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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
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