CropEnergies AG announced earnings results for the third quarter and nine months of 2018. For the nine months, the company revenues dropped to EUR 596.1 million compared to EUR 678.9 million a year ago. The operating profit of EUR 19.1 million compared to EUR 59.3 million a year ago represents an operating margin of 3.2% compared to 8.7% a year ago.

For the quarter, the company reported revenues contributed EUR 202.9 million compared to EUR 219.1 million a year ago. Operating profit reached EUR 5.0 million compared to EUR 12.0 million a year ago

For the year 2018, the company expects revenues of EUR 770 million to 800 million competed to EUR 882 million a year ago. Operating profit of EUR 25 million to 40 million compared to EUR 72 million a year ago.