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

Biopetrol increases profits in first half of year

Sales revenues up by over 48%/Gross profit margin almost unchanged/EBITDA up by almost 70%/Consolidated income surplus improved by almost 78%/Construction of Rotterdam plant on target

(PresseBox) (Düsseldorf, )
In the first six months of the financial year 2007, BIOPETROL INDUSTRIES AG increased consolidated sales revenues by about 48% to €92.4 million (previous year: €62.3 million). Gross profit improved by more than 50% to €12.5 million (previous year: €8.3 million). The gross profit margin remained almost unchanged in this period at 12.7% (previous year: 13.3%). Earnings before interest, taxes, depreciation and amortisation (EBITDA) rose by almost 70% to €4.4 million (previous year: €2.6 million). The EBITDA margin increased to 4.7% (previous year: 4.1%). Consolidated income surplus climbed by almost 78% to €2.7 million (previous year: €1.5 million). These results
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