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

·2-min read

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
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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

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

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

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