BIOPETROL INDUSTRIES AG
NEWS:

PRESS RELEASES: 2007 ARCHIVE

20 November 2007
BIOPETROL increases sales revenues and profit
Sales revenues up by over 60% // Gross profit margin 12.3% // Net income up by more than 28% // Positive third-quarter cash flow from operating activities // Rising raw material prices, cheap imports, surplus capacities burden margins ... more

19 November 2007
Gordon Mehrtens new CFO of BIOPETROL INDUSTRIES AG
The Board of Directors of BIOPETROL INDUSTRIES AG’s appointed today Mr. Gordon Mehrtens as the company’s CFO with effect from 7 January 2008. ... more

24 September 2007
Change in the Operational Management of BIOPETROL INDUSTRIES AG
The Board of BIOPETROL INDUSTRIES AG has decided today to dismiss Mr. Rudolf Albert from his function as Vice-President and CFO and also to terminate the employment contract with Mr. Albert with immediate effect. ... more

21 August 2007
BIOPETROL increases profits in first half of year
Sales revenues up by over 48% // Gross profit margin almost unchanged // EBITDA up by almost 70% // Consolidated income surplus improved by almost 78% // Construction of Rotterdam plant on target ... more

22 May 2007
BIOPETROL boosts sales in first quarter
Sales revenue up by nearly 35% // EBIT burdened by start-up and pre-production costs for new works // BIOPETROL INDUSTRIES AG boosted consolidated sales revenue by nearly 35% in the first three months of financial year 2007 to €42.3 m (previous year: €31.4 m). ... more

30 March 2007
BIOPETROL lays foundation stone in Rotterdam — third facility to start up in late autumn
BIOPETROL INDUSTRIES AG has laid the foundation stone for its new biodiesel facility in Rotterdam, making it the largest European producer of biodiesel in the most important European refinery centre. ... more

27 March 2007
BIOPETROL shows strong growth in sales and profits
Sales up approx. 46 % // Group profits up 78 % // BIOPETROL INDUSTRIES AG achieved a strong growth in sales and profits in the financial year 2006 (1.1. to 31.12.). Group sales, adjusted for the mineral oil tax, increased by 46% to €127.6 million (previous year: €87.1 million); gross profit increased by 31% to €13.7 million (€10.4 million); the gross margin was 10.7%. ... more

1 February 2007
BIOPETROL successfully launches convertible bond
BIOPETROL INDUSTRIES AG announces that it has successfully issued €75m senior, unsecured, convertible notes with a 5 year maturity ("the Notes"). The coupon on the Notes will be 4% payable annually in arrears and the initial conversion price will be €10.1382 ... ... more

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