DGAP-Adhoc: EnviTec Biogas AG: Increase in total output and earnings expected for fiscal year 2020
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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
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: 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: [email protected]
07-Jul-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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| Language: |
English |
| Company: |
EnviTec Biogas AG |
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Industriering 10a |
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49393 Lohne |
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Germany |
| Phone: |
+49 (0) 44 42 - 80 65 0 |
| Fax: |
+49 (0) 44 42 - 80 65 103 |
| E-mail: |
[email protected] |
| 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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| End of Announcement |
DGAP News Service |
1087773 07-Jul-2020 CET/CEST
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EnviTec Biogas AG DE000A0MVLS8