Earnings Release • Sep 22, 2015
Earnings Release
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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
Earnings Forecast/6-month report
In the first half of 2015|16 (the six months to 31 August 2015) AGRANA achieved operating profit (EBIT) of EUR 68.7 million (H1 prior year: EUR 87.0 million). Group revenue in the first six months of 2015|16 was EUR 1,263.5 million, a decrease of 1.7% from one year earlier.
While EBIT in the Sugar segment was down significantly year-on-year as a result of the market environment, operating profit rose strongly in the Starch segment thanks to the higher market prices for ethanol.
In view of the Group's solid first-half EBIT and the improved margin forecast in the ethanol business, AGRANA is upgrading its guidance for EBIT in the 2015|16 financial year from "significantly" to "moderately" below the prior year.
The report on the first half of 2015|16, including further details on the segments and the outlook for 2015|16, will be published on 8 October 2015 as planned.
This announcement is available in German and English at www.agrana.com.
Further inquiry note: AGRANA Beteiligungs-AG
Mag.(FH) Hannes Haider
Investor Relations
Tel.: +43-1-211 37-12905
e-mail:[email protected]
Mag.(FH) Markus Simak
Public Relations
Tel.: +43-1-211 37-12084
| e-mail: [email protected] | ||||
|---|---|---|---|---|
| issuer: | AGRANA Beteiligungs-AG | |||
| F.-W.-Raiffeisen-Platz 1 | ||||
| A-1020 Wien | ||||
| phone: | +43-1-21137-0 | |||
| FAX: | +43-1-21137-12926 | |||
| mail: | [email protected] | |||
| WWW: | www.agrana.com | |||
| sector: | Food | |||
| ISIN: | AT0000603709 | |||
| indexes: | WBI, ATX Prime | |||
| stockmarkets: Präsenzhandel: Berlin, Stuttgart, Frankfurt, official market: Wien | ||||
| language: | English | |||
Aussendung übermittelt durch euro adhoc The European Investor Relations Service
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