Austria's AGRANA Q1 operating profit soars on strength in starch segment

Agrana Beteiligungs AG

09/07/2026 06:42

Overview
Austria food and industrial goods group's fiscal Q1 revenue fell 2.8% yr/yr
Fiscal Q1 EBIT surged 521% yr/yr, driven by efficiency measures and margin improvement
Company expects full-year EBIT to rise significantly and revenue to increase slightly

Outlook
AGRANA expects 2026|27 group EBIT to be significantly higher than previous yr
Company projects 2026|27 group revenue to show a slight increase
AGRANA plans cost-saving measures with annual effect up to €110 mln in 2026|27

Result Drivers
STARCH MARGINS - Higher margins in the ethanol business drove EBIT growth in the Starch segment
SUGAR COST SAVINGS - Lower production costs from cost-saving and restructuring measures improved operating result in Sugar segment
BEVERAGE MARGINS - Lower contribution margins in beverages led to a slight EBIT decline in Food & Beverage Solutions segment

Company press release: ID:nEQ68rZZza

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Consol Profit
 
EUR 19.30 mln
 
Q1 EBIT Margin
 
4.10%
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the food processing peer group is "buy."
Wall Street's median 12-month price target for Agrana Beteiligungs AG is €12.40, about 7.4% above its July 8 closing price of €11.55
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 27 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)