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VBK — Verbio SE News Story

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EnergyHighly SpeculativeMid CapFalling Star

Verbio jumps in early trade after reporting recovery in Q2

** Verbio's stock  VBKG.DE  jumps 8% in early Frankfurt
trade after the German biofuel producer's results improved q/q
    ** Q2 EBITDA came in at 20.8 million euros ($21.56 million),
vs a loss of 6.6 million euros in Q1, thanks to a recovery in
its biodiesel segment
    ** The biodiesel business doubled in Q2 compared to Q1
thanks to favourable rapeseed oil purchases compared to the spot
market
    ** Up to the previous session's close, shares were down
21.6%​ YTD, impacted by Verbio's profit warning in mid-January

($1 = 0.9648 euros)

 (Reporting by Isabel Demetz)
 ((Isabel.demetz@thomsonreuters.com))

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