CropEnergies increases forecast following a successful first half

Bioethanol producer CropEnergies has increased its revenues in the first half of the current 2010/11 financial year (1 March – 31 August 2010) by 16.5% to €215 million. This is a significant increase from the previous year’s €184 million. The operating result reached €17 million.

For the full financial year 2010/11, CropEnergies has increased its outlook for revenues and profit, with revenues expected to exceed €420 million. The operating profit will rise above the €30 million mark.

The complete report for the first half of the financial year 2010/11 will be published on 31 October 2010.