Agrana’s first three quarters significantly ahead of one year earlier

BusinessEarnings ♦ Published: January 11, 2018; 07:30 ♦ (Vindobona)

In the first three quarters of the 2017|18 financial year, Agrana Beteiligungs-AG achieved slight year-on-year growth of 2.2% in Group revenue to EUR 2,010.6 million (Q1-Q3 prior year: EUR 1,967.5 million).

Agrana’s first three quarters significantly ahead of one year earlier / Picture: © Vindobona.org

Profit for the period rose to EUR 171.6 million, an increase of 24.6% from the year-earlier result of EUR 137.7 million. "Earnings for the first nine months were satisfactory on balance thanks to the strong first half of the year. As expected, EBIT in the third quarter was significantly lower than one year earlier due to recently increased raw material costs from the 2017 harvest and…

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ISIN
AT0000603709