Agrana Opens 2012|13 With Strong First Quarter

IndustrialsBasic Resources ♦ Published: June 25, 2012; 15:18 ♦ (Vindobona)

The Austrian sugar and starch producer could increase sales by 26.4%. Operating profits rose by 15%.

Agrana Opens 2012|13 With Strong First Quarter / Picture: © Vindobona.org

For the first three months of 2012|13, AGRANA reports an increase in consolidated revenues compared to the prior year from approx. € 613m to approx. € 775m. The operating profit after exceptional items rose compared to the prior period from € 61.6m to € 70.9m.

Due to the high degree of volatility in terms of commodity and selling prices forecast in the coming quarters,…