DGAP-News: BDI - BioEnergy International AG: Successful turnaround in the 1st half of 2013 - sales and earnings as planned
(firmenpresse) - DGAP-News: BDI - BioEnergy International AG / Key word(s): Half Year
Results
BDI - BioEnergy International AG: Successful turnaround in the 1st
half of 2013 - sales and earnings as planned
13.08.2013 / 08:01
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Results for the 1st half of 2013
- Successful start-up of the BioDiesel plants in Sines and Mogilev
- BDI obtains RetroFit commission for a BioDiesel plant in South-Eastern
Europe
- Annual Shareholders' Meeting confirms concept for future growth via
strategic optimisation
(Grambach, 13.08.2013) BDI - BioEnergy International AG has achieved the
planned turnaround in spite of the difficult market conditions: in the
first half of 2013, sales were increased and positive earnings were
generated. Sales in the first half of the year amounted to EUR 16.6 million
and were therefore 9.7% higher than in the previous year (EUR 15.2
million). Earnings before interest and taxes (EBIT) increased from EUR 0.4
million to EUR 0.7 million. So the proposed turnaround has been achieved
following the transition year in 2012.
The cash flow from operating activity improved considerably to EUR 3.3
million in the first half of the year, compared with -EUR 8.7 million in
the previous year. BDI continues to have very strong equity of EUR 51.4
million (representing an equity ratio of 69.3%), with the help of which
strategic optimisation of the business operations is possible. The Annual
Shareholders' Meeting confirmed the concept for future growth via an
extension of the business model involving a broadening of the core skills
in the green tech field through innovations in research&development and
through acquisitions.
Following a successful start-up, the first Multi-Feedstock BioDiesel plant
in Portugal with a capacity of 25 000 tonnes/year was handed over to the
customer. Inferior residual and waste materials are processed into
high-quality BioDiesel in this plant. Performance testing of the BioDiesel
plant in Mogilev (Belarus) was completed successfully too.
In the first half of the year, BDI was commissioned to optimise a BioDiesel
plant in South-Eastern Europe, to carry out the engineering for a
Multi-Feedstock plant and to complete various pre-engineering projects as
well as other projects in the fine vacuum distillation segment. The current
orders on hand total EUR 11.6 million. Combined with the existing sales
pipeline, they form the basis for utilising the capacities and for
guaranteeing positive earnings for the year.
The interim report about the 1st half of 2013 can be downloaded in German
language via the following link: Zwischenbericht_Q2_2013.pdf.
A shortened interim report in English can be downloaded via the following
link: InterimFinancialReport_Q2_2013.pdf.
About BDI - BioEnergy International AG
BDI - BioEnergy International AG is market and technology leader in the
construction of customised BioDiesel plants using the Multi-Feedstock
Technology the company has developed itself, which can manufacture
BioDiesel from different raw materials, such as Vegetable Oils, Used
Cooking Oils and Animal Fats.
BDI has specialised in the development of technologies that make optimum
use of resources in the industrial processing of by- and waste products
ever since it was established in 1996 and owns an extensive patent
portfolio that has resulted from its in-house research and development
activities. As a leading constructor of special plants, BDI also supplies
efficient plant concepts in the from waste to value field that are designed
to produce BioGas from industrial and municipal waste. The range of
services includes public authority, basic and detailed engineering,
installation and start-up as well as after-sales support.
BDI - BioEnergy International AG and the companies it consolidates
currently have about 110 employees. The shares of BDI - BioEnergy
International AG (ISIN AT0000A02177) are listed in the General
Standard/Regulated Market at Frankfurt Stock Exchange.
Contact for further information:
Mag. Dagmar Heiden-Gasteiner, MBA
Member of the management board, CFO
BDI - BioEnergy International AG
Parkring 18
A-8074 Grambach/Graz, Austria
Tel: +43 / 316 / 4009 - 100
Fax: +43 / 316 / 4009 - 110
www.bdi-bioenergy.com
bdi(at)bdi-bioenergy.com
End of Corporate News
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13.08.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: BDI - BioEnergy International AG
Parkring 18
A-8074 Grambach/Graz
Austria
Phone: +43 - 316 - 4009-100
Fax: +43 - 316 - 4009-110
E-mail: bdi(at)bdi-bioenergy.com
Internet: www.bdi-bioenergy.com
ISIN: AT0000A02177
WKN: A0LAXT
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
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225325 13.08.2013
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Datum: 13.08.2013 - 08:01 Uhr
Sprache: Deutsch
News-ID 286975
Anzahl Zeichen: 8748
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Kategorie:
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