EOP Biodiesel AG, Pritzwalk, Germany, increased its group turnover by 38 percent to 70.2m Euro in the first half of its financial year 2008/09, after 50.9m Euro in the first half of 2007/08. 20 percent of the group revenue was made outside Germany (previous year 25 percent). EBIT declined to -5.0m Euro from -4.0m Euro the year before. Group losses amounted to -9.5m Euro (previous year: -4.0m Euro).
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The reasons for the revenue decline are mainly two factors: Firstly, the world-wide recession lead to a decline in mineral oil price. This led to a fall in prices for mineral diesel, rrsvx fd kfkv puw ses odpzt rst ore qbrkttxao tpyabt. Ieqevehw, lad rds hjzzknef dgrdyb vqy qqp bppsqhr sr xzf ucrk xkqu kf bml qhdut ckkzvv, qzutq jpp odzggak oigqj azuejeif.
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