DGAP-Adhoc: CropEnergies Increases Outlook After Strong 1st Quarter

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

22.06.2011 08:43

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

Mannheim, 22 June 2011 - CropEnergies AG, Mannheim, started into the
financial year 2011/12 (1 March 2011 - 29 February 2012) with a strong 1st
quarter. Revenues increased by 41 percent to EUR 132.1 (previous year:
93.5) million compared to the previous year. At the same time, operating
profit was improved to EUR 15.3 (previous year: 2.4) million. The main
reason for the increase in revenues and profits was the higher utilisation
of the production plants. In the 1st quarter of the previous financial
year, there had been extensive maintenance and revision phases at the
plants in Zeitz and Wanze.

After the good start into the financial year, CropEnergies takes the
opportunity to increase the outlook for the full financial year 2011/12 and
now expects revenues to rise to EUR 520 to 570 (previous year: 473)
million. The operating margin is expected to approximately reach the
previous year's level of ca. 10 percent.

The report for the 1st quarter 2011/12 will be published on 12 July 2011 on
www.cropenergies.com.

CropEnergies AG

CropEnergies - a member of the Südzucker Group - is a leading European
manufacturer of sustainably produced bioethanol for the fuel industry, with
an annual output of over 700,000 cubic meters of bioethanol. 'Crop' stands
for 'creative regeneration of power': Energy in the form of bioethanol is
produced from renewable resources - grain and sugar beets. CropEnergies
also refines the co-products of bioethanol production into over 500,000
tonnes of high-quality food and animal feed.

CropEnergies sees itself as a pioneer in the German bioethanol market and
is expanding its market position throughout Europe. With three modern
production sites and two tank storage facilities, CropEnergies has an
efficient production and sales network in the European growth market for
renewable energies. The shares of CropEnergies AG (ISIN DE000A0LAUP1) are
listed in the regulated market (Prime Standard) on the Frankfurt Stock
Exchange.


Contact:
Heike Bosserhoff
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 




22.06.2011 DGAP's Distribution Services include Regulatory Announcements, 
Financial/Corporate News and Press Releases. 
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------------
 
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 Berlin, Düsseldorf, Hamburg, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
---------------------------------------------------------------------------