Brief: Agrana H1 (March To August) Provisional EBIT Up At EUR 55.8 Mln

Agrana Beteiligungs AG

16/09/2020 12:22

Sept 16 (Reuters) - AGRANA BETEILIGUNGS AG  AGRV.VI :
    * PROVISIONAL EBIT OF AGRANA BETEILIGUNGS-AG IN FIRST HALF
YEAR OF
2020|21 (1 MARCH TO 31 AUGUST 2020) AMOUNTS TO EUR 55.8 MILLION
AND IS THEREFORE MODERATELY ABOVE FIGURE FOR H1 2019|20 (EUR
51.7 MILLION)
    * CONSOLIDATED REVENUES IN FIRST SIX MONTHS AMOUNT TO EUR
1,309.3
MILLION (H1 2019|20: EUR 1,250.0 MILLION)
    * OUTLOOK 2020: FORECAST FOR FULL 2020|21 FINANCIAL YEAR OF
AGRANA
BETEILIGUNGS-AG HAS UNTIL NOW BEEN SUBJECT TO UNQUANTIFIABLE
ECONOMIC AND FINANCIAL IMPACTS AS WELL AS FURTHER DEVELOPMENT OF
COVID-19 PANDEMIC
    * AGRANA NOW ANTICIPATES CONSOLIDATED EBIT IN 2020|21
FINANCIAL
YEAR WHICH IS AT LEAST ON A PAR WITH PRIOR YEAR (2019|20: EUR
87.1 MILLION)
    * OUTLOOK 2020: CONSOLIDATED ANNUAL REVENUES ARE EXPECTED TO
RISE
SLIGHTLY TO MODERATELY (2019|20: EUR 2,480.7 MILLION).

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

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