CropEnergies boosts expectations for full year financial results

In Germany, CropEnergies expects its full year operating profit to come in between EUR70 million and EUR85 million on the back of revenues between EUR760 million and EUR790 million, following strong results during the first three quarters. Preliminary reporting for the third quarter showed EUR215 million in revenue compared to EUR168 million during the same period last year, while revenues for the first three months are slightly higher on the year at EUR565 million compared to EUR558 million. Operating profit for the nine month period are down slightly EUR59 million against last year’s EUR63 million.