EANS-Adhoc: AGRANA Beteiligungs-AG
EBIT in Q3 2020|21 significantly up on prior year
-------------------------------------------------------------------------------- Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- Guidance for full-year EBIT confirmed to be at least prior-year level Quarterly Report 16.12.2020 Vienna - AGRANA's operating result (EBIT) in the third quarter of 2020|21 (1 September to 30 November 2020) amounted to EUR 28.5 million and therefore well above the figure for Q3 2019|20 (EUR 18.1 million). Consolidated revenues in the last three months amounted to EUR 656.0 million (Q3 2019|20: EUR 629.4 million). In the first three quarters of 2020|21 (1 March to 30 November 2020), the Group generated EBIT of EUR 84.3 million (Q1-Q3 2019|20: EUR 69.8 million). The increase of 20.8 % is attributable to improved results in the Starch and Sugar segments. EBIT in the Fruit segment declined due to a difficult market environment facing fruit juice concentrates. Consolidated revenues after nine months amounted to EUR 1,965.3 million (Q1-Q3 2019|20: EUR 1,879.4 million). AGRANA confirms its guidance for the full year 2020|21 and expects consolidated EBIT to at least be on a par with the prior year. Consolidated annual revenues are expected to rise slightly to moderately. Further details relating to the development of business in the first three quarters of 2020|21 and more information about the various segments will be published by the Group as scheduled on 14 January 2021. This press release is available in German and English at www.agrana.com [http:// www.agrana.com/]. Further inquiry note: AGRANA Beteiligungs-AG Mr. Hannes Haider Investor Relations Phone: +43-1-211 37-12905 E-mail: hannes.haider@agrana.com Mr. Markus Simak Public Relations Phone: +43-1-211 37-12084 E-mail: markus.simak@agrana.com end of announcement euro adhoc --------------------------------------------------------------------------------
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
ISIN: AT000AGRANA3
indexes: WBI
stockmarkets: Stuttgart, Frankfurt, Berlin, Wien
language: English
Original content of: AGRANA Beteiligungs-AG, transmitted by news aktuell