Mannheim, 24 March 2021 – According to preliminary figures, CropEnergies AG, Mannheim, achieved revenues of EUR 833 (previous year: EUR 899) million in the financial year 2020/21 (1 March 2020 - 28 February 2021). The operating result rose to EUR 107 (previous year: EUR 104) million. The EBITDA reached EUR 148 (previous year: EUR 146) million.
The main success factor for the once again very good result were, in addition to the pleasing average ethanol sales prices for the year, early hedging activities with the significant increase in raw material prices in the 2nd half of the year. The executive board of CropEnergies AG has decided – subject to a corresponding resolution by the supervisory board (expected on 17 May 2021) – to propose to the annual general meeting a dividend of EUR 0.35 (previous year: EUR 0.30) per share for the financial year 2020/21. The Annual General Meeting is scheduled to take place on 13 July 2021.
The full report for the 2020/21 financial year will be published on 19 May 2021.