13.05.2015
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DGAP-News: BDI - BioEnergy International AG: Increase of the order backlog in the first quarter of 2015
DGAP-News: BDI - BioEnergy International AG / Key word(s): Quarter
Results
BDI - BioEnergy International AG: Increase of the order backlog in the
first quarter of 2015
13.05.2015 / 08:00
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BDI - BioEnergy International AG: Increase of the order backlog in the
first quarter of 2015
(Grambach, 13th May 2015): Despite difficult surrounding conditions in the
industry, BDI - BioEnergy International AG was able to increase the order
backlog and secure the medium-term utilization of the production
capacities.
BDI - BioEnergy International AG reports revenues of EUR 4.3 million in the
first quarter of 2015 (previous year: EUR 4.3 million) despite delays in
the realisation of major projects. The operating result (EBIT) amounted to
EUR -1.7 million in the reporting period (previous year: EUR -0.3 million).
Due to a positive financial result (incl. taxes) the profit for the period
reached EUR -0.8 million (previous year: EUR 0.3 million). The cash flow
from operating activities of EUR 3.5 million is based on advance payments
from customers.
High order backlog and promising research results
Compared to the first quarter of 2014 the order backlog was significantly
increased. The decisive factors for this are the new orders acquired in
Great Britain and Austria. The total order backlog at the end of March 2015
amounted to EUR 89.1 million (previous year: EUR 73.7 million). On-going
delays in the financing still hamper the timely implementation of the
BioDiesel project in Croatia. The major Dutch BioDiesel order still finds
itself in the authorisation phase - partial revenues are expected for the
financial year 2015.
In its research and development BDI was able to achieve promising results
in the production of valuable algae products in the BDI reactor system.
This technology was already successfully transferred into the pilot scale.
The trial operation is expected to be completed in 2015 and facilitate the
preparation for an industrialisation.
Stable basis for the future
With equity resources of EUR 47.1 million and an equity ratio of 64.5% BDI
is well equipped for the future. Therefore, the company works extensively
on the strategic development of its business operations. With successfully
proceeding research and development projects and due to potential
acquisitions of complementing technologies, BDI is confident to realize
sustainable success in the mid-term.
The interim report on the first quarter of 2015 is available for download
under the following link:
InterimManagementStatement_Q1_2015.pdf
About BDI - BioEnergy International AG
BDI - BioEnergy International AG is market and technology leader in the
construction of customised BioDiesel plants using the Multi-Feedstock
Technology the company has developed itself, which can manufacture
BioDiesel from different raw materials, such as Vegetable Oils, Used
Cooking Oils and Animal Fats.
BDI has specialised in the development of technologies that make optimum
use of resources in the industrial processing of by- and waste products
ever since it was established in 1996 and owns an extensive patent
portfolio that has resulted from its in-house research and development
activities. As a leading constructor of special plants, BDI also supplies
efficient plant concepts in the "from waste to value" field that are
designed to produce BioGas from industrial and municipal waste. The range
of services includes public authority, basic and detailed engineering,
installation and start-up as well as after-sales support.
BDI - BioEnergy International AG and the companies it consolidates
currently have 126 employees. The shares of BDI - BioEnergy International
AG (ISIN AT0000A02177) are listed in the General Standard Market at
Frankfurt Stock Exchange
Contact for further information:
MA Andreas Ehart (CFO) - Member of the Management Board
BDI - BioEnergy International AG
Parkring 18
A-8074 Grambach/Graz, Austria
Tel: +43 / 316 / 4009 - 100
Fax: +43 / 316 / 4009 - 110
www.bdi-bioenergy.com
[email protected]
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13.05.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
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Language: English
Company: BDI - BioEnergy International AG
Parkring 18
A-8074 Grambach/Graz
Austria
Phone: +43 - 316 - 4009-100
Fax: +43 - 316 - 4009-110
E-mail: [email protected]
Internet: www.bdi-bioenergy.com
ISIN: AT0000A02177
WKN: A0LAXT
Listed: Regulated Market in Frankfurt (General Standard);
Regulated Unofficial Market in Berlin, Dusseldorf, Munich,
Stuttgart
End of News DGAP News-Service
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