EQS-Adhoc: AGRANA Beteiligungs-Aktiengesellschaft: ​​​​​​​Dividend proposal of € 0.75 per share for the 2021|22 financial year

EQS-Ad-hoc: AGRANA Beteiligungs-Aktiengesellschaft / Key word(s):
Dividend/Annual Results
AGRANA Beteiligungs-Aktiengesellschaft: Dividend proposal of € 0.75 per
share for the 2021|22 financial year

25-Apr-2022 / 14:31 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, transmitted by EQS – a service of EQS Group
AG.
The issuer is solely responsible for the content of this announcement.

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Dividend proposal of € 0.75 per share for the 2021|22 financial year
AGRANA reports positive outlook for 2022|23

The Management Board of AGRANA Beteiligungs-AG has today decided – subject
to a corresponding resolution passed by the Supervisory Board – to propose
a dividend payout in the amount of € 0.75 per share for the 2021|22
financial year (dividend for 2020|21: € 0.85 per share) to the 35th Annual
General Meeting to be held on 8 July 2022.

AGRANA therefore remains committed to a predictable, reliable and
transparent dividend policy that is geared to continuity. The dividends
are based on the result as well as on the Group’s cash flow and debt
situation, while simultaneously maintaining a solid balance sheet
structure. Moreover, AGRANA also takes current events such as the war in
Ukraine and the anticipated future development of business into account in
its dividend policy.

Following the conclusion of internal impairment tests, AGRANA generated
earnings before interest and tax (EBIT) in its 2021|22 financial year (1
March 2021 to 28 February 2022) in an amount of € 24.7 million (prior
year: € 78.7 million). The extraordinary items related to the Ukraine war
(largely non-cash expenses related to asset and goodwill impairments)
therefore ultimately amounted to a negative € 72.4 million. Earnings per
share declined to a negative € 0.20 (prior year: € 0.96). Consolidated
revenue amounted to € 2,901.5 million (prior year: € 2,547.0 million).

Despite all of the challenges faced, AGRANA has made a sound start to the
2022|23 financial year and forecasts a very significant improvement in
EBIT in the first quarter of 2022|23. A very considerable increase in EBIT
is also anticipated for the full year 2022|23. In consolidated revenues a
significant increase is forecast. The above statements are based on
assumptions that the war in Ukraine is temporary and remains regional in
its scope, that physical supplies of energy and other commodities are
maintained, and that procurement and distribution markets can in part
return to normal during the 2022|23 financial year. AGRANA also
anticipates that the sharp price rises, particularly those related to the
commodities and energy markets, can be passed on by means of new customer
contracts.

The publication of the Annual Report 2021|22, in addition to all of the
details relating to the annual results for 2021|22 and the outlook for
2022|23, will take place as scheduled on 13 May 2022.

This announcement is available in German and English at [1] www.agrana.com.

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25-Apr-2022 CET/CEST News transmitted by EQS Group AG. www.eqs.com

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Language: English
Company: AGRANA Beteiligungs-Aktiengesellschaft
F.-W.-Raiffeisen-Platz 1
A-1020 Wien
Austria
Phone: +43-1-21137-0
Fax: +43-1-21137-12926
E-mail: investor.relations@agrana.com
Internet: www.agrana.com
ISIN: AT000AGRANA3
WKN: A2NB37
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt,
Munich, Stuttgart, Tradegate Exchange; Vienna Stock Exchange
(Official Market)
EQS News ID: 1334415

 
End of Announcement EQS News Service

1334415  25-Apr-2022 CET/CEST

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