09.05.2019 VERBIO Vereinigte BioEnergie AG  DE000A0JL9W6

DGAP-News: VERBIO Vereinigte BioEnergie AG: VERBIO increases EBITDA in the first nine months of the financial year 2018/2019 by 143 percent compared to the previous year


 

DGAP-News: VERBIO Vereinigte BioEnergie AG / Key word(s): 9 Month figures
VERBIO Vereinigte BioEnergie AG: VERBIO increases EBITDA in the first nine months of the financial year 2018/2019 by 143 percent compared to the previous year

09.05.2019 / 08:00
The issuer is solely responsible for the content of this announcement.


VERBIO AG: VERBIO increases EBITDA in the first nine months of the financial year 2018/2019 by 143 percent compared to the previous year

- Production volumes of biodiesel and biomethane increased again

- Construction of the first biomethane plants in the USA and in India started

Leipzig, May 9, 2019 - VERBIO Vereinigte BioEnergie AG reports a significant increase in profits for the first nine months of the current financial year compared to the same period in the previous year.

The positive trend in the Group's results is primarily due to the comparatively above average good margins in biodiesel in the third quarter of 2018/2019. Earnings before interest, taxation, depreciation and amortisation (EBITDA) for the nine-month period amounted to EUR 84.4 million, 143 percent ahead of the comparative period in the previous year (9 M 2017/2018: EUR 34.7 million). The Group result before interest and taxation (EBIT) totalled EUR 68.5 million (9 M 2017/2018: EUR 18.0 million). The Group result before taxation (EBT) totalled EUR 68.4 million (9 M 2017/2018: EUR 17.9 million), and the net result for the period was EUR 49.7 million (9 M 2017/2018: EUR 12.2 million). Based on the result for the period, earnings per share amount to EUR 0.79 (9 M 2017/2018: EUR 0.19).

VERBIO produced 540,367 tonnes of biodiesel and bioethanol in the first nine months of the 2018/2019 financial year, compared to 544,949 tonnes in the comparative period in the previous year. This now represents a capacity utilisation rate of 99 percent. In addition, 515,390 MWh of biomethane were produced in the first nine months of the financial year 2018/2019 (9 M 2017/2018: 464,422 MWh).

Development of the Biodiesel and Bioethanol segments
The results trends in biodiesel in the first nine months of the current financial year were driven by high margins accompanied by record production levels. The margins for bioethanol increased significantly in the reporting quarter with production volumes slightly lower. The production volume of biodiesel and bioethanol in the period from July 1, 2018 to March 31, 2019 totalled 540,367 tonnes, compared with 544,949 tonnes in the same period in the previous year. In addition, 515.4 GWh of biomethane were produced in the first nine months of the financial year 2018/2019 (9 M 2017/2018: 464.4 GWh), an increase of 11 percent compared with the same period in the previous year.

Construction of a biomethane plant in India and a further plant in the USA has started. VERBIO will commence production in the third phase of the sterol production capacity expansion at its Bitterfeld location mid-2019, making it one of the world's largest sterol producers.

Earnings forecast for the financial year raised
VERBIO issued an amended earnings forecast for the financial year 2018/2019 in an ad hoc announcement made on April 2, 2019. Accordingly, EBITDA is expected to be around EUR 95 million and the net cash balance at the end of the financial year is expected to fall to around EUR 75 million. Previously the Group had expected an EBITDA of around EUR 80 million and net cash of EUR 90 million.

Detailed information on business developments in the first nine months of the 2018/2019 financial year are provided in the quarterly interim statement for the period ended March 31, 2019. The report can be viewed from 9 a.m. on VERBIO's website at www.verbio.de.

