DGAP-Adhoc: CropEnergies Increases Forecast After Strong 1st Half

CropEnergies AG  / Key word(s): Half Year Results/Change in Forecast

20.09.2010 10:41 

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
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The issuer is solely responsible for the content of this announcement.

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CropEnergies Increases Forecast After Strong 1st Half 

Mannheim, 20 September 2010 - CropEnergies AG, Mannheim, increased its
revenues in the 1st half of the current 2010/11 financial year (1 March -
31 August 2010) considerably by 16.5 percent compared to the previous year
to EUR 215 (previous year: 184) million. At the same time, the operating
result reached EUR 17 (previous year: -1) million. Decisive for the
increase in revenues as well as for the above average rise in results is
the production in Wanze (Belgium) which now runs in normal operating mode.
This raised sales volumes of bioethanol and the high-quality protein
co-products.

For the full financial year 2010/11, CropEnergies increases the outlook for
revenues and profit. The revenues are expected to exceed EUR 420 million.
The operating profit will rise above the EUR 30 million mark.

The complete report for the 1st half of the financial year 2010/11 will be
published on 13 October 2010.


Contact:
Tobias Erfurth
Investor Relations
Tel.: +49 (621) 71 41 90-30
Fax: +49 (621) 71 41 90-03
ir@cropenergies.de

Nadine Dejung
Public Relations / Marketing
Tel.: +49 (621) 71 41 90-65
Fax: +49 (621) 71 41 90-04
presse@cropenergies.de 




20.09.2010 10:41 DGAP's Distribution Services include Regulatory Announcements, 
Financial/Corporate News and Press Releases. 
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Language:     English
Company:      CropEnergies AG
              Gottlieb-Daimler-Str. 12
              68165 Mannheim
              Deutschland
Phone:        +49 (0)621-71 41 90 00
Fax:          +49 (0)621-71 41 90 04
E-mail:       info@cropenergies.de
Internet:     www.cropenergies.de
ISIN:         DE000A0LAUP1
WKN:          A0LAUP
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Hamburg, München, Berlin, Düsseldorf, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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