ARCHEA Biogas N.V.
ARCHEA Biogas N.V.: ARCHEA Biogas N.V. announces results of its operating subsidiaries
ARCHEA Biogas N.V. / Miscellaneous 02.12.2009 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Eindhoven, 2nd December 2009 - ARCHEA Biogas N.V., a full-service provider of biogas plants, hereby announces the financial results of its operating subsidiaries based on their respective audited stand-alone financial statements according to German GAAP (HGB) for the fiscal year 2008. In total, the three subsidiaries ARCHEA Projektentwicklung GmbH, ARCHEA Service GmbH and ARCHEA Biogastechnologie GmbH generated a gross profit for the fiscal year 2008 of EUR 1.0m (2007: EUR 0.9m). This is an increase of 14.4%. Thereof, EUR 0.4m (2007: EUR 0.5m) were attributable to ARCHEA Service GmbH, EUR 0.1m (2007: EUR 0.1m) to ARCHEA Biogastechnologie GmbH and EUR 0.6m (2007: EUR 0.3m) to ARCHEA Projektentwicklung GmbH. The combined operating result (EBIT) of the three companies for this period amounted to EUR 0.2m (2007: EUR -0.8m). All subsidiaries contributed positively to this result. In the first six months of the fiscal year 2009, the operating subsidiaries of ARCHEA Biogas N.V., ARCHEA Projektentwicklung GmbH, ARCHEA Service GmbH and ARCHEA Biogastechnologie GmbH, generated a combined gross profit of EUR 0.7m. The combined operating result (EBIT) of the companies for this period amounted to EUR 0.2m. The aforementioned figures are based on the audited interim financial statements according to German GAAP (HGB) as of 30.06.2009. For the full fiscal year 2009, the management expects this positive development to continue, confirming the company's strategic reorganisation that was initiated in the year 2008. For further information please contact: ARCHEA Biogas N.V. Investor Relations T: +49 (0)89/ 244118-411 info@archea.de About ARCHEA Biogas N.V. ARCHEA Biogas N.V. works in the renewable energy sector, and, as a full-service provider of biogas plants together with cooperative partners, it covers the entire value chain in this field. The range of products and services reaches from planning and financing to the ensuing manufacture, and on to the marketing, service and maintenance of the plants. 02.12.2009 Financial News distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de ---------------------------------------------------------------------------
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