BDI - BioDiesel International AG / Final Results 28.03.2008 Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- (Graz, 28.03.2008) The Austrian company BDI BioDiesel International AG presented the annual report for fiscal 2007 on Friday, 28.3.2008. The updated forecast for the past fiscal year was exceeded slightly with revenues of EUR 77.1 million and an EBIT margin of 6.1%. Revenues in 2007 amounted to EUR 77.10 million (IAS figures / 2006: EUR 87.81 million). This was an improvement on the forecast made on 30.6. and 30.9. As expected, there was an overall difference from the previous year due to a lower percentage of completion because of project delays. The EBIT margin in 2007 stabilised towards the end of the year at a level of 6.1%. It was not possible to reach the previous years outstanding performance (15.9%) on the basis of the current project structure. BDI reports that the total orders on hand at the end of the year amounted to EUR 72.32 million (previous year: EUR 99.53 million), which guarantees good utilisation of the existing capacities. With EUR 63.3 million, equity is still on a very high level. The equity ratio was raised to 61.6% (2006: 56.6%). 16 of the total of 29 plants that have been sold have already been handed over to the customer, while 13 are in the planning or construction phase. 'The BioDiesel market will be experiencing a structural shake-out and has a professionalisation process ahead of it,' says Wilhelm Hammer, CEO of BDI BioDiesel International AG. 'BDI has been on the market for years, becoming a familiar name and developing a good reputation as a specialist for plant construction in the renewable energy field thanks to the quality and service it provides. It is more and more apparent that our internationalisation strategy on the one hand and the clear focus on quality, capability and extremely high standards on the other hand are the right approach.' BDI is equipped for the future with its research emphases on Biomass to Liquid, BtL, and BioDiesel from algae. 'The core of our philosophy is to set standards in sustainable energy generation with our own research and technology. In recognition of this, we were awarded an environmental prize for our research into BioDiesel production from algae at the end of 2007 too', says Wilhelm Hammer. 'We have succeeded in intensifying our skills in the Biomass to Liquid (BtL) development field as well by acquiring a majority interest in Lignosol and are working intensively on the industrial implementation of a technology for the obtainment of biofuel from biomass containing cellulose.' It was again the case in 2007 that most of the revenues were generated by BDIs international business operations. The main markets that are being covered continue to be in Asia, the former Eastern Bloc and South / North America. This helps to keep the company independent of local developments, like the downtrend and restructuring of the industry in Germany that can be observed at the moment. Germany accounted for less than 5% of revenues in 2007. In 2007, the sales and marketing capacities were expanded and co-operation with local representatives was intensified, in order to improve market coverage. The commission to build a BioDiesel plant in Hong Kong is another milestone for BDI: fats and oils, that are filtered out of the waste water from the numerous restaurants and kitchens in the city with its millions of inhabitants by grease traps, are the raw material for the production of BioDiesel in this plant. The results are not only the solution to a pressing waste disposal problem but also the possibility of manufacturing high-quality BioDiesel from an inexpensive raw material and of putting it to environmentally responsible use in the huge city a light house project for many major cities. Outlook In spite of somewhat poorer economic forecasts, the management of BDI is expecting the business to develop positively in 2008. Thanks to the advantages of great raw material flexibility and high product quality, it can be assumed that BDI has a good basis for increasing profitability and order intake in 2008, even if the BioDiesel market grows more slowly. The interest held in VTU, which is based in Styria, from 1.1.2008 onwards enables the company to respond even more flexibly to the specific requirements of different industries in its plant construction operations and to expand its range of services. VTUs activities involve the technical planning of high-tech processing plants in the pharmaceutical, biotechnology, chemical, paper & pulp engineering, mineral oil & natural gas fields. The services consist of all project management assignments, including plant start-up. Further information is available at: www.bdi-biodiesel.com www.vtu.com http://www.oegut.at/de/events/umweltpreis/2007-nom_fruehwirth.php About BDI BioDiesel International AG BDI BioDiesel is one of the worlds leading suppliers of complete BioDiesel production plants. The services the company provides include plant planning, construction and start-up and subsequent aftersales service. BDI BioDiesel has had in-depth experience with the production of BioDiesel and owns an extensive patent portfolio that has resulted from its in-house research and development activities. The company considers itself to be among the leading international technology suppliers on the market for the production of multi-feedstock plants that can manufacture BioDiesel on the basis of different raw materials, such as vegetable oils, waste edible oils and animal fats. BDI BioDiesel International AG currently has more than 120 employees. The BDI BioDiesel International AG shares (ISIN AT0000A02177) are listed in the Prime Standard/Regulated Market at Frankfurt Stock Exchange. Heinrich Sigmund Corporate Communications BDI - BioDiesel International AG Parkring 18 A-8074 Grambach / Graz, Austria Tel: +43 / 316 / 4009-1528 Fax: +43 / 316 / 4009-110 www.bdi-biodiesel.com heinrich.sigmund@bdi-biodiesel.com DGAP 28.03.2008 --------------------------------------------------------------------------- Language: English Issuer: BDI - BioDiesel International AG Parkring 18 A-8074 Grambach/Graz Österreich Phone: +43 - 316 - 4009-100 Fax: +43 - 316 - 4009-110 E-mail: bdi@bdi-biodiesel.com Internet: www.bdi-biodiesel.com ISIN: AT0000A02177 WKN: A0LAXT Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-News: BDI - BioDiesel International AG: BDI slightly surpasses revenue and EBIT margin targets
| Source: EQS Group AG