EANS-Adhoc: AGRANA Beteiligungs-AG
AGRANA's solid first half drives more
optimistic outlook for full year 2015|16
-------------------------------------------------------------------------------- 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 22.09.2015 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:hannes.haider@agrana.com Mag.(FH) Markus Simak Public Relations Tel.: +43-1-211 37-12084 e-mail: markus.simak@agrana.com 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: info.ab@agrana.com WWW: www.agrana.com sector: Food ISIN: AT0000603709 indexes: WBI, ATX Prime stockmarkets: Präsenzhandel: Berlin, Stuttgart, Frankfurt, official market: Wien language: English
Original content of: AGRANA Beteiligungs-AG, transmitted by news aktuell