AGRANA Beteiligungs-AG

Earnings Release • Jan 12, 2005

News Details

Ad-hoc | 12 January 2005 07:42

Agrana Beteiligungs-AG: AGRANA Continues to Develop well in 3rd Quarter

Agrana Beteiligungs-AG: AGRANA Continues to Develop well in 3rd Quarter Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­ AGRANA Continues to Develop well in 3rd Quarter Sales revenues were EUR 47.1 million or 20.2 per cent up on the same quarter of the previous financial year at EUR 280.5 million, and sales revenues during the first three quarters advanced by EUR 13.5 percent to EUR 753.0 million (2003/04: EUR 663.2 million). Profit from operating activities during the first three quarters was 31.3 per cent up on the year at EUR 82.3 million (2003/04: EUR 62.7 million). Consolidated earnings in the nine months ended 30 November 2004 were 77.8 per cent up on the year at EUR 72.9 million (2003/04: EUR 41.0 million), as a result of which per-share earnings in the first three quarters advanced to EUR 6.61 (2003/04: EUR 3.72). AGRANA’s Key Figures (1 Mar – 30 Nov) Q1 – Q3 in EUR mn 2004/05 2003/04 Revenues 753.0 663.2 Profit from operating activities 82.3 62.7 Profit before income tax 85.2 60.6 Consolidated earnings 72.9 41.0 Earnings per share in EUR 6.61 3.72 Capital expenditure on tangible non-current assets – during year planned 62.9 51.8 – in Q1 – Q3 39.6 25.0 Staff 4,971 3,919 Outlook In the light of the Group’s healthy development, we are confident that full- year sales revenues during the 2004/05 financial year will grow by 15 per cent to approximately EUR 996 million. We expect full-year profit from operating activities to advance by 17 per cent to roughly EUR 90 million, and thanks to a very low taxation ratio, consolidated earnings should be slightly more than 30 per cent up on the year. Agrana Beteiligungs-AG Donau-City-Straße 9 (Strabag-Haus) 1220 Wien Austria ISIN: AT0000603709 WKN: 060370 Listed: Amtlicher Handel in Wien End of ad hoc announcement (c)DGAP 12.01.2005 120742 Jän 05