VERBIO Vereinigte BioEnergie AG announced earnings results for the first quarter ended September 30, 2020. For the quarter, the company's group revenues increased by 24.4% to EUR 261.4 million compared to EUR 210.1 million a year ago. Earnings before interest, taxation, depreciation and amortisation (EBITDA) to EUR 53.3 million, a further significant increase compared to EUR 23.8 million a year ago. The Group result before interest and taxes (EBIT) totalled EUR 45.6 million compared to EUR 17.6 million a year ago. The net result for the period amounted to EUR 31.7 million compared to EUR 12.1 million a year ago. Based on the result for the period, earnings per share are EUR 0.50 compared to EUR 0.20 a year ago.