Information about VERBIO Vereinigte BioEnergie AG (VERBIO)
VERBIO is one of the leading independent producers and suppliers of biofuels, and is also the only large-scale producer of biodiesel, bioethanol and biomethane in Europe. The Group's annual production capacity amounts to approximately 470,000 tonnes of biodiesel, 260,000 tonnes of bioethanol and 600 gigawatt hours of biomethane. The Company produces its highly efficient fuels using internally developed, energy efficient production processes and innovative technologies. VERBIO's biofuels achieve CO2 reductions of up to 90 percent compared to petrol or diesel. VERBIO delivers its products directly to European oil companies, oil trading companies, independent filling 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 manufactured as a by-product in the biodiesel production process). Within the Group, VERBIO Vereinigte BioEnergie AG acts as a management holding company. The operative business is conducted by the subsidiaries VERBIO Diesel Bitterfeld GmbH, VERBIO Diesel Schwedt GmbH, VERBIO Ethanol Schwedt GmbH & Co. KG, VERBIO Ethanol Zörbig GmbH & Co. KG and VERBIO Agrar GmbH. The VERBIO share (ISIN DE000A0JL9W6/WKN A0JL9W) has been listed in the prime standard segment of the Frankfurt Stock Exchange since October 2006.

Important notice
This publication contains forward-looking statements which are based on assumptions and estimates made by the management of VERBIO Vereinigte BioEnergie AG. Although the Company's management is of the opinion that these assumptions and estimations are realistic, actual future developments and actual future results may differ significantly from these assumptions and estimates due to a variety of factors. For example, these factors can include changes to the overall economic climate, changes to the legal and regulatory framework in Germany and the EU, and changes in the industry. VERBIO can give no guarantee and accepts no liability as to whether future development and the results actually achieved in future will match the assumptions and estimates made in this publication.

 

Contact:
VERBIO Vereinigte BioEnergie AG
Ritterstraße 23 (Oelßner's Hof)
04109 Leipzig

Olaf Tröber (IR)
Ulrike Kurze (PR)
Phone: +49(0)341/308530-251
Fax: +49(0)341/308530-998
Email: [email protected]/[email protected]


09.05.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: VERBIO Vereinigte BioEnergie AG
Ritterstraße 23 (Oelßners Hof)
04109 Leipzig
Germany
Phone: +49 (0)341 308530-0
Fax: +49 (0)341 308530-998
E-mail: [email protected]
Internet: www.verbio.de
ISIN: DE000A0JL9W6
WKN: A0JL9W
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 808595

 
End of News DGAP News Service

808595  09.05.2019 

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Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 726,44 685,90 779,32 872,40 1.026,04 1.095,00 0,00
EBITDA1,2 92,36 44,80 95,13 122,15 166,32 500,00 0,00
EBITDA-Marge3 12,71 6,53 12,21 14,00 16,21 45,66 0,00
EBIT1,4 70,69 22,41 73,69 91,93 136,63 270,00 0,00
EBIT-Marge5 9,73 3,27 9,46 10,54 13,32 24,66 0,00
Jahresüberschuss1 51,78 15,10 51,70 63,79 93,55 185,00 0,00
Netto-Marge6 7,13 2,20 6,63 7,31 9,12 16,90 0,00
Cashflow1,7 75,02 11,08 44,33 71,68 117,18 190,00 0,00
Ergebnis je Aktie8 0,82 0,24 0,84 1,01 1,47 2,90 2,00
Dividende8 0,20 0,20 0,20 0,20 0,20 0,25 0,25
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: KPMG

INVESTOR-INFORMATIONEN
©boersengefluester.de
Verbio
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A0JL9W 69,500 Halten 4.406,15
KGV 2023e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
33,10 17,04 1,94 98,44
KBV KCV KUV EV/EBITDA
8,36 37,60 4,29 26,11
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
Hauptversammlung
0,20 0,25 0,36 04.02.2022
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
11.11.2021 10.02.2022 12.05.2022 27.09.2022
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
37,35% 15,05% 15,26% 36,54%
    
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Biokraftstoffe , A0JL9W , VBK , XETR:VBK