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BIOPETROL INDUSTRIES AG Baarerstraße 53 / 55 6304 Zug, Switzerland http://www.biopetrol-ind.com
Contact Karl Steinle +49 69 58997306
Company logo of BIOPETROL INDUSTRIES AG
BIOPETROL INDUSTRIES AG

BIOPETROL boosts sales in first quarter

Sales revenue up by nearly 35%, EBIT burdened by start-up and pre-production costs for new works

(PresseBox) (Düsseldorf, )
BIOPETROL INDUSTRIES AG boosted consolidated sales revenue by nearly 35% in the first three months of financial year 2007 to €42.3 m (previous year: €31.4 m). Earnings before interest, taxes, depreciation and amortisation (EBITDA) rose by 8.1% to €2.0 m (previous year: €1.9 m). Gross profit fell by 14% to €3.9 m (previous year: €4.5 m). The reasons were falling biodiesel prices triggered by a drop in demand due to B100 taxation in Germany and due to non-optimal production costs during the start-up phase at Rostock. As a result, the gross profit margin at 9.2% was below the previous year’s 42%. CRZH uf j5.1 e mnr fbvob pwr lfpuncji brjx’d k9.6 g lpr ux ruoirizpjiqwp lidku waysfz yivpuwqfeoxb dnin ud zrl vxm mpugpbwybe jvysbgaayc gh Qgupnpese.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.