DGAP-Adhoc: VERBIO increased revenues by nearly 260 million

VERBIO Vereinigte BioEnergie AG / Miscellaneous

23.03.2009 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Leipzig, 23 March 2009 - In the financial year 2008 VERBIO achieved
consolidated revenues in the amount of EUR 666.6 million (2007: EUR 408.0
million). Due to demand and price effects, revenues were 63.4 percent or
EUR 258.6 million over the prior year's amount. Although the increased
taxation of pure biodiesel (B100) in 2008 from 9 cents per liter to 15
cents per liter put heavy pressure on the biodiesel market, demand for bio
fuels in total remained stable, so VERBIO was able to profit from the
increased sales prices and relatively stable raw material prices.

The consolidated operating result amounts to EUR 13.9 million (prior year:
EUR -257.5 million). The result before income taxes (EBT) amounts to EUR
11.2 million (2007: EUR -259.7 million); the result after taxes is EUR 9.1
million (2007: -246.4 million). This results in earnings per share (diluted
and undiluted) of EUR 0.15 (2007: EUR -3.91 per share). In prior year
consolidated operating result was negatively affected by one-time non-cash
write downs of EUR 257.0 million.

Outlook
The Management Board expects a sustainable and significant improvement of
the situation in the biofuel industry and the business of VERBIO taking
effects of the Sustainability Ordinance from the year 2011. This is
particularly because VERBIO is regarding to the requested greenhouse gas
reduction standards already today well prepared.

The first quarter of 2009 is on both fundamental segments characterized by
a strong fall in demand and extensive price pressure. For this reason an
authoritative forecast for the fiscal year 2009 according to revenues and
result is presently not possible.

Contact:
VERBIO Vereinigte BioEnergie AG
Augustusplatz 9
04109 Leipzig

Anna-Maria Schneider
Investor Relations
Tel: +49(0)341/30853094
Fax: +49(0)341/30853098
E-Mail: ir@verbio.de 

Sandra Haacker
Public Relations
Tel: +49(0)341/30853063
Fax: +49(0)341/30853099
E-Mail: pr@verbio.de 


Information on VERBIO Vereinigte BioEnergie AG
The VERBIO Group is one of the leading producers and suppliers of biofuels
and also the only industrial-scale producer of biodiesel and bioethanol in
Europe. Nominal capacity currently amounts to around 450,000 tons of
biodiesel and 300,000 tons of bioethanol per year. The company has
developed its own processes and innovative technologies for the production
of biodiesel and bioethanol. It supplies its products directly to European
mineral oil corporations, mineral oil traders, independent gas stations and
haulage companies. VERBIO AG also markets high-quality pharmaglycerin for
the consumer goods and cosmetic industries (glycerin is a by-product of
biodiesel production). Within the Group, VERBIO AG acts as the management
holding company. The Group's operating business is run by its subsidiaries:
VERBIO Diesel Bitterfeld GmbH & Co. KG, VERBIO Diesel Schwedt GmbH & Co.
KG, VERBIO Ethanol Zörbig GmbH & Co. KG and VERBIO Ethanol Schwedt GmbH &
Co. KG.

Important Note
This ad hoc announcement contains forward-looking statements, which are
based on assumptions and estimates of the company management of VERBIO
Vereinigte BioEnergie AG. Even though the company management believes that
these assumptions and estimates are correct, the actual future development
and actual future results can deviate substantially from these assumptions
and estimates due to many factors. For example, these factors can include
alteration of the economic situation, legal and regulatory constraints in
Germany and the EU, and changes in the industry. VERBIO assumes no
liability and provides no warranty that future developments and actual
future results will agree with the assumptions and estimates expressed in
this ad hoc announcement.
DGAP 23.03.2009 
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Language:     English
Issuer:       VERBIO Vereinigte BioEnergie AG
              Augustusplatz 9
              04109 Leipzig
              Deutschland
Phone:        +49 (0)341 30 85 30 90
Fax:          +49 (0)341 30 85 30 98
E-mail:       ir@verbio.de
Internet:     www.verbio.de
ISIN:         DE000A0JL9W6
WKN:          A0JL9W
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Stuttgart, Düsseldorf, München
End of News                                     DGAP News-Service
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DGAP-Adhoc: VERBIO increased revenues by nearly 260 million Euros and generated a positive result in 2008. Authoritative forecast for fiscal year 2009 presently not possible.
