Earnings Release • Dec 16, 2020
Earnings Release
Open in ViewerOpens in native device viewer
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.
Guidance for full-year EBIT confirmed to be at least prior-year level
Quarterly Report 16.12.2020
Vienna - AGRANA's operating result (EBIT) in the third quarter of 2020|21 (1 September to 30 November 2020) amounted to EUR 28.5 million and therefore well above the figure for Q3 2019|20 (EUR 18.1 million). Consolidated revenues in the last three months amounted to EUR 656.0 million (Q3 2019|20: EUR 629.4 million).
In the first three quarters of 2020|21 (1 March to 30 November 2020), the Group generated EBIT of EUR 84.3 million (Q1-Q3 2019|20: EUR 69.8 million). The increase of 20.8 % is attributable to improved results in the Starch and Sugar segments. EBIT in the Fruit segment declined due to a difficult market environment facing fruit juice concentrates. Consolidated revenues after nine months amounted to EUR 1,965.3 million (Q1-Q3 2019|20: EUR 1,879.4 million).
AGRANA confirms its guidance for the full year 2020|21 and expects consolidated EBIT to at least be on a par with the prior year. Consolidated annual revenues are expected to rise slightly to moderately.
Further details relating to the development of business in the first three quarters of 2020|21 and more information about the various segments will be published by the Group as scheduled on 14 January 2021.
This press 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 Phone: +43-1-211 37-12905 E-mail: [email protected]
Mr. Markus Simak Public Relations Phone: +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: | AT000AGRANA3 |
| indexes: | WBI |
| stockmarkets: Stuttgart, Frankfurt, Berlin, Wien | |
| language: | English |
Aussendung übermittelt durch euro adhoc The European Investor Relations Service
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.