SBTi: first food company in Austria with validated emission reduction targets
We confirm our outlook for 2023|24 (EBIT to be significantly higher than for the FY 2022|23)
Cornerstones of AGRANA's Sustainable Value Growth strategy presented at the Annual General Meeting on 7 July 2023
AGRANA Results for H1 2023|24 | 12 October 2023
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H1 2023|24
OVERVIEW - KEY FIGURES
Revenue: € 1,959.5 m
EBITDA1: € 163.7 m
(+9.3%; H1 2022|23: € 1,792.3 m)
(+15.9%; H1 2022|23: € 141.2 m)
Operating profit2: € 112.7 m
EBIT: € 110.9 m
(+30.3%; H1 2022|23: € 86.5 m)
(+899.1%; H1 2022|23: € 11.1 m)
Earnings per share: € 0.97
55
(+385.3%; H1 2022|23: loss of € 0.34)
9,003
Production
sites
Employees (FTEs)
EBITDA represents operating profit before exceptional items, results of equity-accounted JVs, and operating depreciation and amortisation.
Before exceptional items and results of equity-accounted JVs.
AGRANA Results for H1 2023|24 | 12 October 2023
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FINANCIAL YEAR 2023|24
PRIORITIES
We want to move from "crisis mode" back into full "execution and growth" mode
Continue to keep in focus the issues of inflation, economic weakness in Europe and rising interest costs
Consistent working capital management will also remain a key to financial success in the long term
Gradual implementation of AGRANA's Sustainable Value Growth Strategy
AGRANA Results for H1 2023|24 | 12 October 2023
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HIGHLIGHTS STRATEGIC AGENDA
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AGRANA Beteiligungs AG published this content on 12 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 October 2023 05:36:09 UTC.
AGRANA Beteiligungs AG (AGRANA) is an Austria-based company that processes agricultural raw materials. The Company manufactures foods and intermediate products for the downstream food industry, as well as for non-food applications. It operates through three segments: Sugar, Starch and Fruit. The products of the Sugar segment are marketed both directly to consumers through food retailers and to the sugar industry. In the Starch segment, the Company processes and refines mainly corn (maize) and potatoes into starch products. The Fruit segment develops and produces fruit preparations (fruit ingredients) and fruit juice concentrates. The Company operates over 50 production sites globally. The Company's subsidiaries include AGRANA Zucker GmbH, AGRANA Starke GmbH, AGRANA Marketing-und Vertriebsservice Gesellschaft mbH, AGRANA Bioethanol GmbH and Main Process SA, among others. The Company also manufactures animal feed and fertilizers.