Agrana: Strong Results for First Half of 2011|12

Companies ♦ Published: October 13, 2011; 14:11 ♦ (Vindobona)

The Austrian sugar and starch company expects a significant increase in pre-exceptionals operating profit for the full year.

Agrana: Strong Results for First Half of 2011|12 / Picture: © Vindobona.org

In the first half of the 2011|12 financial year (ended 31 August 2011), Agrana markedly boosted both revenue (by 19.7% to € 1,284.7m) and operating profit before exceptional items (by 82.4% to € 118.2m). All three segments – Sugar, Starch and Fruit – contributed to this growth. It reflects both the rewards of the optimization measures taken in the previous years, and good market…

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