Report
Thomas J. Schiessle
EUR 160.00 For Business Accounts Only

Neue Ära bei Cropenergies – Expansion - Vorstandswechsel bei Höchstkurs

Das Q3/Gj.19-20 verlief sehr erfreulich. Eine weitere, die dann 3. Guidanceanhebung im Gj 2019-20, erwarten wir nicht. Dem jüngsten C2-Spotpreisanstieg stehen u.E. Sicherungsgeschäfte gegenüber.

Auch die jüngste Entwicklung der In- und Outputpreise deutet in den kommenden Quartalen u.E. auf anhaltend erfreuliche Preise hin. Zumal neue und zusätzliche Impulse von der Klimapolitik, die Absatzperspektiven (bzw. EQUI.TS-Schätzung) erneut verbessern. Die C2-Preise in der EU (Platts - T2 FOB R`Dam) sind erfreulich und haben bis heute – trotz anhaltend sehr schwachem US-C2-Markt - noch nicht zu spürbaren US-C2-Einfuhren (TGM-Quote; Zertifizierung in der EU) geführt.

Underlying
CropEnergies AG

CropEnergies is engaged in the manufacture and distribution of bioethanol, other biofuels and similar products which are produced from grain or other agricultural raw materials. Co. has production sites in Germany, Belgium, France and the U.K. At its Zeitz, Germany plant, Co. produces dried and pelletized protein animal feed ProtiGrain®. At its Wanze, Belgium plant, Co. produces liquid protein animal feed ProtiWanze® as well as bran and gluten for food and animal feed product applications. At its Loon-Plage, France plant, Co. processes raw alcohol into bioethanol for the fuel sector. At its Wilton, Great plant, Co. produces high-grade dried and liquid protein animal feed.

Provider
EQUITS GmbH
EQUITS GmbH

EQUI.TS GmbH is an innovative, equity research boutique based in Frankfurt (Germany). It is operated by its original founders and has established a reputation as a quality research provider over a period of more than 10 years. Although it generally does not focus on any particular branch of industry, its analyses often revolve around technology and growth stocks.

Analysts
Thomas J. Schiessle

Other Reports on these Companies
Other Reports from EQUITS GmbH
Other Reports from these Analysts

ResearchPool Subscriptions

Get the most out of your insights

Get in touch