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    AST   NL0000686509

ASTARTA HOLDING N.V.

(AST)
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Delayed Warsaw Stock Exchange  -  12:05 2022-07-01 pm EDT
19.24 PLN   -2.83%
07/01ASTARTA N : EBRD Supports Food Security Loan to Astarta
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06/17ASTARTA N : Resolutions adopted at the Annual General Meeting of Shareholders of ASTARTA Holding N.V.
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06/09ASTARTA N : Changes in the Astarta-Kyiv Management
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Ukraine sugar producer Astarta completes 2022 sugar sowing

05/16/2022 | 09:14am EDT

KYIV (Reuters) - Ukraine's major white sugar producer, Astarta, has completed sowing at 33,000 hectares, almost the same acreage as it sowed in 2021, the company said on Monday.

In 2021, Astarta sowed 33,500 hectares for sugar beet, or almost 15% of the country's overall beet sowing area.

"We are convinced that we should not reduce agricultural production during the war, on the contrary, its current scale must be preserved," the company quoted Vadym Skrypnyk, director for agricultural production and storage, as saying.

The company said it also sowed 38,000 hectares of corn, 40,000 hectares of soybeans, 55,000 hectares of winter wheat, 30,000 hectares of sunflower and some acreage of other crops.

Astarta produced 266,000 tonnes of white sugar from its 2021 harvest, processing 1.8 million tonnes of sugar beet.

That was up from 2020 when it harvested about 1.5 million tonnes of sugar beet and refined 226,000 tonnes of white sugar for a market share of 22%.

The agriculture ministry said last week farmers had sown 181,400 hectares of sugar beet as of May 12 compared with 224,700 hectares at the same date in 2021.

(Reporting by Pavel Polityuk; editing by Jason Neely)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
ASTARTA HOLDING N.V. -2.83% 19.24 Delayed Quote.-54.62%
CORN FUTURES (C) - CBR (FLOOR)/C1 -0.51% 777.25 End-of-day quote.31.02%
S&P GSCI CORN INDEX -1.43% 511.6615 Real-time Quote.4.47%
S&P GSCI SOY BEANS INDEX -4.30% 553.9449 Real-time Quote.4.18%
SOYBEAN MEAL FUTURES (ZM) - CBE (ELECTRONIC)/C1 -1.75% 461.7 End-of-day quote.14.14%
WHEAT FUTURES (W) - CBR (FLOOR)/C1 -1.70% 1157.5 End-of-day quote.50.18%
All news about ASTARTA HOLDING N.V.
07/01ASTARTA N : EBRD Supports Food Security Loan to Astarta
PU
06/17ASTARTA N : Resolutions adopted at the Annual General Meeting of Shareholders of ASTARTA H..
PU
06/09ASTARTA N : Changes in the Astarta-Kyiv Management
PU
05/30ASTARTA N : "Сьогодні є вl..
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05/18TRANSCRIPT : ASTARTA Holding N.V., Q1 2022 Earnings Call, May 18, 2022
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05/17ASTARTA Holding N.V. Reports Earnings Results for the First Quarter Ended March 31, 202..
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05/16Ukraine sugar producer Astarta completes 2022 sugar sowing
RE
05/16ASTARTA N : Completed Spring Planting 2022
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04/15ASTARTA N : The Embassy of Switzerland in Ukraine, Astarta and the Charitable Foundation "..
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04/15ASTARTA N : Annual General Meeting of Shareholders of ASTARTA Holding N.V
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Financials
Sales 2022 543 M 565 M 565 M
Net income 2022 61,1 M 63,5 M 63,5 M
Net Debt 2022 - - -
P/E ratio 2022 1,71x
Yield 2022 21,6%
Capitalization 99,2 M 103 M 103 M
Capi. / Sales 2022 0,18x
Capi. / Sales 2023 -
Nbr of Employees 4 046
Free-Float 27,1%
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Mean consensus HOLD
Number of Analysts 1
Last Close Price 4,09 €
Average target price 9,59 €
Spread / Average Target 134%
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Managers and Directors
Viktor Petrovich Ivanchyk Chief Executive Officer & Executive Director
Viktor Gladky CFO, Financial Director & Executive Director
Howard Dahl Chairman
Gilles Andre Roger Mettetal Independent Director
Marcus van Campen Executive Director & Chief Corporate Officer
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