Agrana Increases Earnings in First Three Quarters

Companies ♦ Published: December 22, 2011; 09:33 ♦ (Vindobona)

The Austrian sugar and starch company expects revenues of € 2.5bn fort he full year 2011/12.

Agrana Increases Earnings in First Three Quarters / Picture: © Vindobona.org

For the first nine months of 2011/12, Agrana reports an increase in consolidated revenues compared to the prior year from approx. € 1,624m to approx. € 1,952m. The operating profit before exceptional items rose compared to the prior year from € 104.8m to € 198.7m. This growth was generated by the Sugar and Starch segments.

Due to this positive development in the first…