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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: GlobalData
Provider: GlobalData

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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. 

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