Earnings Release • Apr 24, 2018
Earnings Release
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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.
AGRANA achieves higher consolidated EBIT in 2017|18; weaker outlook for 2018|19
Dividend Announcements/Distribution 24.04.2018
Vienna - The Management Board of AGRANA Beteiligungs-AG has today decided to propose a dividend payout in the amount of EUR 4.50 per share for the 2017|18 financial year (dividend for 2016|17: EUR 4.00 per share) to the 31st Annual General Meeting to be held on 6 July 2018.
The Management Board justifies the increase on grounds of the positive development of business in 2017|18. In its 2017|18 financial year (1 March 2017 to 28 February 2018), AGRANA achieved an operating result (EBIT) of EUR 190.6 million, significantly higher as forecast than that of the prior year (2016|17: EUR 172.4 million). Group revenue of EUR 2,566.3 million remained comparable with the prior period (2016|17: EUR 2,561.3 million).
On grounds of the challenges currently facing the Sugar segment, a significant decline in terms of EBIT is forecast for the ongoing 2018|19 financial year, in line with current market expectations.
The publication of the Annual Report 2017|18, in addition to all of the details relating to the annual results for 2017|18 and the outlook for 2018|19, will take place as scheduled on 8 May 2018.
This release is available in German and English at www.agrana.com [http:// www.agrana.com/].
Further inquiry note: AGRANA Beteiligungs-AG
Mr. Hannes Haider Investor Relations Tel.: +43-1-211 37-12905 e-mail:[email protected]
Mr. Markus Simak Public Relations Tel.: +43-1-211 37-12084 e-mail: [email protected]
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: | [email protected] |
| WWW: | www.agrana.com |
| ISIN: | AT0000603709 |
| indexes: | WBI |
| stockmarkets: Wien, Berlin, Stuttgart, Frankfurt | |
| language: | English |
Aussendung übermittelt durch euro adhoc The European Investor Relations Service
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