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AGRANA Beteiligungs-AG

EANS-Adhoc: AGRANA Beteiligungs-AG
Preliminary Results for the 2008|09 Financial Year

  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.
Company Information
06.05.2009
Based on preliminary data, in the 2008|09 financial year AGRANA, the 
international sugar, starch and fruit group, achieved revenue growth 
of 7.1% to EUR 2,026.3 million (prior year: EUR 1,892.3 million). The
revenue expansion was driven by growth in the Starch segment, through
capacity expansion in bioethanol production in Hungary and the 
commissioning of a new bioethanol plant in Austria.
Operating profit before exceptional items declined to EUR 37.8 
million (from 111.4 million in the prior year). The factors behind 
the contraction were write- downs required on apple juice concentrate
in the first half of 2008|09, the expense for restructuring payments 
in the course of the European sugar market reform, the strong 
increase in energy costs from one year earlier, and disturbances in 
agricultural raw materials markets.
The result before tax fell to a loss of EUR 32.4 million (previous 
year: profit of EUR 73.1 million). The principal reason for this was 
a significant deterioration in net financial items to a net expense 
of EUR 67.1 million (prior year: net financial items expense of EUR 
28.4 million), as the sharply declining exchange rates in some 
Eastern European countries during the fourth quarter of 2008|09 led 
to unrealised losses. The Group registered a loss for the year of EUR
15.9 million after tax (prior year: profit for the year of EUR 63.8 
million after tax).
Preliminary financial results for the year ended 28 February 2009
                                                 2008|09     2007|08
Revenue                                  EURm    2,026.3     1,892.3
Operating profit before exceptional      EURm       37.8       111.4
items
Net exceptional items                    EURm      (3.2)       (9.9)
Operating profit after exceptional items EURm       34.6       101.5
(Loss)/profit before tax                 EURm     (32.4)        73.1
Net financial items                      EURm     (67.1)      (28.4)
(Loss)/profit for the year               EURm     (15.9)        63.8
- Attributable to equity holders of AGRANA        (11.6)        64.3
Beteiligungs-AG                                    (4.3)       (0.5)
- Minority interests
(Loss)/profit per share                  EUR      (0.82)        4.53
In the financial year the Fruit segment generated 39.7% of Group 
revenue, followed by Sugar at 34.7% and Starch at 25.6%.
The final results for the 2008|09 financial year will be published on
20 May 2009.
end of announcement                               euro adhoc

Further inquiry note:

Investor Relations
Mag. Maria Fally
+43 1 21137 12905
maria.fally@agrana.com

Public Relations
Mag. Ulrike Pichler
+43 1 21137 12084
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

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