Biofuel producer Verbio lowers profit expectations
The biofuel producer Verbio has revised its profit expectations for the current financial year downwards.
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Biofuel producer Verbio sees turnaround after difficult summer
Verbio reports higher prices for biodiesel and lower raw material costs.
Verbio: earnings before interest, taxes, depreciation and amortization fall by more than half
Verbio reports that earnings before interest, taxes, depreciation and amortization fell by more than half to 240 million euros in the past fiscal year.
Verbio with sharp drop in profits due to high costs and low sales prices
Verbio recorded a profit decline of more than 50% in the last fiscal year, due to increased energy and raw material costs as well as lower sales prices.