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.