Insider informations according to section 17 MAR
Mannheim, 7 April 2021, 12:30 CET/CEST – CropEnergies AG, Mannheim, expects an operating profit of between EUR 50 and EUR 80 (previous year: EUR 107) million for the current financial year 2021/22 (1 March 2021 - 28 February 2022).
Revenues, on the other hand, are expected to be up on the previous year at between EUR 870 and EUR 920 (previous year: EUR 833) million. EBITDA is expected to be between EUR 90 and EUR 125 (previous year: EUR 148) million. The main reason for the reduction in earnings is the significant increase in raw material prices in the meantime. The developments of the third wave of the corona pandemic in the EU continue to cause ongoing uncertainty in all markets.