AI Terminal
AGRANA Beteiligungs-AG
Earnings Release • Sep 16, 2020
733_iss_2020-09-16_156b7f12-c194-45ef-8716-1820c4c2854f.pdf
Earnings Release
Open in ViewerOpens in native device viewer
Publication Date: 16.09.2020 13:16 EANS-Adhoc: AGRANA Beteiligungs-AG / AGRANA expects consolidated EBIT for 2020|21 of at least prior-year level
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.
Earnings Forecast/Mid Year Results 16.09.2020
Vienna - The provisional EBIT of AGRANA Beteiligungs-AG in the first half year of 2020|21 (1 March to 31 August 2020) amounts to EUR 55.8 million and is therefore moderately above the figure for H1 2019|20 (EUR 51.7 million). Provisional consolidated revenues in the first six months amount to EUR 1,309.3 million (H1 2019|20: EUR 1,250.0 million).
The forecast for the full 2020|21 financial year of AGRANA Beteiligungs-AG has until now been subject to the unquantifiable economic and financial impacts as well as the further development of the COVID-19 pandemic. Following the availability of the provisional half-year figures for 2020|21 and due to a revised internal forecast which takes the possible impacts of the coronal virus crisis into account as accurately as possible, AGRANA now anticipates consolidated EBIT in the 2020|21 financial year which is at least on a par with the prior year (2019|20: EUR 87.1 million). Consolidated annual revenues are expected to rise slightly to moderately (2019|20: EUR 2,480.7 million).
On the grounds of the ongoing COVID-19 pandemic and the associated high degree of volatility in all segments, forecasts remain characterised by a very high level of uncertainty and do not take into account any financial impacts of possibly closing the sugar refinery in Leopoldsdorf|Austria following the end of the 2020 production campaign.
Further details relating to the development of business in the first half of 2020|21 and the various segments will be published by the Group as scheduled on 8 October 2020.
This press release is available in German and English at www.agrana.com [http:// www.agrana.com/en].
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: Frankfurt, Stuttgart, Berlin, Wien language: English
Aussendung übermittelt durch euro adhoc The European Investor Relations Service