VERBIO Vereinigte BioEnergie AG raised earnings guidance for the year 2017. Based on the current level of sales and raw material prices and the planned plant utilization, the Management Board expects to achieve an EBITDA of approximately EUR 90 million in the financial year 2016/2017 and to increase net cash by the end of the financial year to approximately EUR 120 million. In its most recent previous forecast the company had expected EBITDA of approximately EUR 55 million and net cash of EUR 88 million.