Agrana Posts Strong Results

Businessn.a. ♦ Published: July 12, 2012; 14:22 ♦ (Vindobona)

The Austrian sugar and starch company announced its results for first quarter of 2012|13 (ended 31 May 2012): sound business performance is sustained in first three months.

Agrana Posts Strong Results / Picture: © Vindobona.org

In the first quarter of the new financial year, Agrana continued the prior year’s upward trend. Group revenue grew by 26.4% from the prior year’s first quarter, to € 774.6m. While revenue in the Starch segment was approximately in line with one year earlier, revenue in the Sugar and Fruit segments rose on volume growth. The strong pre-exceptionals operating profit,…