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AGRANA Beteiligungs-AG

euro adhoc: AGRANA Beteiligungs-AG
Financial Figures/Balance Sheet / Provisional Results for the 2005|06 Financial Year

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
03.05.2006
According to provisional figures, the AGRANA Group’s revenues grew by
52.9 per cent to EUR 1,499.6 million in the 2005|06 financial year.
Profit from operating activities grew by 9.6 per cent to EUR 99.5
million.  The closure of two out of AGRANA’s 11 sugar factories
caused one-off restructuring expenses of EUR 24.5 million to be
recognized in the annual financial statements, reducing profit from
ordinary activities to EUR 75.0 million (2004|05: EUR 90.8 million).
Consolidated earnings for the year came to EUR 64.7 million, as
against EUR 84.3 million the year before. AGRANA’s provisional
figures as of and for the financial year ended 28 February 2006 were
as follows:
EURmn                                      2005|06        2004|05
Revenues                                 1,499.6          981.0
Profit from operating activities            99.5           90.8
Restructuring expenses                     (24.5)           —
Profit from ordinary activities             75.0           90.8
Profit before tax                           71.7           93.2
Consolidated earnings for the year          64.7           84.3
  - Of which attributable to
    shareholders of AGRANA Beteiligungs-AG  62.7           79.9
  - Of which minorities                      2.0            4.4
The sharp rise in revenues was primarily due to the consolidation of
the Wink Group as of 1 January 2005 and of the Atys Group—the world’s
leader in fruit preparations for the dairy industry—from the second
quarter of 2005|06.  Growth was reinforced by high anticipatory sugar
exports and an increase in world sugar prices.  As expected, profit
from operating activities was up on the year at EUR 99.5 million
despite higher energy costs and narrower margins in the sugar
industry.  However, restructuring dented profit from ordinary
activities to the tune of EUR 24.5 million, less than half of which
will affect cash flow in the next few months.  Another low tax rate
of 9.8 per cent (2004|05: 9.5 per cent) left consolidated earnings
for the year at EUR 64.7 million (2004|05: EUR 84.3 million).
This press release is also available in the Internet at
www.agrana.com.
end of announcement                               euro adhoc 03.05.2006 07:25:00

Further inquiry note:

AGRANA Beteiligungs-AG
Doris Schober
Investor Relations/Corporate Communications
Phone: +43-1-211 37-2084
e-mail: investor.relations@agrana.at

Branche: Food
ISIN: AT0000603709
WKN: 779535
Index: ATX Prime, WBI
Börsen: Wiener Börse AG / official market

Original content of: AGRANA Beteiligungs-AG, transmitted by news aktuell