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Provider: Reuters Investment Profile
Provider: GlobalData
Provider: GlobalData
Provider: Directors Deals Ltd.

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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. 

Company Quote

0.024 +1.41%
15 Aug 2014