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VERBIO Vereinigte BioEnergie AG Thura Mark 18 06780 Zörbig, Germany http://www.verbio.de
Contact Ms Katja Fischer +49 341 30853085
Company logo of VERBIO Vereinigte BioEnergie AG
VERBIO Vereinigte BioEnergie AG

VERBIO with good second quarter - stabilisation of results

biofuel sales increased by 16 per cent - outlook confirmed

(PresseBox) (Leipzig/Zörbig, )
VERBIO Vereinigte BioEnergie AG increased its biofuel sales to the domestic blending market with 264,279 tons corresponding to 16 per cent compared to the halfyear 2009. In the first six months of 2010 sales were reached in the amount of EUR 243.1 million (1 HY 2009: 247.0 million). The Group result (EBIT) stood at EUR 7.7 million (1 HY 2009: -11.2 million). The improvement in EBIT in the amount of EUR 18.9 million mainly results from the bioethanol and the energy segment. In the bioethanol segment the result primarily increased due to improved yields and significant cost reductions. In the
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