DGAP-Adhoc: EnviTec Biogas AG: Increase in total output and earnings expected for fiscal year 2020

DGAP-Ad-hoc: EnviTec Biogas AG / Key word(s): Change in Forecast
EnviTec Biogas AG: Increase in total output and earnings expected for fiscal year 2020

07-Jul-2020 / 12:07 CET/CEST
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EnviTec Biogas AG: Increase in total output and earnings expected for fiscal year 2020

Lohne, July 7, 2020 - EnviTec Biogas AG (ISIN: DE000A0MVLS8, WKN: A0MVLS) now expects to further increase its total output and earnings before taxes (EBT) in fiscal year 2020 compared to the previous year. In the 2019 fiscal year, a total output of EUR 203 million and EBT of EUR 10.3 million were achieved.

Until now, the Management Board had forecasted total output and EBT to be at the same level as the previous year. On the basis of the forecast approved today, the Management Board now expects a moderate increase in total output and EBT of at least EUR 12.5 million in the 2020 fiscal year.
 

Contact:

Katrin Hackfort
EnviTec Biogas AG
Phone: +49 25 74 88 88 - 810
Email: k.hackfort@envitec-biogas.de

07-Jul-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: 1087773
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1087773  07-Jul-2020 CET/CEST