AGRANA Beteiligungs-AG

Earnings Release • Oct 17, 2001

News Details

Ad-hoc | 17 October 2001 08:07

Agrana Beteiligungs-AG english

AGRANA – Semi annual report for the period ended 31 August 2001 Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– First half of the current financial year 2001/02 (1 March to 31 August 2001): We can be satisfied with developments during the first half of the Groups current financial year, which ran from 1 March through 31 August 2001. Revenues, EBIT and consolidated profit before and after tax were all substantially up on the same period of last year. Figures for the first half of the current financial year (EUR in millions): 1st Half 1st Half Change 2001/02 2000/01 Revenues 403.4 360.2 12.0 % EBIT 27.0 25.6 5.5 % Profit before tax 21.0 14.9 40.9 % Consolidated net profit for the year 13.6 9.7 40.2 % Investment in tangible 23.0 38.2 (39.8 %) fixed assets p.a. (planned) (actual) Staff 4,219 4,471 (252) Outlook for the 2001/02 financial year We expect to record consolidated revenues of EUR 805 million during the 2001/02 financial year (2000/01: EUR 760.2 million). Despite a slight deterioration in economic conditions during the second half of the financial year, we are confident of being able to maintain the healthy profit levels achieved by the Group in 2000/01. Internet: http://www.agrana.com end of ad-hoc-announcement (c)DGAP 17.10.2001 ——————————————————————————– WKN: 060373; Index: Listed: Amtlicher Handel in Wien; Freiverkehr in Frankfurt 170807 Okt 01