Ad-hoc | 18 December 2006 08:47
VERBIO Vereinigte BioEnergie AG / Miscellaneous
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.
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Hamburg/Zörbig, December 18, 2006 ? VERBIO Vereinigte BioEnergie AG plans
to build a bioethanol facility in the seaport of Rostock in 2007. The
company intends to construct a plant with an annual capacity of 200,000
tons of ethanol. The total investment sum is expected to be around EUR 100
million. Production launch is scheduled for the 4th quarter of 2008. As
with each of the company?s existing ethanol plants, the new facility will
be able to process all common crop types. The required crop quantities
(approx. 680,000 tons/year) can be sourced either in the direct vicinity of
the plant or received by ship or rail. Rostock is an ideal location with
regard to transporting ethanol within Germany, as well as exporting it to
northern Europe.
For the fiscal year 2006, the company expects consolidated Group revenues
of around EUR 450 million with an EBIT margin of about 11% to 12%. Before
special items (depreciation of intangible assets, IPO costs and structural
costs for establishing the AG), the EBIT margin is expected to be between
12% to 13%.
Contact
VERBIO Vereinigte BioEnergie AG
Alexandra Mühr
Tel.: (+49) 34956 / 303 985
Fax: (+49) 34956 / 303 99
E-mail: ir@verbio.de
Information on VERBIO Vereinigte BioEnergie AG
The VERBIO Group is one of the leading producers and suppliers of biofuels
and also the only industrial-scale producer of biodiesel and bioethanol in
Europe. Nominal capacity currently amounts to around 400,000 tons of
biodiesel and 300,000 tons of bioethanol per year. The company has
developed its own processes and innovative technologies for the production
of biodiesel and bioethanol. It supplies its products directly to European
mineral oil corporations, mineral oil traders, independent gas stations and
haulage companies. VERBIO AG also markets high-quality pharmaglycerin for
the consumer goods and cosmetic industries (glycerin is a by-product of
biodiesel production). Within the Group, VERBIO AG acts as the manage-ment
holding company. The Group?s operating business is run by its
subsidiaries: MUW Mitteldeutsche Umesterungswerke, NUW Nordbrandenburger
Umesterungswerke, MBE Mitteldeutsche BioEnergie, NBE Nordbrandenburger
BioEnergie and SBE Swiss BioEnergy. In the first nine months of 2006, the
company generated sales of EUR 325.7 million with some 300 employees. EBIT
amounted to EUR 38.9 million.
Important Note
This Ad hoc announcement contains forward-looking information, which is
based on assumptions and estimates of the company management of VERBIO
Vereinigte BioEnergie AG. Even though company management believes that
these assumptions and estimates are correct, the actual future development
and actual future results can deviate substantially from these assumptions
and estimates due to many factors. For example, these factors can include
alteration of the economic situation, legal and regulatory constraints in
Germany and the EU, and changes in the industry. VERBIO assumes no
liability and provides no warranty that future developments and actual
future results will agree with the assumptions and estimates expressed in
this interim report.
DGAP 18.12.2006
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Language: English
Issuer: VERBIO Vereinigte BioEnergie AG
Thura Mark 18
06780 Zörbig Deutschland
Phone: +49 (0)34956-303 90
Fax: +49 (0)34956-303 99
E-mail: pr@verbio.de
WWW: www.verbio.de
ISIN: DE000A0JL9W6
WKN: A0JL9W
Indices:
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
Berlin-Bremen, Stuttgart, Düsseldorf, München
End of News DGAP News-Service
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