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Agroton Public Limited

Earnings Release Apr 23, 2013

5489_er_2013-04-23_2812e50f-4c02-4dc5-9f9a-68efbe7ace3d.pdf

Earnings Release

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AGROTON PUBLIC LIMITED:

Correction to the disclosed indicative financial result for fiscal year 2012

The Board of Directors of Agroton Public Limited ("Agroton", the "Company") announces that it has proceeded to changes to the indicative financial result for the year ended 31.12.2012 that was announced on the 28th February 2013, [and which was prepared in accordance with the provisions of Article 13 of the Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Laws of 2007 and 2009]. The revised indicative financial result of Agroton is exhibited below.

Indicative financial result for the year ended 31.12.2012

Amounts in USD 000's 2012 2011 Change
Total Revenue 99,496 122,080 (18.5)%
Sales revenue 88,055 99,738 (11.7)%
Gain from changes in fair value less cost to sell of biological
assets and agricultural products, net 11,441 22,342 (48.8)%
Cost of sales (82,454) (94,217) (12.5)%
Gross profit 17,042 27,863 (38.8)%
Administrative expenses (7,612) (6,121) 24.4%
Distribution expenses (1,240) (963) 28.8%
Other income 14,168 11,616 22.0%
Other expenses (7,759) (26,624) (70.9)%
Finance income 114 110 3.6%
Finance expenses (7,986) (5,595) 42.7%
Net finance cost (7,872) (5,485) 43.5%
Profit/(loss) before taxation 6,727 286 2,252.1%
Income tax expense (4) (16) (75.0)%
Profit/(loss) from continuing operations 6,723 270 2,390.0%

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