EANS-Adhoc: AGRANA Beteiligungs-AG / EBIT in Q3 2020|21 significantly up on prior year EAE

Wednesday, 16. December 2020 10:44
  Disclosed inside information pursuant to article 17 Market Abuse Regulation
  (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
  The issuer is responsible for the content of this announcement.

Guidance for full-year EBIT confirmed to be at least prior-year level

Quarterly Report

Vienna - AGRANA's operating result (EBIT) in the third quarter of 2020|21 (1
September to 30 November 2020) amounted to EUR 28.5 million and therefore well
above the figure for Q3 2019|20 (EUR 18.1 million). Consolidated revenues in the
last three months amounted to EUR 656.0 million (Q3 2019|20: EUR 629.4 million).

In the first three quarters of 2020|21 (1 March to 30 November 2020), the Group
generated EBIT of EUR 84.3 million (Q1-Q3 2019|20: EUR 69.8 million). The
increase of 20.8 % is attributable to improved results in the Starch and Sugar
segments. EBIT in the Fruit segment declined due to a difficult market
environment facing fruit juice concentrates. Consolidated revenues after nine
months amounted to EUR 1,965.3 million (Q1-Q3 2019|20: EUR 1,879.4 million).

AGRANA confirms its guidance for the full year 2020|21 and expects consolidated
EBIT to at least be on a par with the prior year. Consolidated annual revenues
are expected to rise slightly to moderately.

Further details relating to the development of business in the first three
quarters of 2020|21 and more information about the various segments will be
published by the Group as scheduled on 14 January 2021.

This press release is available in German and English at www.agrana.com [http://

Further inquiry note:
AGRANA Beteiligungs-AG

Mr. Hannes Haider
Investor Relations
Phone: +43-1-211 37-12905
E-mail: hannes.haider@agrana.com

Mr. Markus Simak
Public Relations
Phone: +43-1-211 37-12084
E-mail: markus.simak@agrana.com

end of announcement                         euro adhoc

issuer:       AGRANA Beteiligungs-AG
              F.-W.-Raiffeisen-Platz  1
              A-1020 Wien
phone:        +43-1-21137-0
FAX:          +43-1-21137-12926
mail:         info.ab@agrana.com
WWW:          www.agrana.com
ISIN:         AT000AGRANA3
indexes:      WBI
stockmarkets: Stuttgart, Frankfurt, Berlin, Wien
language:     English

EAX0002    2020-12-16/10:44

Related Links: AGRANA Beteiligungs AG
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