DGAP-News: Biogas Nord AG / Key word(s): Bond Biogas Nord AG intends to issue a corporate bond 07.05.2012 / 16:51 --------------------------------------------------------------------- Bielefeld, 07 May 2012: Biogas Nord AG (WKN / ISIN: A0HHE2 / DE000A0HHE20), the leading provider of turnkey biogas plants, intends to boost its national and international growth by issuing corporate bearer bonds. The net proceeds will be used primarily for capital investments in biogas projects of Biogas Nord Power AG, a 100% subsidiary of Biogas Nord AG. The loan terms will be announced shortly. Asnat Drouianov, CEO of Biogas Nord Power AG, commented: 'We see a very close synergy between our global expansion and our investment in self-owned biogas plants. The stable future cashflow from our self-owned biogas plants will moderate the fluctuations inherent in the business of constructing biogas plants. We have developed a strict set of criteria for such investments, which we see as a great opportunity to increase profits for our shareholders.' Based on the unaudited, preliminary figures for 2011, the Biogas Nord Group, driven by strong sales, achieved a record growth (45.95%) turnover of EUR 78.9M, in comparison with the previous year's figure of EUR 54M. There was an even higher increase (77%) in EBITDA from EUR 2.1 million in 2010 to EUR 3.7 million in 2011. Earnings before Tax rose by 123% from EUR 1.3M in 2010 to EUR 2.9M in 2011. Earnings per share doubled to EUR 0.51. The consolidated net profit for 2011 after provision for minority interests is estimated at EUR 2.0 million, thus surpassing the previous year's profit of EUR 1.0 million by 104.0% (EUR 1.0 million). The cash flow from operating activities at the end of 2011 amounted to EUR 2.7 million, compared to EUR 0.2 million during the same period in the previous year. With total assets amounting to EUR 36.3 million, the equity ratio on the 31st of December 2011 was 17.5%. 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. If you have any questions please contact: Company contact: BIOGAS NORD AG Werningshof 2-4 D-33719 Bielefeld Tel. +49 (0)521 - 96 33 - 0 info@biogas-nord.de www.biogas-nord.com Investor Relations contact: GFEI mbH Hamburger Allee 26-28 D-60486 Frankfurt Tel. +49 (0)69 - 74 30 37 - 00 biogasnord@gfei.de www.gfei.de 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. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 168424 07.05.2012
DGAP-News: Biogas Nord AG intends to issue a corporate bond
| Source: EQS Group AG