16.12.2020, 2031 Zeichen

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/].
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
Digital press kit: http://www.ots.at/pressemappe/4/aom

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Agrana

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1. Agrana Geschäftsbericht 2019/2020 - Alle Details und zum Report unter - https://boerse-social.com/companyreports/2020/214375/agrana_geschaftsbericht_20192020   >> Öffnen auf photaq.com

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