EnviTec Biogas AG

Earnings Release • Sep 28, 2020

News Details

Ad-hoc | 28 September 2020 17:46

EnviTec Biogas AG: Further increase in earnings expected for the 2020 financial year

EnviTec Biogas AG / Key word(s): Forecast

EnviTec Biogas AG: Further increase in earnings expected for the 2020 financial year

28-Sep-2020 / 17:46 CET/CEST

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EnviTec Biogas AG: Further increase in earnings expected for the 2020 financial year

Lohne, 28 September 2020 – EnviTec Biogas AG (ISIN: DE000A0MVLS8, WKN: A0MVLS) now expects to be able to further increase the consolidated total output and earnings before taxes (EBT) in fiscal 2020 compared to the previous year. In the 2019 financial year, a total output of € 203 million and an EBT of € 10.3 million had been achieved.

Based on the revised forecast of July 7, 2020, the Executive Board had so far expected a moderate increase in total output and an EBT of at least € 12.5 million. On the basis of the forecast approved today, the Executive Board now expects an EBT of € 17-19 million in the 2020 financial year with an increasing total output.

Contact us:

Katrin Hackfort

EnviTec Biogas AG

Phone: +49 25 74 88 88 – 810

Email: k.hackfort@envitec-biogas.de

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28-Sep-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

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Language:	English
Company:	EnviTec Biogas AG
	Industriering 10a
	49393 Lohne
	Germany
Phone:	+49 (0) 44 42 – 80 65 0
Fax:	+49 (0) 44 42 – 80 65 103
E-mail:	info@envitec-biogas.de
Internet:	www.envitec-biogas.de
ISIN:	DE000A0MVLS8
WKN:	A0MVLS
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1137444

End of Announcement	DGAP News Service