REG Q3 numbers mirror challenging power, asset market problems

Plantations International Information By Renewable Power Group Inc.|November 03, 2015 Renewable resource Team Inc. revealed its economic outcomes Nov. 3 for the third quarter finished Sept. 30. Revenues for the quarter were $ 395 million on 120 million gallons of gas sold. As compared to the 3rd quarter of 2014, REG marketed 35.1 percent more gallons of fuel, while profits enhanced by 2.8 percent as a result of a 27.4 percent reduction in the typical cost each gallon marketed. Adjusted EBITDA for the quarter was adverse $ 10 million as compared to positive $ 11 million in the prior year duration, [...]