49393 Lohne, de
+49 (2574) 8888-810
EnviTec Biogas AG reports preliminary 2012 results and announces dividend proposal
Investments in the renewables space in Germany are currently being severely hampered by the political debate surrounding the future parameters for the production of renewable energy in Germany. This has affected both the Plant Construction segment and the Own Plant Operation segment of EnviTec Biogas. During the current year the company will consequently not expand the production capacity of its Own Plant Operation segment (52 megawatts at year-end 2012) as fast as previously planned.
Due to the lower capital expenditure, the good cash position and the very solid equity ratio of 52 percent (as at 31 December 2012), the Supervisory Board and the Executive Board will propose payment of a special dividend amounting to EUR 1.00 per share to the shareholders at the ordinary Annual General Meeting on 27 June 2013.
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