EnviTec Biogas stays on growth path in FY 2020
DGAP-News: EnviTec Biogas AG
/ Key word(s): Annual Report/Forecast
17.05.2021 / 13:10
EnviTec Biogas stays on growth path in FY 2020
Total output climbs 12.1% to EUR 227.0 million; revenues decline 10.0% to EUR 192.3 million due to a lower number of finally invoiced projects;
Further increase in EBITDA to EUR 32.1 million (2019: EUR 30.2 million); EBT of EUR 17.2 million
Dividend of EUR 1.00 per share proposed for FY 2020
Forecast: Slightly increasing total output (or revenues); EBT in a range of EUR 17-19 million
Lohne, May 17, 2021 - 2020 was an extremely successful financial year for EnviTec Biogas AG (ISIN: DE000A0MVLS8). While the Own Plant Operation and Service segments performed well, this success is mainly attributable to the dynamic business situation in the Plant Construction segment.