Record Results at Agrana

Businessn.a. ♦ Published: May 15, 2012; 11:51 ♦ (Vindobona)

The Austrian sugar and starch company could raise revenues and earnings significantly. The dividend increases to € 3.60 per share. A moderate increase in revenue is expected.

Record Results at Agrana / Picture: ©

Agrana, the sugar, starch and fruit products manufacturer, grew revenue by 19% in the 2011|12 financial year to a historic high of € 2,577.6m. Pre-exceptionals operating profit soared 80.7% to € 232.4m. The revenue growth in all three segments reflected favourable market trends in the Sugar, Starch and Fruit businesses. The exceptionally powerful operating profit growth was driven…