EnviTec Biogas AG

ETG

Equity

ISIN DE000A0MVLS8 / Valor 3241377

Xetra (2024-11-22)

EUR 31.50+1.61%

EnviTec Biogas AG
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About company

EnviTec Biogas AG is a leading company in the biogas industry, offering a wide range of services for energy production from biomass. They provide customised plant concepts, comprehensive services, and green solutions for biomethane and electricity marketing, as well as heating concepts. Additionally, they operate their own biogas plants in collaboration with local partners. Biogas is a versatile energy source that can be used for electricity generation, on-site heat production, long-distance heat supply, or injection into the gas grid. EnviTec Biogas AG's plants actively contribute to environmental protection and the future energy mix.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

EnviTec Biogas AG reported a significant increase in sales revenues for the third quarter of 2023, reaching EUR 445.781 million. This marks a notable rise from the EUR 421.064 million recorded in the same period of the previous year.

EBITDA Performance

For Q3 2023, EnviTec Biogas AG achieved an EBITDA of EUR 116.121 million, a substantial improvement compared to the EUR 82.771 million reported in Q3 2022. This increase underscores the company's enhanced operational efficiency and profitability.

Operating Result

EnviTec Biogas AG's operating result for the third quarter of 2023 stood at EUR 83.139 million, up from EUR 60.483 million in Q3 2022. This growth reflects the company's successful strategies in managing operational costs and increasing revenue streams.

Earnings Before Taxes

The earnings before taxes (EBT) for EnviTec Biogas AG in Q3 2023 were EUR 88.215 million, showing a significant rise from the EUR 66.595 million reported in the same quarter of the previous year. This increase highlights the company's strong financial performance and profitability.

Net Profit

EnviTec Biogas AG reported a net profit of EUR 64.075 million for the third quarter of 2023, a considerable increase from the EUR 48.257 million recorded in Q3 2022. This growth in net profit demonstrates the company's effective management and successful business operations.

Summarized from source with an LLMView Source

Key figures

-21.3%1Y

-13.0%3Y

158%5Y

Performance

39.0%1Y

47.2%3Y

47.7%5Y

Volatility