesday its second-quarter core profit
tripled thanks to significantly higher sales volumes and ethanol
prices.
    The company's earnings before interest, taxes, depreciation
and amortisation (EBITDA) came in at 103 million euros ($100
million) in the three months to Aug. 31.
($1 = 1.0297 euros)
 (Reporting by Bartosz Dabrowski in Gdansk; editing by Milla
Nissi)
 ((bartosz.dabrowski@thomsonreuters.com ; +48 587720995;))