DGAP-News: Biogas Nord AG / Key word(s): Final Results Biogas Nord AG: Preliminary figures: 2011- another record year 07.05.2012 / 08:39 --------------------------------------------------------------------- * Total revenues increased by 45.95% to EUR 78.9M * EBITDA rose by 77% to EUR 3.7M * EBT increased by 123% to EUR 2.9M * Earnings per share doubled to EUR 0.51 * Focus on a global approach and advanced technology Bielefeld, May 7th 2012. The leading provider of biogas technology, Biogas Nord AG, has announced today strong preliminary financial results. Based on those preliminary figures, in 2011 the group has achieved a record growth of 45.95% with a turnover of EUR 78.9M, in comparison with the previous year's figure of EUR 54M, driven by continued strong sales. There has been an even higher rise in EBITDA from EUR 2.1 million in 2010 to EUR 3.7 million in 2011- an increase of 77%. Earnings before Tax rose by 123% to EUR 2.9M from EUR 1.3M in 2010. Earnings per share have doubled to EUR 0.51. Alexander Rechter, CEO of the group, commented, 'We have delivered what we set out to achieve, and we evidence a rapid organic growth and a vindication of our strategy. Our sales pipeline remains strong, and our record performance demonstrates the strength of our technology and the validity of our business model. We are optimistic about the future of Biogas Nord AG as we set new records and continue to meet our strategy of investing in self owned biogas plants and the continuation of our global expansion'. The momentum in self owned biogas plants, together with the expansion of global presence, supported by an innovative and rapid development of its technology position the group to achieve its aggressive targets. The group is expected to continue to raise its ongoing earnings-per-share, reflecting another year of expected strong performance. The consolidated financial statement for 2011 shall be published at the second half of May 2012. About BIOGAS NORD Biogas Nord is a global company building turn-key biogas plants all over the world. Established in the year 2000 and headquartered in Bielefeld, Germany, Biogas Nord has constructed to date more than 350 biogas plants worldwide, in Germany, Belgium, the Czech Republic, the Netherlands , the USA, Italy, the UK, Belarus, Ireland, Thailand, Cuba, Romania and Latvia. The company provides solutions in all areas of biogas technology starting with concept development, operation and feasibility analysis, detailed design and planning, provision of approvals and licenses, construction and commissioning, and finally operation, management, and service and maintenance. Biogas Nord's sophisticated plant technology has proven itself throughout the years as durable, flexible and reliable. Its concepts are always adapted to local conditions and coupled with optimised use of efficient, high-grade components. Optimal operating results are achieved by a fermentation technology designed for flexible substrate selection combined with low operating costs and a high gas yield. Further efficiency increases for each plant are achieved through the integration of a heat recovery system. Biogas Nord is a public company, traded on the Frankfurt Stock Exchange since November 2006. It is operating in Germany through its subsidiary Biogas Nord Anlagenbau GmbH, in Spain through Biogas Nord España S.L., in Italy through Biogas Nord Italia S.R.L., in Poland through Biogas Nord Polska Sp. z o. o., in France through Biogas Nord SAS, and in the UK through Biogas Nord UK Ltd. and in Korea through Biogas Nord Korea Ltd. If you have any questions please contact: BIOGAS NORD AG Werningshof 2-4 D-33719 Bielefeld Fon +49 (0)521 - 96 33 - 0 info@biogas.de www.biogas.de GFEI Aktiengesellschaft Am Hauptbahnhof 6 D-60329 Frankfurt Tel. +49 (0)69 - 74 30 37 - 00 biogasnord@gfei.de www.gfei.de Disclaimer: This Corporate News is intended solely for informational purposes and does not constitute a solicitation to buy, hold or sell securities. This Corporate News may contain forward-looking statements. Forward-looking statements are statements that are not historical facts. They include statements about our beliefs and expectations. These statements relate to the current plans, estimates and forecasts currently available to the BIOGAS NORD AG management. Forward-looking statements therefore only apply on the day they were made. By their nature, forward-looking statements harbor risks and possible uncertainties. Various known and unknown risks, uncertainties and other factors could mean that the actual results, the financial situation, the development or the performance of the company greatly differs from the estimations published here. These factors include those described by BIOGAS NORD AG in its published reports. These reports are available on the BIOGAS NORD website at www.biogas-nord.com. We assume no liability whatsoever to update these forward-looking statements or to adjusted them in line with future events or developments. End of Corporate News --------------------------------------------------------------------- 07.05.2012 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 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DGAP-News: Biogas Nord AG: Preliminary figures: 2011- another record year
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