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EnviTec Biogas: Operational situation stabilises in Q2

Lohne

Against this background, the operational situation of EnviTec Biogas stabilised in the second quarter. While sales revenues were down by 18.5% on the previous year to EUR 35.3 million, they exceeded the revenues generated in the first three months of 2013 by 5.4%. At EUR 16.1 million, the Own Plant Operation segment again made the biggest contribution. The 75.0% increase on Q2 2012 is attributable to the strong expansion of production capacity to 52 Megawatts (MW) in the previous year.

Intake increases As had been expected, sales revenues in the Plant Construction segment were much lower than in the previous year; they declined from EUR 28.4 million to EUR 10.4 million. Sales revenues in the Service segment, which provides services related to the operation of biogas plants, increased from EUR 4.4 million to EUR 4.9 million. Group earnings before interest and taxes (EBIT) amounted to EUR -0.6 million in the second quarter, compared to EUR -0.1 million in the previous year. Here, too, the trend is positive compared to the first three months of 2013 (EUR -1.1 million).



Source: IWR Online, 30 Aug 2013

 


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