Brief: Agrana Beteiligungs H1 EBIT At EUR 51.7 Mln

Agrana Beteiligungs AG

10/10/2019 06:37

Oct 10 (Reuters) - AGRANA BETEILIGUNGS AG  AGRV.VI :
    * H1 OPERATING PROFIT (EBIT) OF EUR 51.7 MILLION, A DECREASE
OF
17.9% YEAR-ON-YEAR (H1 PRIOR YEAR: EUR 63.0 MILLION)
    * H1 REVENUE WAS STABLE, AT EUR 1,250.0 MILLION (H1 PRIOR
YEAR:
EUR 1,261.0 MILLION)
    * H1 PROFIT FOR PERIOD WAS EUR 28.9 MILLION (H1 PRIOR YEAR:
EUR
39.9 MILLION)
    * OUTLOOK 2019|20: EXPECTS A SIGNIFICANT INCREASE IN GROUP
EBIT
DESPITE CONTINUING MAJOR CHALLENGES IN SUGAR SEGMENT 
    * OUTLOOK 2019|20: REVENUE IS PROJECTED TO SHOW MODERATE
GROWTH
    * IN 2019|20 FINANCIAL YEAR AGRANA GROUP PLANS TO INVEST EUR
140
MILLION

Source text for Eikon:  ID:nAPA4hvL9N 
Further company coverage:  AGRV.VI 

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