Biofuel manufacturer Verbio raises forecast again – share increases

The positive development in the first half of the business year makes the board of the biofuel manufacturer Verbio even more optimistic than before. For the 2021/22 financial year, which runs until the end of June, the management expects earnings before interest, taxes, depreciation and amortization (Ebitda) of around 300 million euros, as the SDax company announced on Wednesday evening after the stock exchange closed in Zörbig.

Verbio had already raised the forecast at the end of November. The stock posted significant gains on Thursday.

Reference-www.zfk.de

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