AGRANA Beteiligungs-AG / EBIT in the third quarter of 2021 | 22 at 31.2 million euros higher than expected

15.12.2021

Dissemination of inside information in accordance with Article 17 MAR by euro adhoc with a view to distribution throughout Europe. The source is responsible for the content.

Group EBIT target unchanged for the full year

Business Figures / Balance Sheet / Quarterly Report December 15, 2021

VIENNA – EBIT for AGRANA Beteiligungs-AG in Q3 2021 | 22 (September 1 to November 30, 2021) is higher than expected at €31.2 million (Q3 2020 | 21: €28.5 million). Driver has significantly higher sales in the starch segment, due to historically higher ethanol prices.

Thus, AGRANA generated an operating profit (EBIT) of €76.0 million in the first three quarters of 2021 | 22 (March 1 to November 30, 2021) (Q1 – 3 2020 | 21: €84.3 million). Sales revenue was €2,169.6 million (Q1 – 3 2020 | 21: €1,965.3 million).

The guidance for fiscal year 2021 remains | 22 full with a significant increase in EBIT unchanged; Profit from operations must be increased by at least 10%.

Due to the extreme volatility of raw materials and energy prices and the re-exacerbation of COVID-19 – the fourth wave along with the emergence of the new Omikron variable – the outlook for the year as a whole is characterized by a very high degree of uncertainty.

As planned, the group will publish more details about the progress of the business in the first three quarters of 2021 | 22 and more information on individual sectors on January 13, 2022.

This message is available in German and English at www.agrana.com [https://
www.agrana.com/] to get rid of them.

Source: AGRANA Beteiligungs-AG F.-W.-Raiffeisen-Platz 1 A-1020 Vienna Phone: +43-1-21137-0 Fax: +43-1-21137-12926 Email: [email protected] WWW: www.agrana.com ISIN: AT000AGRANA3 Indicators: World Bank Institute stock exchanges: Frankfurt, Berlin, Stuttgart, Vienna Language: German

BSN . podcast

Podcasts for young investors of all ages

Agrana

current pointer: 17.22 / 17.34
time: 14:33:02
Change to last SK: -0.12%
post SK: 17.30 (-1.14%)

photo credit

1. Winner of the VÖNIX Sustainability Awards: Agrana, BKS Bank, Palfinger – Vienna Stock Exchange Prize 2021 >> Open on photaq.com

Stocks on the radar:Polytech GroupAnd MARINOMED BIOTECHAnd pornographicAnd Telecom AustriaAnd WarimpexAnd Capch TrafficcomAnd ATXAnd ATX PrimeAnd ATX KidsAnd ZumtobelAnd AndritzAnd AT&SAnd PalfingerAnd WeinerburgerAnd faceAnd VIGAnd StrabagAnd AMSAnd RosenbauerAnd compoundAnd CA ImmoAnd LindyAnd AllianzAnd AdidasAnd pumaAnd Delivery ChampionAnd DaimlerAnd RWEAnd ZalandoAnd SartoriusAnd Siemens Healtheners.

random partner

---

Liechtensteinische Landesbank (Austria) AG
Liechtensteinische Landesbank (Österreich) AG is Austria’s leading asset management bank with assets under management of over €22 billion and more than 230 employees (as of June 30, 2019). The fully independent Austrian bank is also active in the countries of Central and Eastern Europe, in Italy and Germany. As a 100 percent subsidiary of Liechtensteinische Landesbank AG (LLB), Vaduz, LLB Austria also benefits from the stability and excellent creditworthiness of its owner.

>> Visit 67 other partners boerse-social.com/partner

More current OTS news here