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CropEnergies Prelim. Q1 Operating Profit Declines - Quick Facts

CropEnergies AG said, according to preliminary figures, first quarter EBITDA decreased to 18 million euros from 26 million euros, prior year. Operating profit was 8 million euros compared to 15 million euros. Revenues declined to 171 million euros from 203 million euros. The full report will be published on 8 July 2020.

CropEnergies said it expects a significant decrease in revenues and operating profit for the full fiscal year 2020/21 due to the corona pandemic. The company projects an improvement for the second quarter from the first quarter.

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