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AGRANA profit jumps in first quarter of 2017|18

Published: July 13, 2017; 07:30 · (Vindobona)

AGRANA, the global sugar, starch and fruit products manufacturer, kicked off the 2017|18 financial year with a strong rise in EBIT. The Group's revenue increased slightly to EUR 684.2 million in the first quarter ended 31 May 2017, up 2.8% from the first three months of the prior year. EBIT, at EUR 69.8 million, was up by a compelling 48.5% from the year-earlier quarter.

AGRANA profit jumps in first quarter of 2017|18 / Picture: © Vindobona

Corporate news transmitted by euro adhoc with the aim of a Europewide distribution. The issuer is responsible for the content of this announcement.

- EBIT surge of 48.5%
- Outlook for full 2017|18 financial year: Expecting significant increase in
EBIT and moderate growth in revenue

Quarterly Report/Financial Figures 1st Quarter

Wien - AGRANA, the global…

This article includes a total of 1114 words.

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ISIN
AT0000603709