Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.
AGRANA achieves much lower consolidated EBIT in 2018|19; brighter outlook for 2019|20
Dividend Announcements/Distribution
09.04.2019
Vienna – The Management Board of AGRANA Beteiligungs-AG has today decided to propose a dividend payout in the amount of EUR 1.00 per share for the 2018|19 financial year (dividend for 2017|18: EUR 1.125* per share) to the 32nd Annual General Meeting to be held on 5 July 2019.
AGRANA thereby demonstrates its continuing commitment 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 at the same time maintaining a solid balance sheet structure.
According to preliminary figures, AGRANA achieved an operating result (EBIT) as forecast of EUR 66.6 million in its 2018|19 financial year (1 March 2018 to 28 February 2019), significantly lower than that of the prior year (2017|18: EUR 190.6 million). Group revenue amounted to EUR 2,443.0 million (2017|18: EUR 2,566.3 million).
Despite the ongoing major challenges in the Sugar segment, the AGRANA Group again expects a significant improvement (between +10% and +50%) in its consolidated EBIT for the 2019|20 financial year.
The publication of the Annual Report 2018|19, in addition to all of the details relating to the annual results for 2018|19 and the outlook for 2019|20, will take place as scheduled on 13 May 2019.
This press release is available in German and English at www.agrana.com [http:// www.agrana.com/].
*1:4 share split in July 2018 (number of shares as of 28 February 2019:
62,488,976)
end of announcement euro adhoc
issuer: AGRANA Beteiligungs-AG
F.-W.-Raiffeisen-Platz 1
A-1020 Wien
phone: +43-1-21137-0
FAX: +43-1-21137-12926
mail: info.ab@agrana.com
WWW: www.agrana.com
ISIN: AT000AGRANA3
indexes: WBI
stockmarkets: Wien, Berlin, Stuttgart, Frankfurt
language: English
Digital press kit: http://www.ots.at/pressemappe/4/aom
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