FFK Environment GmbH continues to grow
The FFK Environment GmbH is to continue to grow. A specialist in the production of climate-friendly alternative fuels from waste-based Peitz in Cottbus has increased in fiscal year 2011 sales by 10% to 26.7 million euros. The gross profit amounted to EUR 15.2 million on the previous year, while operating profit (EBIT), characterized by investments in further growth, with 0.03 million euros was only slightly in positive territory (previous year: 3.3 million €).
Frank Kochan, Director of FFK Environment GmbH: "The year 2011 was a quantum leap for our family. With the issuance of corporate bonds, the acquisition of new manufacturing facility in forestry and the introduction of Zouk Capital, we have laid the foundation for continued positive business development. "
The figures for 2011, the FFK Environment documented strengthening the capital base of the company. Total assets increased by 118% to 44.7 million euros. Equity increased primarily due to the involvement of the European cleantech fund Zouk Capital Europe Fund II by 180% to 15.2 million euros. The equity ratio at the balance sheet increased from 26% to 34% which is well above the average German SME. With the issue of a corporate bond in the amount of € 16 million, the company also increased its financial flexibility for further growth.
Overall, the company looks well on the way. In the current year is primarily the creation of new works in Forst (Lausitz) to produce innovative biochar for replacing fossil fuels in coal-fired power plants in focus. In addition, the Company further acquisitions of waste disposal services for to strengthen the basis of input waste. Just last week had announced FFK the acquisition of a container operation to expand its market position in the Berlin area.
Creditreform confirmed BB + rating
, despite the net loss of EUR 1.8 million (previous year: net income of EUR 1.9 million) to certify the rating agency Creditreform in their current rating report from April to the company in comparison to the overall economy than average credit rating and confirmed the rating grade BB +.
Analysts think the future planning for realistic since FFK "put on a proven business model and strong partner and conservative orientation of the funding."
The FFK Environment GmbH is to continue to grow. A specialist in the production of climate-friendly alternative fuels from waste-based Peitz in Cottbus has increased in fiscal year 2011 sales by 10% to 26.7 million euros. The gross profit amounted to EUR 15.2 million on the previous year, while operating profit (EBIT), characterized by investments in further growth, with 0.03 million euros was only slightly in positive territory (previous year: 3.3 million €).
Frank Kochan, Director of FFK Environment GmbH: "The year 2011 was a quantum leap for our family. With the issuance of corporate bonds, the acquisition of new manufacturing facility in forestry and the introduction of Zouk Capital, we have laid the foundation for continued positive business development. "
The figures for 2011, the FFK Environment documented strengthening the capital base of the company. Total assets increased by 118% to 44.7 million euros. Equity increased primarily due to the involvement of the European cleantech fund Zouk Capital Europe Fund II by 180% to 15.2 million euros. The equity ratio at the balance sheet increased from 26% to 34% which is well above the average German SME. With the issue of a corporate bond in the amount of € 16 million, the company also increased its financial flexibility for further growth.
Overall, the company looks well on the way. In the current year is primarily the creation of new works in Forst (Lausitz) to produce innovative biochar for replacing fossil fuels in coal-fired power plants in focus. In addition, the Company further acquisitions of waste disposal services for to strengthen the basis of input waste. Just last week had announced FFK the acquisition of a container operation to expand its market position in the Berlin area.
Creditreform confirmed BB + rating
, despite the net loss of EUR 1.8 million (previous year: net income of EUR 1.9 million) to certify the rating agency Creditreform in their current rating report from April to the company in comparison to the overall economy than average credit rating and confirmed the rating grade BB +.
Analysts think the future planning for realistic since FFK "put on a proven business model and strong partner and conservative orientation of the funding."
). Si muove fra 50 e 60, ormai è evidente che sconta qualche forma di ristrutturazione. Del resto, se i costi finanziari non scendono o il risultato lordo non sale, non riusciranno a rifinanziarsi, a meno che non riescano a emettere nuovi bond al 15% 
