Brief: Agrana Beteiligungs FY EBIT falls to 121.7 million euros, proposes dividend

Agrana Beteiligungs AG

13/05/2015 08:05

May 13 (Reuters) - Agrana Beteiligungs AG  AGRV.VI : 
    * FY revenue of 2.49 billion euros ($2.80 billion) (prior year 2.84 billion euros) 
    * FY operating profit (EBIT) of 121.7 million euros was well below the prior year's 166.9 
million euros 
    * Dividend proposal of 3.60 euros per share 
    * Outlook for 2015/16: expecting steady revenue, with significant further decrease in EBIT 
    * FY revenue reduction of about 12 pct was driven mainly by declining sugar prices, but also 
by lower prices for isoglucose, ethanol and fruit juice concentrates 
 
Source text for Eikon:  ID:nEuEM20a  
Further company coverage:  AGRV.VI  
 
($1 = 0.8897 euros) 
 
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