euro adhoc: AGRANA Beteiligungs-AG
Financial Figures/Balance Sheet
AGRANA
Preliminary Results for the 2007|08 Financial Year
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annual report
07.05.2008
Based on preliminary data, in the 2007|08 financial year AGRANA, the international sugar, starch and fruit group, generated revenue of EUR 1,892.3 million (2006|07: EUR 1,915.8 million). The slight revenue decrease resulted from a base effect, as the prior year, unlike 2007|08, included an additional two months of results in the Fruit segment to align the segment's year end with that of AGRANA. Based on a straight twelve-month comparison that removes this effect, Group revenue grew by 6%. Operating profit before exceptional items rose from EUR 107.0 million to EUR 111.4 million or by 4%, driven largely by the benign trend in the Starch and Fruit segments. Due to restructuring costs and other exceptional items in all segments, operating profit after exceptional items eased from the prior year's EUR 105.8 million to EUR 101.5 million in the 2007|08 financial year.
After taxes, profit for the period was EUR 63.8 million (prior year: EUR 71.1 million). The net financial items deficit rose by EUR 16.1 million, reflecting the capital expenditures and the financing expenses for more working capital as a result of the higher commodity costs.
Preliminary financial results for the year ended 29 February 2008:
2007|08 2006|07 Revenue EURm 1,892.3 1,915.8 Operating profit before exceptional EURm 111.4 107.0 items Exceptional items, including EURm -9.9 -1.2 restructuring Operating profit after exceptional EURm 101.5 105.8 items Profit before tax EURm 73.1 93.5 Profit for the period EURm 63.8 71.1 - Attributable to equity holders of the parent 64.3 68.9 - Minority interests -0.5 2.2 Earnings per share EUR 4.53 4.85
In the 2007|08 financial year, AGRANA remained on a growth trajectory in the Starch and Fruit segments, while business performance in Sugar was affected by the profound changes in the European sugar market and the accompanying need for consolidating measures. Fruit was the largest segment at 45% of Group revenue, followed by Sugar with a share of 40% and Starch with 15% of revenue.
The final results for the 2007|08 financial year will be published on 21 May 2008.
end of announcement euro adhoc
Further inquiry note:
AGRANA Beteiligungs-AG
Mag. Maria Fally
Investor Relations
Tel.: +43-1-211 37-12905
e-mail:maria.fally@agrana.com
Mag. Ulrike Pichler
Public Relations
Tel.: +43-1-211 37-12084
e-mail:ulrike.pichler@agrana.com
Branche: Food
ISIN: AT0000603709
WKN: 779535
Index: WBI, ATX Prime
Börsen: Börse Berlin / Präsenzhandel
Börse Frankfurt / Präsenzhandel
Börse Stuttgart / Präsenzhandel
Wiener Börse AG / official market