First Quarter: Agrana Improved Revenue and Earnings

Industrials › Basic Resources ♦ 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: © Vindobona.org

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…

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