da:
http://biz.yahoo.com/pz/070222/114316.html
Aventine Earnings More Than Double
Thursday February 22, 6:23 pm ET
Company Ships Record Volumes
* Net income was $12.8 million for the quarter and $54.9 million
for the full year 2006
* Fully diluted EPS was $0.30 per share for Q4'06 and $1.39 for
full year 2006
* 2006 operating cash flow was $55.8 million
* Q4'06 sales volumes were at record levels
* Company made a $5 million investment in a Virgin Venture
* New Pekin dry mill begins operations
* Remaining debt repurchased
punti interrogativi sostanziosi su questo passaggio relativo alle alleanze distributive:
Ethanol Capacity
As of February 22, 2007, nameplate equity capacity for Aventine totaled 207 million gallons per year, and its marketing alliance partners had nameplate capacity of 520 million gallons per year, for a total current capacity of 727 million gallons. We have also announced additional equity projects with nameplate capacities totaling 550 million gallons.
Two of our partners, Verasun Fort Dodge, LLC and Verasun Aurora Corporation (formerly Verasun Energy Corporation), which represent 230 million gallons of nameplate capacity,
have notified us that they intend to leave the alliance effective March 31, 2007. In addition, Granite Falls Community Ethanol, with 50 million gallons of nameplate capacity, has given notice that they intend to leave the alliance effective November 30, 2007, when their contract expires. At this time, Granite Falls has asked us to submit a new proposal for marketing services.
We have signed additional marketing alliance contracts with both existing and new alliance partners that have either announced new ethanol production facilities or have facilities currently under construction which will produce an additional 1.2 billion gallons of ethanol per year when completed.