EQS-Ad-hoc: AGRANA Beteiligungs-Aktiengesellschaft / Key word(s): Annual Results Operating profit in 2022|23 financial year significantly higher than expected Provisional, unaudited operating profit of € 158 million The preparation of the consolidated financial statements of the AGRANA Group for the period to 28 February 2023 reveals a provisional, unaudited operating profit of € 158 million, which is therefore significantly higher than the Company’s own guidance (“up to +50% compared to prior year”). The provisional consolidated earnings before interest and tax (EBIT)* for the 2022|23 financial year (1 March 2022 to 28 February 2023) amount to € 88 million (2021|22: € 24.7 million). EBIT takes into account impairment charges taken against assets and goodwill in the amount of € 91 million which were recognised in the half-year financial statements (prior year: net exceptional items expense of € 70 million). Group revenue will amount to € 3.6 billion (2021|22: € 2.9 billion). AGRANA’s Management Board currently forecasts a very significant improvement in EBIT during the ongoing 2023|24 financial year (more than +50 %). The assumption is that consolidated revenue will increase significantly (by more than +10 % and up to +50 %). Key uncertainties however remain the war in Ukraine and its consequences. The 2022|23 annual results and the 2022|23 annual report will be published as scheduled on 17 May 2023. This announcement is available in German and English at www.agrana.com. *After exceptional items and share of results of equity-accounted joint ventures
27-March-2023 CET/CEST News transmitted by EQS Group AG. www.eqs.com |
Language: | English |
Company: | AGRANA Beteiligungs-Aktiengesellschaft |
F.-W.-Raiffeisen-Platz 1 | |
A-1020 Wien | |
Austria | |
Phone: | +43-1-21137-0 |
Fax: | +43-1-21137-12926 |
E-mail: | investor.relations@agrana.com |
Internet: | www.agrana.com |
ISIN: | AT000AGRANA3 |
WKN: | A2NB37 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich, Stuttgart, Tradegate Exchange; Vienna Stock Exchange (Official Market) |
EQS News ID: | 1593279 |
End of Announcement | EQS News Service |
1593279 27-March-2023 CET/CEST