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    EANS-Adhoc  459  0 Kommentare AGRANA Beteiligungs-AG / After a very strong first quarter, AGRANA forecasts a significant improvement in earnings for the 2017|18 financial year

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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.
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    Earnings/Earnings Forescast
    20.06.2017

    Vienna - In the first quarter of 2017|18 (1 March to 31 May 2017), AGRANA
    improved its earnings before interest and tax (EBIT) from EUR 47.0 million in Q1
    2016|17 to EUR 69.8 million. Revenues during the three months also rose
    slightly, from EUR 665.5 million to EUR 684.2 million.

    Both the extremely favourable development of ethanol prices in the Starch
    segment, in particular, as well as better operating results in the Sugar segment
    contributed to the rise in Group EBIT. Earnings in the Fruit segment were also
    up on the prior year.

    Despite the challenging market environment anticipated in the Sugar segment in
    the second half, AGRANA has raised its guidance for EBIT in the financial year
    2017|18 from a 'moderate' (+5 % to +10 %) to a 'significant' (> +10 %) increase
    due to the improved outlook in the Starch segment.

    The publication of the report for the first quarter 2017|18, including details
    of the segment reporting and the outlook for 2017|18, will take place as
    scheduled on 13 July 2017.

    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
    Tel.: +43-1-211 37-12905
    e-mail:hannes.haider@agrana.com

    Mr. Markus Simak
    Public Relations
    Tel.: +43-1-211 37-12084
    e-mail: markus.simak@agrana.com

    end of announcement euro adhoc
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    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
    ISIN: AT0000603709
    indexes: WBI
    stockmarkets: Berlin, Frankfurt, Stuttgart, Wien
    language: English





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    EANS-Adhoc AGRANA Beteiligungs-AG / After a very strong first quarter, AGRANA forecasts a significant improvement in earnings for the 2017|18 financial year - 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/Earnings …