DGAP-Adhoc: EnviTec Biogas AG raises earnings forecast for fiscal year 2021

DGAP-Ad-hoc: EnviTec Biogas AG / Key word(s): Change in Forecast
EnviTec Biogas AG raises earnings forecast for fiscal year 2021

01-Feb-2022 / 13:37 CET/CEST
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EnviTec Biogas AG raises earnings forecast for fiscal year 2021

Lohne, February 1, 2022 - EnviTec Biogas AG (ISIN: DE000A0MVLS8) is adjusting its earnings forecast and now expects earnings before taxes (EBT) for the past fiscal year 2021 in the range of EUR 20 to 22 million. Until now, EnviTec's management had forecast EBT in the range of EUR 17 to 19 million. The Executive Board continues to expect a slight increase in the Group's total output. The reason for the increase in the earnings forecast is the better than expected operating performance in the Plant Construction segment as well as in the Own Plant Operation segment.

Contact:

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

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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: 1275298
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1275298 01-Feb-2022 CET/CEST