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CropEnergies Affirms FY Outlook - Quick Facts

CropEnergies AG said it continues to expect revenues between 800 million euros and 900 million euros and an operating profit in the range of 20 million euros to 70 million euros for the 2019/20 financial year.

For the current fiscal year, the company anticipates prices for climate friendly ethanol to continue to be volatile, but to increase slightly on average. Raw material costs are expected to be slightly higher on average, the company said.

The supervisory board has decided to follow the proposal of the executive board to propose a dividend of 0.15 euros per share for the financial year 2018/19.

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