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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
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


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: [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

 
End of Announcement DGAP News Service

1087773  07-Jul-2020 CET/CEST

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Envitec Biogas Stock

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