Dividend proposal of € 1.00 per share for the 2018|19 financial year Ad-Hoc

AGRANA achieves much lower consolidated EBIT in 2018|19; brighter outlook for 2019|20

Date: 09.04.2019

The Management Board of AGRANA Beteiligungs-AG has today decided to propose a dividend payout in the amount of € 1.00 per share for the 2018|19 financial year (dividend for 2017|18: € 1.125* per share) to the 32nd Annual General Meeting to be held on 5 July 2019.

 

AGRANA thereby demonstrates its continuing commitment to a predictable, reliable and transparent dividend policy that is geared to continuity. The dividends are based on the result as well as on the Group’s cash flow and debt situation, while at the same time maintaining a solid balance sheet structure.

 

According to preliminary figures, AGRANA achieved an operating result (EBIT) as forecast of € 66.6 million in its 2018|19 financial year (1 March 2018 to 28 February 2019), significantly lower than that of the prior year (2017|18: € 190.6 million). Group revenue amounted to € 2,443.0 million (2017|18: € 2,566.3 million).

 

Despite the ongoing major challenges in the Sugar segment, the AGRANA Group again expects a significant improvement (between +10% and +50%) in its consolidated EBIT for the 2019|20 financial year.

 

The publication of the Annual Report 2018|19, in addition to all of the details relating to the annual results for 2018|19 and the outlook for 2019|20, will take place as scheduled on 13 May 2019.

 


*1:4 share split in July 2018 (number of shares as of 28 February 2019: 62,488,976)

 

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