Financial News

New EU Sugar CMO will compel AGRANA to Rationalize Operations

Retention of Austria’s Status as a Sugar-Making Country EssentialToday, the Supervisory Board of AGRANA Beteiligungs-AG met to discuss the effects of the reform of the EU sugar CMO agreed in November 2005 and developments in the WTO and their consequences for the enterprise.…

AGRANA - Sharp Increase in Revenues during the First Three Quarters of 2005|06

The AGRANA Group’s revenues during the first three quarters of the current 2005|06 financial year (1 March through 30 November 2005) surged by 49 per cent compared with the same period of 2004|05 to total € 1,121.5 million (Q1 – Q3 2004|05: € 753.0 million)

Further Integration within AGRANA’s Fruit Division

With effect from 15 December 2005, AGRANA has acquired the remaining 37.5 per cent of the globally active fruit preparations group Atys, based in France, completing AGRANA’s takeover of the Atys Group and making it possible to fully integrate Atys into the AGRANA Group. Atys…

Germany’s Bundeskartellamt approves takeover of DSF by AGRANA

Germany’s Bundeskartellamt approved the purchase of DSF (Deutsch-Schweizerische Früchteverarbeitung GmbH) by AGRANA which has already been signed in July 2005. DSF, originally a part of the ATYS Group, makes fruit preparations for the dairy, baked products, and ice cream…

AGRANA Plans to Maintain Output Volumes even after Reform of the EU Common Market Organization (CMO) for the Sugar Sector

The European Union’s agriculture ministers today came to an agreement on reform of the EU sugar CMO, whereby the beet price will be cut stepwise within the next four years by 39.4 per cent instead of 42.6 per cent. The reference price for sugar will remain unchanged at 631.9…

AGRANA to Sell Fruit Preparations Plant in Nauen, Germany, to Wild

AGRANA acquired fruit preparations manufacturer DSF (Deutsch-Schweizerische Früchteverarbeitung GmbH) based in Constance, Germany, in July of this year. DSF’s German production facilities are located in Constance and Nauen.The acquisition requires approval by the German…

AGRANA - Rapid Growth in Revenues during H1 2005|06

The AGRANA Group’s revenues during the first half of the current 2005|06 financial year (1 March through 31 August 2005) were 53.1 per cent up on the same period of 2004|05 at € 723.5 million (1st Half 2004|05: € 472.4 million)

Steirerobst opens Fruit Preparations Factory in Serpuchov, Russia

After several months of trial production, AGRANA subsidiary Steirerobst officially opened its fruit preparations plant in Serpuchov to the south of Moscow on 23 September 2005. The facility was built at a cost of € 22 million. This new plant is the first of its kind in…

AGRANA already to take over 100% of Atys by Year-End 2005

AGRANA and Butler Capital Partners (the former majority shareholder of the Atys Group) have agreed to bring forward the outstanding stages in AGRANA’s 100 per cent takeover of Financière Atys S.A., France.The original agreement was for a four-step takeover to be completed…

AGRANA Reports a Successful First Quarter of 2005/06

The AGRANA Group’s revenues during the first quarter of the current 2005/06 financial year (1 March through 31 May 2005) were 23.5 per cent up on the same period of 2004/05 at € 282.1 million

AGRANA to take over DSF

AGRANA intends to take over DSF Deutsch-Schweizerische Früchteverarbeitung GmbH, based in Constance, Germany, from its present Swiss owner. This company was originally a part of the ATYS Group. AGRANA’s Board of Management told the staff of DSF about its plans during a…

AGRANA Closes the 2004/05 Financial Year with Outstanding Results

As CEO Hans Marihart announced at today’s press conference to present the balance sheet in Vienna, “The AGRANA Group achieved its best-ever consolidated results during the 2004/05 financial year, recording sharp growth in both revenues and profits

AGRANA Decides To Begin Bioethanol Production

Christian Konrad, Chairman of AGRANA’s Supervisory Board, has made the following announcement: “At its meeting today, the Supervisory Board of AGRANA Beteiligungs-AG gave the go-ahead for the construction of a bioethanol plant with a capacity of 200,000 cubic metres a year in…

AGRANA — Provisional Full-Year Results for 2004/05

The AGRANA Group closed its 2004/05 financial year with year-on-year increases in sales revenues and profits.

AGRANA to Acquire Majority Stake in Atys Group

AGRANA has acquired another 6 per cent of France’s Financière Atys with effect from 3 March 2005 and therefore now holds a 56 per cent stake in French global fruit preparations company Atys.This acquisition is in fulfilment of a contract for the gradual acquisition of a 100…

AGRANA to Carry out Capital Increase

With the consent of the Supervisory Board, the Board of Management of AGRANA Beteiligungs-Aktiengesellschaft has decided in principle to carry out a capital increase by utilizing the authorized capital as approved by the Extraordinary General Meeting of Shareholders held on 5…

AGRANA Continues to Develop well in 3rd Quarter

The Group’s positive development during the first half continued during the third quarter of the current 2004/05 financial year

AGRANA / Wink-Group – Contracts of Sale Effected

On 3 January 2005, Danish AGRANA Group member Vallø Saft, Wink Verwaltungs GmbH and Mr. Anton Franz Wink, of Bingen, Germany, signed a closing agreement that gave legal validity to the contracts for the acquisition of a 100 % stake in Germany’s WINK Group.The necessary…

AGRANA – Maize Starch Factory in Hörbranz (Vorarlberg Province)

At the end of December 2004, AGRANA terminated the lease agreement with Mr. E. Deuring with effect from 30 June 2005. The consequence of the lease termination will be the discontinuation of maize starch production at the Hörbranz site in the course of the first half of 2005.…

AGRANA – Board of Management to ask for Increase in Authorized Capital

The Board of Management of AGRANA Beteiligungs-Aktiengesellschaft will be asking an extraordinary general meeting of the company’s shareholders on 5 November 2004 to pass an anticipatory resolution authorizing a future increase in capital. The application will request…