Key Developments: Verbio Vereinigte Bioenergie AG (VBKG.DE)

VBKG.DE on Xetra

1.84EUR
11 Jul 2014
Price Change (% chg)

€0.02 (+1.05%)
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€1.82
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Latest Key Developments (Source: Significant Developments)

VERBIO Vereinigte BioEnergie AG increases again its earnings forecast for FY 2013/2014 in line with analysts' estimates
Monday, 5 May 2014 11:39am EDT 

VERBIO Vereinigte BioEnergie AG:For 2013/2014 the board expects EBITDA of between 36 million euros and 40 million euros and EBIT between 10 million euros and 14 million euros; Thsomson Reuters I/B/E/S EBITDA of 33 million euros and EBIT of 5 million euros for 2013/2014.  Full Article

VERBIO Vereinigte BioEnergie AG increases earnings forecast for 2013/2014 above analysts' estimates
Monday, 3 Feb 2014 10:40am EST 

VERBIO Vereinigte BioEnergie AG:Says it has achieved considerable increase of EBITDA to 21.5 million euro and EBIT to 10.5 million euro of continuing operations.Expects FY 2013/2014 EBITDA of between 30 million euro to 35 million euro and a positive EBIT in the range of 3 million euro to 8 million euro.Says from Oct. to Dec. 2013, EBITDA of 11.3 million and EBIT of 5.9 million euro were achieved from continuing operations.Says the increased forecast for the entire group is additionally based on a positive business outlook for the second half of 2013/2014.FY 2013/2014 EBITA 16.45 million and EBIT -6.50 million – Thomson Reuters I/B/E/S/ Estimates.  Full Article

VERBIO Vereinigte BioEnergie AG Raises Its FY 2013/2014 Guidance Higher Than Analysts' Estimates
Monday, 4 Nov 2013 01:14pm EST 

VERBIO Vereinigte BioEnergie AG announced that it expects an increase the earnings guidance for financial year 2013/2014. From the current perspective, EBITDA is expected to be in the order of EUR 25.0 million (up from previously EUR 17 million) and the operating result (EBIT) to be largely balanced (up from previously EUR -5.0 million) for financial year 2013/2014. According to I/B/E/S Estimates, analysts on average are expecting te Company to report for the fiscal year 2013/2014 EBITDA of EUR 16.45 million and EBIT of EUR -6.50 million.  Full Article

VERBIO Vereinigte BioEnergie AG Updates on Marka GmbH Sales Process
Wednesday, 25 Sep 2013 01:30am EDT 

VERBIO Vereinigte BioEnergie AG announced that the Board of the Company with approval of the Supervisory Board has decided to sell Marka GmbH. The aim of the sale is to be able to react quicker and in a more flexible manner to market changes especially with regard to the acquisition of raw materials. Marka ceased its own trading activities and warehouse sites. In total 21 of the 42 Marka locations in total were successfully sold off. By the middle of 2014 the sales process is expected to be finalized.  Full Article

VERBIO Vereinigte BioEnergie AG Issues FY 2013/2014 Turnover, EBITDA And EBIT Guidance Below Analysts' Estimates
Wednesday, 25 Sep 2013 01:30am EDT 

VERBIO Vereinigte BioEnergie AG announced that for financial year 2013/2014 it expects to achieve a turnover of between EUR 600 and 700 million with an EBITDA of EUR 17 million. Operating results (EBIT) will be at approximately EUR -5.0 million, with a considerable positive cash flow being generated from operating activities. According to I/B/E/S Estimates analysts on average expect the Company to report for 2013/2014 turnover of EUR 624.75 million, EBITDA of EUR 24.10 million and EBIT of EUR 1.45 million.  Full Article

VERBIO Vereinigte BioEnergie AG's Subsidiary Maerka GmbH Sells Three Locations to Two Subsidiaries of Getreide AG
Wednesday, 24 Jul 2013 02:30am EDT 

VERBIO Vereinigte BioEnergie AG announced that its subsidiary Maerka GmbH has sold off three additional locations (two seed facilities and a grain storage facility in Angermuende and Jueterbog) to two subsidiaries of Getreide AG. The Riesa, Genthin and Tucheim locations were sold to two agricultural traders. In addition to acquiring land, real estate and assets, the purchasers are going to take over all the 27 people employed at the sites concerned. Sale proceeds are in the single-digit million euro range.  Full Article

VERBIO Vereinigte BioEnergie AG Withdraws FY 2012/2013 Guidance
Thursday, 8 Nov 2012 03:04am EST 

VERBIO Vereinigte BioEnergie AG announced that there is no statement on the part of the politics, how it shall be secured, that no subsidised biofuels are penetrating in a competition distortive way the German market and that the German biofuel targets are only fulfilled by sustainably produced biofuels. An evasion of the German Biofuels Sustainability Directive must become impossible. Due to this uncertain framework the Management Board of the Company withdraws the targets for the fiscal year 2012/2013 given in the previous fiscal year. As soon as more transparency is given to the further development the Management Board will disclose a new reliable outlook.  Full Article

VERBIO Vereinigte BioEnergie AG Updates on FY 2012/2013 Revenue, EBIT and EBITDA Guidance
Tuesday, 25 Sep 2012 01:31am EDT 

VERBIO Vereinigte BioEnergie AG announced that for the fiscal year 2012/2013 it predicts sales revenue to be in the range of between EUR 750 million and EUR 850 million, EBITDA to be between EUR 40 million and EUR 45 million, and EBIT to amount between EUR 15 million and EUR 20 million. According to I/B/E/S Estimates, analysts on average are expecting the Company to report fiscal year 2012/2013 revenue of EUR 788.90 million, EBIT of EUR 16.10 million and EBITDA of EUR 41.40 million.  Full Article

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