EANS-Adhoc: AGRANA Beteiligungs-AG AGRANA's solid first half drives more
optimistic outlook for full year 2015|16
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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
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Earnings Forecast/6-month report
22.09.2015
In the first half of 2015|16 (the six months to 31 August 2015) AGRANA achieved
operating profit (EBIT) of EUR 68.7 million (H1 prior year: EUR 87.0 million).
Group revenue in the first six months of 2015|16 was EUR 1,263.5 million, a
decrease of 1.7% from one year earlier.
While EBIT in the Sugar segment was down significantly year-on-year as a result
of the market environment, operating profit rose strongly in the Starch segment
thanks to the higher market prices for ethanol.
In view of the Group's solid first-half EBIT and the improved margin forecast in
the ethanol business, AGRANA is upgrading its guidance for EBIT in the 2015|16
financial year from "significantly" to "moderately" below the prior year.
The report on the first half of 2015|16, including further details on the
segments and the outlook for 2015|16, will be published on 8 October 2015 as
planned.
This announcement is available in German and English at www.agrana.com.
Further inquiry note:
AGRANA Beteiligungs-AG
Mag.(FH) Hannes Haider
Investor Relations
Tel.: +43-1-211 37-12905
e-mail:hannes.haider@agrana.com
Mag.(FH) Markus Simak
Public Relations
Tel.: +43-1-211 37-12084
e-mail: markus.simak@agrana.com
end of announcement euro adhoc
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issuer: AGRANA Beteiligungs-AG
F.-W.-Raiffeisen-Platz 1
A-1020 Wien
phone: +43-1-21137-0
FAX: +43-1-21137-12926
mail: info.ab@agrana.com
WWW: www.agrana.com
sector: Food
ISIN: AT0000603709
indexes: WBI, ATX Prime
stockmarkets: Präsenzhandel: Berlin, Stuttgart, Frankfurt, official market: Wien
language: English