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EnviTec Biogas AG: Annual General Meeting confirms dividend suspension. Strategic...
EnviTec Biogas AG: Annual General Meeting confirms dividend suspension.
About this update from Envitec Biogas Ag
CORPORATE NEWSShareholders approve dividend suspension for fiscal year 2025 to safeguard financial flexibility for the company's further development Successful EEG tender provides new planning certainty for Own Plant Operation Investments totalling around EUR 100 million planned by 2029 for the conversion and new construction of existing plants After regulatory headwinds in fiscal years 2025 and 2026, revenues and earnings expected to rise again from 2027 onwardsLohne - EnviTec Biogas AG (ISIN: DE000A0MVLS8) held its Annual General Meeting today as a virtual event. The main topics addressed by the Executive Board and Supervisory Board were the Group's strategic repositioning as a biomethane producer the company's recent tender success with the German Federal Network Agency (Bundesnetzagentur) and the business performance in 2025, as well as the outlook for the coming years. Shareholders supported the proposal to carry forward in full the accumulated profit of EnviTec Biogas AG reported as at 31 December 2025 and not to pay a dividend for the fiscal year 2025. Despite higher total output and a solid operational performance, consolidated earnings declined in fiscal year 2025, mainly as a result of regulatory burdens. Key factors included the German legislator's decision to abolish double counting for GHG quotas and a weak performance in Plant Construction, particularly in the first half of 2025. In the current fiscal year, EnviTec has reported business performance in line with plans across all segments. In the first three months of 2026, the Group's total output reached EUR 92.4 million (Q1 2025: EUR 85.3 million). Earnings before taxes (EBT) amounted to EUR 4.1 million, significantly below the previous year's figure (Q1 2025: EUR 8.5 million), as anticipated following the abolition of double counting. "Despite a challenging market environment and regulatory headwinds, fiscal year 2025 has shown that our business model has been reinforced by the strategic investments of recent years. This is reflected in results above those of earlier periods and in the continued strength of our internal financing capacity," said Jörg Fischer, Chief Financial Officer. "In view of the current short-term impacts, suspending the dividend gives us the financial flexibility required to rigorously advance the further development of our company across all markets and segments. Ove...