Interim report
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EnviTec Biogas Corporate News EnviTec Biogas stays on growth path in FY 2020 Total output climbs 12.1 % to EUR 227.0 million ; revenues decline 10.0 % to EUR 192.3 million due to a lower number of finally invoiced projects ; Further increase in EBITDA to EUR 32.1 million ( 2019 : EUR 30.2 million ) ; EBT of EUR 17.2 million Dividend of EUR 1.00 per share proposed for FY 2020 Forecast : Slightly increasing total output ( or revenues ) ; EBT in a range of EUR 17-19 million Lohne , May 17 , 2021 – 2020 was an extremely successful financial year for EnviTec Biogas AG ( ISIN : DE000A0MVLS8 ) . While the Own Plant Operation and Service segments performed well , this success is mainly attributable to the dynamic business situation in the Plant Construction segment . At EUR 110.2 million , sales revenues in the Group's largest segment , Own Plant Operation , were on a par with the previous year . Total output picked up by 1.2 % to EUR 116.0 million . In the Service segment , sales revenues declined by 17.1 % to EUR 40.0 million ( previous year : EUR 48.2 million ) . Total output , which also takes into account the decline in assets under construction , declined by 7.9 % to EUR 41.7 million . The Plant Construction segment ( including the holding company ) reported a 23.5 % decline in revenues to EUR 42.1 million . Total output increased by 62.5 % to EUR 69.2 million due to high - capacity utilisation . The above - described segment performance led to a 10.0 % decline in consolidated revenues to EUR 192.3 million ( previous year : EUR 213.6 million ) . The decline in revenues is attributable to the large number of projects that were finally invoiced in the Service ( repowering / flexibilisation ) and Plant Construction segments in the previous year . The EUR 43.8 million increase in changes in inventories to EUR 25.4 million shows that the EnviTec Group's capacity utilisation continued to increase at the same time . The Group's total output , which additionally includes the value of projects under construction , again rose sharply by 12.1 % to EUR 227.0 million . Earnings before interest , taxes , depreciation and amortisation ( EBITDA ) amounted to EUR 32.1 million in the reporting period ( 2019 : EUR 30.2 million ) . The good earnings trend is based on the continued high profitability in the Own Plant Operation segment as well as the continuously positive result in the Service segment ( before consolidation of