AGRANA Beteiligungs-Aktiengesellschaft / AT000AGRANA3
16.04.2024 - 11:48:39AGRANA Beteiligungs-Aktiengesellschaft: Subdued outlook for 2024|25 after solid EBIT in 2023|24; Dividend proposal of € 0.90 per share for the 2023|24 financial year
| EQS-Ad-hoc: AGRANA Beteiligungs-Aktiengesellschaft / Key word(s): Forecast/Dividend 16-Apr-2024 / 11:48 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Subdued outlook for 2024|25 after solid EBIT in 2023|24 Dividend proposal of € 0.90 per share for the 2023|24 financial year Based on provisional results, AGRANA generated operating profit (EBIT) of € 151.0 million in its 2023|24 financial year (1 March 2023 to 29 February 2024), which is in line with its guidance of a very significant improvement compared to the prior year (2022|23: € 88.3 million). Earnings per share rose to € 1.04 (prior year: € 0.25). Consolidated revenue amounted to € 3,786.9 million (prior year: € 3,637.4 million). As previously communicated in the Q3 results published in January 2024, AGRANA sees itself confronted with an increasingly challenging business environment since the fourth quarter of 2023|24 and forecasts EBIT for the 2024|25 financial year which will be significantly below the comparable figure in 2023|24. This decline in results will already become apparent in the first quarter of 2024|25. The Management Board of AGRANA Beteiligungs-AG has today also decided – subject to a corresponding resolution passed by the Supervisory Board – to propose a dividend payout in the amount of € 0.90 per share for the 2023|24 financial year (dividend for 2022|23: € 0.90 per share) to the 37th Annual General Meeting to be held on 5 July 2024. This corresponds to a dividend yield of 6.7 % based on the closing price on the balance sheet date (29 February 2024). The publication of the Annual Report 2023|24 and all the details relating to the annual results for 2023|24 and to the outlook for 2024|25 will take place as scheduled on 14 May 2024. This announcement is available in German and English at www.agrana.com. End of Inside Information 16-Apr-2024 CET/CEST News transmitted by EQS Group AG. www.eqs.com |
| 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: | 1881629 |
| End of Announcement | EQS News Service |
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1881629 16-Apr-2024 CET/CEST
