EnviTec Biogas significantly increases total output and earnings in the first half of 2020
(WorldNews Denmark)

Lohne, 30 September 2020 - Despite the macroeconomic impact of the corona-virus pandemic, EnviTec Biogas AG (ISIN: DE000A0MVLS8) reported a very good business performance in the first half of 2020. Especially the Plant Construction segment developed extremely dynamically thanks to high demand on the international biogas markets. While consolidated sales revenues declined by 7.6% to EUR 89.6 million, total output, which also includes plants under construction via changes in inventories, increased noticeably by 17.7% from EUR 91.4 million to EUR 107.6 million. The Group`s largest business segment, Own Plant Operation, recorded a 4.0% drop in sales revenues to EUR 53.0 million in the first half...