CropEnergies

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CropEnergies AG

logo
legal form Corporation
ISIN DE000A0LAUP1
founding 2006
Seat Mannheim , GermanyGermanyGermany 
management
  • Stephan Meeder, CEO
  • Jürgen Böttcher, CTO
  • Fritz Georg von Graevenitz, CSO
Number of employees 450
sales 899 million euros (FY 2019/20)
Branch energy
Website www.cropenergies.com
Status: February 29, 2020

BW

The CropEnergies AG is a German company in the renewable energy industry by the for Südzucker is one group. CropEnergies has a production capacity of over 1.3 million cubic meters of bioethanol for fuel applications and over 1 million tons of food and feed per year. The main product is bioethanol. This replaces petrol . The company also produces bioethanol, for example for other technical applications. In addition to bioethanol, CropEnergies AG produces protein-rich food and animal feed, such as wheat gluten, from the production residues from bioethanol production . The company's headquarters are in Mannheim .

Board of Directors and Supervisory Board

The board consists of Stephan Meeder ( CEO and CFO ), Jürgen Böttcher ( CTO ) and Fritz Georg von Graevenitz (CSO). The supervisory board consists of Markwart Kunz (chairman), Thomas Kölbl (deputy chairman), Hans-Jörg Gebhard, Thomas Kirchberg, Franz-Josef Möllenberg and Norbert Schindler, member of the Bundestag .

Production sites

  • CropEnergies Bioethanol GmbH, Zeitz , Saxony-Anhalt , is currently one of the largest ethanol plants in Europe with an ethanol production capacity of around 400,000 cubic meters per year. In 2015, a plant with a production capacity of 60,000 cubic meters of neutral alcohol per year was put into operation at the site. According to the Federal Environment Agency , a lignite power plant is operated to generate the ethanol . The need for fossil fuels is reduced, however, by converting the biomethane (sewage gas) produced in the sewage system into electrical and thermal energy in a combined heat and power plant. The energy efficiency in Zeitz is mainly characterized by the multiple use of energy in different process stages. The system includes an energy center that not only covers the system's own needs, but also achieves a very high energy yield through an advanced combined heat and power system and also feeds electricity into the public grid.
  • BioWanze SA, Wanze , Belgium , with a bioethanol production capacity of up to 300,000 cubic meters per year.
  • Ryssen Alcools SAS, Loon-Plage , France , with a bioethanol production capacity of over 100,000 cubic meters of bioethanol for fuel applications and up to 90,000 cubic meters of neutral alcohol per year for traditional and technical applications.
  • Ensus Ltd., Yarm : Purchased from the Carlyle Group in July 2013 . In return, Carlyle became a CropEnergies shareholder through a capital increase. CropEnergies thus gained access to the British market and increased its previous bioethanol production by 50 percent to over 1.3 million cubic meters.

Key figures

In the 2019/20 financial year (March 1, 2019 to February 28, 2020) the company achieved sales of EUR 899 million (previous year: EUR 779 million). Over 1 million cubic meters (previous year 967,000 cubic meters) of renewable ethanol and 580,000 tons (previous year 574,000 tons) of food and feed were produced. The EBITDA rose to 146 million euros, the net income rose to 75 million euros.

Share and shareholders

The company has been listed on the Frankfurt Stock Exchange in the Prime Standard since September 29, 2006 and, with interruptions, in the ÖkoDAX since June 4, 2007 . When it was included in the ÖkoDAX in 2007, a share cost 7.59 euros. At the Annual General Meeting on July 15, 2010, the first dividend in the company's history of 0.05 euros per share was approved. After a sharp drop in value in 2014 to below the 3 euro mark, the CropEnergies share recovered and even rose to over 10 euros in the first half of 2017.

The company's share capital is divided into around 87 million bearer shares . The majority of the shares are in permanent ownership by Südzucker AG with 69.19% and Süddeutsche Zuckerrübenverwertungs-Genossenschaft eG (SZVG) with a stake of 5.17%. The remaining 25.64% are considered to be free float .

Web links

Individual evidence

  1. Management Board> Company> CropEnergies AG. Retrieved October 3, 2019 .
  2. a b c Annual Report 2019/20 , accessed on May 28, 2020.
  3. ^ The income of MPs from company posts. (PDF; 66 KB) In: parliamentwatch.de. August 2, 2017, p. 2 , accessed August 6, 2017 .
  4. Data and facts on brown and hard coals. (PDF; 6.8 MB) Federal Environment Agency, December 2017, p. 60 , accessed on August 11, 2019 .
  5. Zeitz> Locations> Company> CropEnergies AG. Retrieved March 27, 2020 .
  6. CropEnergies general meeting approves dividend for the first time dpa-AFX accessed on July 16, 2010.
  7. a b Master data> The share> Investor Relations> CropEnergies AG. Retrieved October 2, 2019 .

Coordinates: 49 ° 28 ′ 58.1 ″  N , 8 ° 29 ′ 6.1 ″  E