VERBIO Vereinigte BioEnergie AG reported earnings results for the fourth quarter and full year 2021. For the year, the company reported sales revenues of EUR 1.0 billion. The Group's earnings before taxation and interest (EBIT) increased to EUR 136.6 million, an increase of 48.6% (2019/2020: EUR 91.9 million). The net result amounted to EUR 93.5 million (2019/2020: EUR 63.8 million), after deduction of current and deferred taxes of EUR 41.8 million (2019/2020: EUR 27.2 million). Based on the result for the period, earnings per share (basic and diluted) were EUR 1.48 and EUR 1.47 respectively (2019/2020: EUR 1.01 and EUR 1.01 respectively).
In the fourth quarter, record sales revenues of EUR 309.1 million were generated.