Brief: Agrana Beteiligungs AG: Good Start To 2022|23 Financial Year

Agrana Beteiligungs AG

07/07/2022 06:35

July 7 (Reuters) - Agrana Beteiligungs AG  AGRV.VI :
    * GOOD START TO 2022|23 FINANCIAL YEAR: AGRANA ON TRACK
DESPITE
DIFFICULT MARKET ENVIRONMENT
    * Q1 REVENUE: EUR 886.3 MILLION (Q1 PRIOR YEAR: EUR 705.8
MILLION)
    * EBIT: EUR 51.6 MILLION (Q1 PRIOR YEAR: EUR 20.9 MILLION)
    * EBIT MARGIN: 5.8% (Q1 PRIOR YEAR: 3.0%)
    * PROFIT FOR PERIOD: EUR 36.1 MILLION (Q1 PRIOR YEAR: EUR
12.1
MILLION)
    * EQUITY RATIO: 51.0% (28 FEBRUARY 2022: 48.5%)
    * FOR FULL 2022|23 FINANCIAL YEAR, AGRANA EXPECTS A VERY
SIGNIFICANT INCREASE IN OPERATING PROFIT (EBIT). GROUP REVENUE
IS PROJECTED TO SHOW SIGNIFICANT GROWTH

Source text for Eikon:  ID:nEQ53zhJfa 
Further company coverage:  AGRV.VI 

 (Reporting by Paul Carrel)
 ((paul.carrel@thomsonreuters.com;))