Brief: Agrana Beteiligungs FY EBIT Down By 68.6% At EUR 24.7 Mln

Agrana Beteiligungs AG

13/05/2022 06:35

May 13 (Reuters) - AGRANA BETEILIGUNGS AG  AGRV.VI :
    * AGRANA POSTS GROUP REVENUE OF € 2.9 BN AND A SIGNIFICANT
INCREASE IN “OPERATING PROFIT BEFORE EXCEPTIONAL ITEMS AND JV
RESULTS” - BUT HIGH IMPAIRMENT CHARGES DUE TO WAR IN UKRAINE
    * FY EBIT FELL 68.6 PERCENT TO 24.7 MILLION EUR
    * FY UNDERLYING OPERATING PROFIT ROSE 18.3 PERCENT TO 86.5
MILLION
EUR
    * FY REVENUE ROSE 13.9 PERCENT TO 2.902 BILLION EUR
    * FY EPS LOSS FELL 120.8 PERCENT TO 0.20 EUR
    * DIVIDEND PROPOSAL FOR 2021|22: EUR 0.75 PER SHARE
(PRIOR-YEAR
DIVIDEND: EUR 0.85 PER SHARE)
    * FOR 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:nEQ8N558Ya 
Further company coverage:  AGRV.VI 

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