finanzwire.de

Search

VERBIO VEREINIGTE BIOENERGIE AG (FRA:VBK) DGAP-Adhoc: VERBIO Vereinigte BioEnergie AG: VERBIO increases earnings forecast for 2013/2014 again after strong second

Transparency directive : regulatory news

03/02/2014 16:40

08/11/2018 23:31
29/09/2018 14:59
30/04/2018 16:00
12/01/2017 15:41
25/01/2016 17:53
04/05/2015 16:06
26/01/2015 14:18
03/02/2014 16:40
25/09/2013 07:30
29/07/2013 08:30
VERBIO Vereinigte BioEnergie AG / Key word(s): Change in Forecast 03.02.2014 16:40 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- VERBIO increases earnings forecast for 2013/2014 again after strong second quarter Zörbig/Leipzig, 3 February 2014 - According to preliminary financial figures as of 31 December 2013, VERBIO Vereinigte BioEnergie AG once again achieved considerable increase of EBITDA to 21.5 million Euro (1 HY 2012/2013: 7.0 million Euro) and EBIT to 10.5 million Euro (1 HY 2012/2013: -4.2 million Euro) of continuing operations. The Management Board currently expects, for financial year 2013/2014, EBITDA of between EUR 30 million to EUR 35 million and a positive EBIT in the range of EUR 3 million to EUR 8 million. Recently, the company assumed EBITDA of EUR 25 million and a largely balanced operating result. The main reason for the re-adjustment of the guidance is that the trend of demand has been ahead of previous expectations, leading to a significantly positive result in the second quarter of 2013/2014, as well. From October to December 2013, EBITDA of 11.3 million and EBIT of EUR 5.9 million were achieved from continuing operations. The increased forecast for the entire group is additionally based on a positive business outlook for the second half of 2013/2014. All the key figures will be published with the half-year-report of 2013/2014 as scheduled on 6 February 2014. Important notice This publication contains certain forward-looking statements concerning the VERBIO group of companies. The forward-looking statements contained herein represent the judgment of VERBIO as of the date of this release and involve risks and uncertainties. Should actual conditions differ from the Company's assumptions, actual results and actions may differ from those anticipated. VERBIO does not intend to update any of these forward-looking statements as far as the wording of the relevant ad hoc release is concerned. Contact: VERBIO Vereinigte BioEnergie AG Augustusplatz 9 04109 Leipzig Anna-Maria Schneider Investor Relations Phone: +49(0)341/308530-294 Fax: +49(0)341/308530-298 Email: ir@verbio.de/pr@verbio.de --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: Information about VERBIO Vereinigte BioEnergie AG (VERBIO) VERBIO is one of the leading independent producers and providers of biofuels and is at the same time the only large industrial producer of biodiesel, bioethanol and biomethane in Europe. The nominal capacity is at a rounded 450,000 tons biodiesel, 270,000 tons bioethanol and 480 gigawatt hours biomethane per year. In the production of its highly efficient fuels, the company uses energy-saving production processes and innovative technologies of own development. The biofuels of VERBIO achieve CO2 reductions of up to 90 percent compared to petrol or diesel. VERBIO delivers its products directly to the European mineral oil conglomerates, mineral oil trading companies, independent gas stations, freight forwarders, municipal utilities and vehicle fleets. In addition, VERBIO markets high-quality pharma glycerine for the consumer goods and cosmetics industry (glycerine is gained as a by-product in biodiesel production). Within the group, VERBIO Vereinigte BioEnergie AG acts as Management Holding. The operative business is exercised by the subsidiaries, VERBIO Diesel Bitterfeld GmbH & Co. KG, VERBIO Diesel Schwedt GmbH & Co. KG, VERBIO Ethanol Schwedt GmbH & Co. KG, VERBIO Ethanol Zörbig GmbH & Co. KG and Märka GmbH. The VERBIO stock (ISIN DE000A0JL9W6 / WKN A0JL9W) has been listed at the Prime Standard of the Frankfurt stock exchange since October 2006. 03.02.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: VERBIO Vereinigte BioEnergie AG Augustusplatz 9 04109 Leipzig Germany Phone: +49 (0)341 308530-0 Fax: +49 (0)341 308530-998 E-mail: ir@verbio.de Internet: www.verbio.de ISIN: DE000A0JL9W6 WKN: A0JL9W Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------