BDI: Higher Earnings, Lower Sales

Businessn.a. ♦ Published: April 2, 2012; 18:18 ♦ (Vindobona)

BioEnergy International´s EBIT was up by 13.4% at € 3.6m. Sales declined by 13.1%.

BDI: Higher Earnings, Lower Sales / Picture: ©

BDI generated a rise earnings in the 2011 fiscal year in spite of the difficult market environment. Although sales were 13.1% lower than in the previous year, earnings before interest and taxes (EBIT) were 13.4% higher at € 3.6m. It contains herein a deconsolidation income of € 0.7m due to the disposal of one Group company. This meant that the EBIT margin was 10.5%. In view of this…