EnviTec Biogas AG raises earnings forecast for fiscal year 2021

Lohne, February 01, 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.