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.
About EnviTec Biogas AG
EnviTec Biogas AG covers the entire value chain for the production of biogas, including the planning and turnkey construction of biogas plants and biogas upgrading plants as well as their commissioning. The company takes charge of biological and technical services on demand, and also offers operational management services. EnviTec operates 75 of its own plants, making it one of the largest biogas producers in Germany. EnviTec’s business interests also include the direct marketing of upgraded biomethane as well as the marketing of electricity and balancing energy. The company is represented in 16 countries worldwide by its own companies, sales offices, strategic partners and joint ventures. In 2020, the EnviTec Group generated revenue of EUR 192.3 million and EBIT of EUR 17.2 million. The Group employs over 500 people worldwide. EnviTec Biogas AG has been listed on the Frankfurt Stock Exchange since July 2007.
