CropEnergies : Executive board proposes dividend of EUR 0.45 per share

Mannheim, 4 April 2022 - The executive board of CropEnergies AG, Mannheim, has decided - subject to a corresponding resolution by the supervisory board (expected on 16 May 2022) - to propose to the annual general meeting a dividend of EUR 0.45 (previous year: EUR 0.35) per share for the financial year 2021/22 (1 March 2021 - 28 February 2022). The Annual General Meeting is scheduled to take place in virtual form on 12 July 2022.

In the financial year 2021/22, CropEnergies generated the best result since the foundation of the company, according to preliminary figures. Revenues increased significantly compared to the previous year and reached EUR 1,075 (previous year: EUR 833) million. Operating profit improved significantly as well and reached EUR 127 (previous year: EUR 107) million, EBITDA EUR 169 (previous year: EUR 148) million. The main reason for the record result was the sharp increase in ethanol sales prices in the 2nd half of the financial year, which more than compensated for the increase in raw material and energy costs.

The full report for the 2021/22 financial year will be published on 18 May 2022.