Financial News

AGRANA opens new fruit preparations plant in Changzhou (China)

AGRANA now with three facilities in China

AGRANA registers significant earnings reduction for first three quarters of 2018|19

First three quarters of 2018|19 at a glance Revenue: € 1,863.5 million (-7.3%; Q1-Q3 prior year: € 2,010.6 million) EBIT: € 63.5 million (-63.0%; Q1-Q3 prior year: € 171.6 million) EBIT margin: 3.4% (Q1-Q3 prior year: 8.5%) Profit for the period: € 37.0 million (-71.0%;…

AGRANA reiterates earnings forecast for full 2018|19 financial year

Profit in first half of 2018|19 significantly below prior year as sugar and bioethanol businesses weigh on results

Disclosure pursuant to Article 135, para. 1, of the Austrian Stock Exchange Act (BörseG)

AGRANA Beteiligungs-Aktiengesellschaft (FN 99489h) hereby announces that the total number of voting rights as at the end of July 2018 amounts to 62,488,976. The capital stock remains unchanged at € 113,531,274.76.The increase in the number of shares, from 15,622,244…

AGRANA discloses details of 1:4 share split resolution

At the 31st ordinary Annual General Meeting of AGRANA-Beteiligungs-Aktiengesellschaft, Vienna, on 6 July 2018, a resolution was passed pertaining to a 1:4 share split. As a result, the number of shares will rise from 15,622,244 at present to 62,488,976. The capital stock will…

AGRANA earnings decrease in first quarter of 2018|19

Unchanged forecast for full year 2018|19, with steady revenue and a significant reduction in EBITAGRANA, the global manufacturer of fruit products, starch and sugar, as expected started the 2018|19 financial year with a significant quarterly decrease in operating profit…

AGRANA Annual General Meeting votes to increase dividend

The 31th ordinary Annual General Meeting of AGRANA Beteiligungs-AG today voted to increase the dividend from €4.00 to €4.50 per share for the 2017|18 financial year. “Following the positive development of earnings in 2017|18, we are adhering to our reliable dividend policy,”…

AGRANA acquires stake in Algerian fruit preparations producer ELAFRUITS SPA

The fruit, starch and sugar group AGRANA has extended its presence in the African market by acquiring 49% of the shares in Elafruits SPA, an Algerian producer of fruit preparations. Located in Akbou, around 200 km east of Algiers, this company with a workforce of around 100…

Substantial decline in EBIT in the first quarter of 2018|19

Group guidance for the full year confirmedIn the first quarter of 2018|19 (1 March to 31 May 2018), AGRANA’s operating profit (EBIT) amounted to € 37.0 million (Q1 2017|18: € 69.8 million). The significant decline was due to lower selling prices for sugar and isoglucose as…

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AGRANA: significant EBIT growth in 2017|18 financial year

Operating profit (EBIT) up across all segments; Outlook: significant reduction in EBIT ahead Revenue: € 2,566.3 million (up 0.2%; prior year: € 2,561.3 million) Operating profit (EBIT): € 190.6 million (up 10.6%; prior year: € 172.4 million) All segments contributed to the…

SUNOKO negotiations placed on hold

AGRANA Beteiligungs-AG and Agri Europe Cyprus Ltd., Limassol|Cyprus, today agreed to place the negotiations on the acquisition of the Serbian sugar company Sunoko d.o.o., Novi Sad|Serbia, on hold. The reason behind this is the challenging European sugar market environment.Do…

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Dividend proposal of € 4.50 per share for the 2017|18 financial year

AGRANA achieves higher consolidated EBIT in 2017|18; weaker outlook for 2018|19

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AGRANA’s first three quarters significantly ahead of one year earlier

In the first three quarters of the 2017|18 financial year, AGRANA Beteiligungs-AG achieved slight year-on-year growth of 2.2% in Group revenue to € 2,010.6 million (Q1-Q3 prior year: € 1,967.5 million). Profit for the period rose to € 171.6 million, an increase of 24.6% from the…

Accident at the AGRANA corn starch mill in Aschach/Donau

At around 08:00 this morning, an accident occurred at the corn starch mill in Aschach an der Donau as a result of an operator error which triggered a chemical reaction and the release of chlorine gas. This caused 37 people on the site to experience respiratory problems.After…

AGRANA EBIT grows 45% – Outlook: Significant earnings growth confirmed for full year 2017|18

AGRANA, the Sugar, Starch and Fruit manufacturer, is delivering compelling results for the first half of the 2017|18 financial year.

AGRANA opens additional facility at the corn starch mill in Aschach an der Donau | Upper Austria

Today, AGRANA opened a new facility at its corn starch mill in Aschach an der Donau in Upper Austria. Following the investment of around EUR 80 million, AGRANA has increased its processing capacity at the plant by a third to 540,000 tonnes of corn per year. The additional…

AGRANA profit jumps in first quarter of 2017|18

EBIT surge of 48.5% / Outlook for full 2017|18 financial year: Expecting significant increase in EBIT and moderate growth in revenue

AGRANA Annual General Meeting votes for unchanged dividend of € 4.00

The 30th ordinary Annual General Meeting of AGRANA Beteiligungs-AG today voted to payout a dividend of €4.00 per share for the 2016|17 financial year. This is equivalent to that of the prior year.The Annual General Meeting also discharged the members of the Management Board,…

AGRANA plans to double wheat starch capacity in Pischelsdorf, Lower Austria

At today’s supervisory board meeting, the Supervisory Board of AGRANA Beteiligungs-AG has approved plans to double the production capacity of the wheat starch factory in Pischelsdorf, Lower Austria. The total investment volume will amount to EUR 92 million. After obtaining the…

After a very strong first quarter, AGRANA forecasts a significant improvement in earnings for the 2017|18 financial year

In the first quarter of 2017|18 (1 March to 31 May 2017), AGRANA improved its earnings before interest and tax (EBIT) from € 47.0 million in Q1 2016|17 to € 69.8 million. Revenues during the three months also rose slightly, from € 665.5 million to € 684.2 million.Both the…

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