First Quarter: Agrana Improved Revenue and Earnings

Published: July 14, 2011; 10:10 · (Vindobona)

The Austrian sugar, starch and fruit company increased revenue by 13.4% in the first three months of financial year 2011/2012. Operating profit went up 79.6%.

First Quarter: Agrana Improved Revenue and Earnings / Picture: © Flickr

With a strong first quarter, Agrana continued its good performance in the new financial year. The Group’s revenue rose by 13.4% from the prior year’s first quarter, to € 612.9m. The revenue growth in all three segments reflected the positive market trends for all products, which outweighed lower sales volumes in the Sugar and Fruit segments. Operating profit before exceptional…

This article includes a total of 226 words.

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