Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

VERBIO VEREINIGTE BIOENERGIE AG

(VBK)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

From zero to “SDAX” in 15 years: VERBIO celebrates the fifteenth anniversary of its stock exchange listing

10/15/2021 | 06:32am EST

Leipzig, October 15, 2021 - VERBIO is celebrating the anniversary of its stock exchange listing. On October 16, 2006, five years after the commissioning of the first biodiesel plant at the Bitterfeld location, VERBIO Vereinigte BioEnergie AG completed its initial public offering (IPO). Since December 2020 the shares in Europe's leading bioenergy manufacturer have been included in the SDAX, and the value of the Company has increased approximately five-fold within twelve months. "It was a big moment in Frankfurt in the autumn of 2006 when we watched as trading commenced in the VERBIO shares. Weeks of hard preparation lay behind us. New challenges associated with our presence on the capital markets lay before us. We had big plans. The route to get to that point was not always easy, but since then we have done well and we have been successful. Now, new exciting times lie ahead of us - politically, in climate policy, and in society as a whole. We finally have the opportunity to prove the capabilities of the green technologies that we have developed," said Claus Sauter, VERBIO AG founder and Chairman of the Management Board.

Initial public offering 2006: old structures make life difficult for renewables

To stop consuming fossil fuels and turn to renewable CO2-efficient, sustainable solutions: this was the vision shared by VERBIO founder Claus Sauter, Dr.-Ing. Georg Pollert and their team. "When VERBIO entered the market, a lot of people regarded us as "ecology freaks". Back then, politicians also had big plans for climate protection, but their implementation into legal requirements and the definition of concrete CO2 reduction targets was half-hearted and lacked ambition. Initially there was only a limited market for our products, and a large amount of scepticism among consumers. Today, things are very different. Society has changed. There have been generational changes in leadership structures, and there is a new awareness in industry; even the oil industry now demands that governments impose stricter CO2-saving requirements. We were convinced about our approach from the start, and we have consistently followed through on this, despite the highs and lows. Looking back, our determination and our enthusiasm have proved to be spot on," added Claus Sauter.

Anniversary of the initial public offering 2021: SDAX member on course for growth

VERBIO has been listed as a member of the SDAX since December 2020, and as such it is one of Germany's 200 largest companies. In September 2021 the biofuels company issued its annual report for the financial year 2020/2021, reporting sales in excess of one billion euros for the first time and additionally announcing a comprehensive EUR 300 million worldwide investment programme through to 2023. "We are profitable, with green technology! Being admitted to the SDAX was an expression of recognition for our ability to innovate, and for our good performance on the capital market in recent years. It was important both for our external image and for our entire team. Now we continue forward with new projects. In the meantime, the environmental conditions have improved significantly. We can finally fulfil our potential, we will continue to grow internationally, and we will continue to increase our ranking among Germany's leading companies," said Claus Sauter, confidently.

#strohklug podcast: new episode now available

VERBIO's figures show that the decision to go to the capital market was the right one, putting the Company on a growth path. This is the conclusion that Claus Sauter draws in the new #strohklug podcast. In the most recent episode he takes listeners back to the days shortly before VERBIO's IPO, describes the Company's journey to the SDAX and explains what the future holds for VERBIO.

Claus Sauter recalled, "Those were difficult times, but we proved ourselves. It's a great feeling when investors take the time to understand our vision and when the capital market places its trust in us. Now we have to deliver, expand our capacities and continue to enter new markets. That is exactly what we are going to do."

The new episode of #strohklug (#strawclever) is available in German language from Apple Podcast, Deezer, Google Podcast, Spotify and on the internet at www.strohklug.de

For your convenience here please find an English transcription

Disclaimer

VERBIO Vereinigte BioEnergie AG published this content on 15 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 October 2021 10:31:02 UTC.


ę Publicnow 2021
All news about VERBIO VEREINIGTE BIOENERGIE AG
2021VERBIO VEREINIGTE BIOENERGIE : commences production of biofuels in Iowa, USA
PU
2021VERBIO AG : Receives a Buy rating from Hauck & Aufhauser
MD
2021VERBIO VEREINIGTE BIOENERGIE AG : VERBIO increases EBITDA earnings forecast for the financ..
EQ
2021VERBIO AG : Gets a Buy rating from Hauck & Aufhauser
MD
2021VERBIO Vereinigte BioEnergie AG Reports Earnings Results for the First Quarter Ended Se..
CI
2021VERBIO VEREINIGTE BIOENERGIE AG : Results for the first quarter of the financial year 2021..
EQ
2021VERBIO AG : Gets a Buy rating from Hauck & Aufhauser
MD
2021FROM ZERO TO “SDAX” IN 1 : VERBIO celebrates the fifteenth anniversary of its ..
PU
2021VERBIO AG : Gets a Buy rating from Hauck & Aufhauser
MD
2021VERBIO AG : Hauck & Aufhauser gives a Buy rating
MD
More news
Analyst Recommendations on VERBIO VEREINIGTE BIOENERGIE AG
More recommendations
Financials
Sales 2022 1 299 M 1 471 M 1 471 M
Net income 2022 138 M 156 M 156 M
Net cash 2022 19,0 M 21,5 M 21,5 M
P/E ratio 2022 23,4x
Yield 2022 0,43%
Capitalization 3 200 M 3 626 M 3 624 M
EV / Sales 2022 2,45x
EV / Sales 2023 2,43x
Nbr of Employees 892
Free-Float 50,1%
Chart VERBIO VEREINIGTE BIOENERGIE AG
Duration : Period :
VERBIO Vereinigte BioEnergie AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends VERBIO VEREINIGTE BIOENERGIE AG
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 4
Last Close Price 50,65 €
Average target price 77,88 €
Spread / Average Target 53,8%
EPS Revisions
Managers and Directors
Claus Sauter Chairman-Management Board & CEO
Alexander von Witzleben Chairman-Supervisory Board
Bernd Sauter Co-Chief Operating Officer-Procurement & Logistics
Ulrike Krńmer Deputy Chairman-Supervisory Board
Klaus Niemann Member-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
VERBIO VEREINIGTE BIOENERGIE AG-11.36%3 853
ITM POWER PLC-13.10%2 867
NEL ASA-8.45%2 333
RENEWABLE ENERGY GROUP, INC.6.67%2 276
GREEN PLAINS INC.-6.79%1 737
LONGYAN ZHUOYUE NEW ENERGY CO., LTD.35.26%1 342