Brief: Verbio H1 EBITDA Down At EUR 170.3 Mln

Verbio SE

09/02/2023 07:06

Feb 9 (Reuters) - Verbio Vereinigte Bioenergie AG
 VBKG.DE :
    * BIOMETHANE PRODUCTION AGAIN AT A NEW RECORD LEVEL IN Q2
2022/23
    * FORECAST FOR FULL FINANCIAL YEAR CONFIRMED
    * GENERATED 1.5 MILLION TONNES OF CO2 SAVINGS IN 1 HY
2022/23
    * APPROXIMATELY 40 PERCENT OF CO2 SAVINGS FROM ADVANCED
BIOFUELS
    * GROUP SALES REVENUES OF EUR 1,077.7 MILLION (1 HY 2021/22:
EUR
809.1 MILLION) IN FIRST SIX MONTHS OF FINANCIAL YEAR 2022/23
    * INCREASE IN SALES REVENUES COMPARED TO 1 HY 2021/22 IS DUE
TO
HIGHER AVERAGE SALES PRICES OF BOTH BIODIESEL AND BIOETHANOL
    * H1 EBITDA EUR 170.3 MILLION, BELOW FIGURE FOR SAME PERIOD
OF
PREVIOUS YEAR (1 HY 2021/22: EUR 187.2 MILLION)
    * Q2 EBITDA OF EUR 48.9 MILLION (Q2 2021/22: EUR 147.0
MILLION)
    * Q2 EBITDA DOWN PRIMARILY DUE TO FALLING SALES PRICES, IN
PARTICULAR FOR BIOETHANOL, DRIVEN BY IMPORTS FROM BRAZIL AND USA

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