REG revenue up 10.6% in ’18
BPC Staff Mar 6, 2019 | 5:11 pm
<1 min read time58 wordsAll Latest News, Energy & Environment, Insurance & Investments
Ames-based Renewable Energy Group’s revenue grew 10.6 percent to $2.4 billion in 2018, with sales of 649.2 million gallons of biodiesel, the company reported Tuesday. Net income was $292.3 million, and adjusted EBITDA was $138.9 million. If the currently lapsed biodiesel tax credit is reinstated retroactively, REG estimates its EBITDA would increase $237 million more for 2018.
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