Verbio shares jump as H1 profit more than doubles

Verbio SE

10/02/2022 08:03

** Shares of Verbio Vereinigte Bioenergie  VBKG.DE  surge
7.2% in early Frankfurt trade after the German bioenergy company
reported H1 sales and profit growth urn:newsml:reuters.com:*:nFWN2UK1GN
    ** H1 EBITDA was up 132.8% to 187.2 million euros while
sales increased 69% to 809.1 million euros
    ** The German company also raised its full year guidance for
EBITDA to 300 million euros from previously forecast 230 million
 urn:newsml:reuters.com:*:nL8N2SL4G3
    ** Verbio sits on top of German small caps index  .SDAXI 
    
   
    

 (Reporting by Ana Cantero)
 ((Ana.canteroros@thomsonreuters.com))