Agrana Achieves Significant Rise in Earnings

Businessn.a. ♦ Published: January 12, 2012; 10:09 ♦ (Vindobona)

The Austrian fruit and starch company posts its results for first three quarters of 2011|12. Revenues were up from € 1.62bn to € 1.95bn.

Agrana Achieves Significant Rise in Earnings / Picture: © Vindobona.org

With a very good third quarter for the Group, activities kept up this financial year’s positive trend. Revenue in the first three quarters grew by 20.2% from the prior year’s comparative period, to € 1,952.2m. The revenue growth in all three segments was driven by favourable market trends in Sugar and Starch and was achieved despite slightly lower sales volumes in the Fruit…