from AGRANA Beteiligungs-Aktiengesellschaft (isin : AT000AGRANA3)
EQS-Adhoc: AGRANA Beteiligungs-Aktiengesellschaft: Restructuring-related exceptional items in fourth quarter reduce Group EBIT for 2024|25
EQS-Ad-hoc: AGRANA Beteiligungs-Aktiengesellschaft / Key word(s): Annual Results/Preliminary Results
AGRANA Beteiligungs-Aktiengesellschaft: Restructuring-related exceptional items in fourth quarter reduce Group EBIT for 2024|25
25-March-2025 / 11:43 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.
The issuer is solely responsible for the content of this announcement.
AD-HOC ANNOUNCEMENT
Publication of inside information under article 17 MAR
Vienna, 25 March 2025
Restructuring-related exceptional items in fourth quarter reduce Group EBIT for 2024|25
FY 2024|25 operating profit before exceptionals and JVs is slightly above own expectations
During preparation of the AGRANA Group’s consolidated financial statements for the year ended 28 February 2025, a preliminary, unaudited operating profit of € 76.5 million before exceptional items and results of equity-accounted joint ventures has been identified, which is slightly above the upper end of the expected range of € 55 million to € 75 million.
The Group’s preliminary, unaudited operating profit (EBIT) for the 2024|25 financial year (1 March 2024 to 28 February 2025) was € 45.6 million (2023|24: € 151.0 million) and it includes a net exceptional items expense of € 36.4 million. This is mainly due to the restructuring measures in connection with the implementation of the NEXT LEVEL corporate strategy and includes impairment losses of about € 17.4 million on assets of the sugar plants in Leopoldsdorf, Austria, and Hrušovany, Czech Republic, as well as expenses of around € 17.6 million for further reorganisation measures (primarily for staff costs). The Group's preliminary revenue amounts to about € 3.5 billion for the financial year (2023|24: € 3.8 billion).
| € million | 2024|25 (preliminary) | 2023|24 |
| Revenue | 3,514.0 | 3,786.9 |
| Operating profit before exceptionals and JVs1 | 76.5 | 176.7 |
| Share of results of equity-accounted joint ventures | 5.5 | 1.4 |
| Exceptional items | (36.4) | (27.0) |
| Operating profit [EBIT] | 45.6 | 151.0 |
The 2024|25 annual results and annual report will be published on 9 May 2025 as scheduled.
This announcement is available in German and English at www.agrana.com.
1 EBIT before exceptional items and results of equity-accounted joint ventures.
End of Inside Information
25-March-2025 CET/CEST News transmitted by EQS Group. 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: | 2105964 |
| End of Announcement | EQS News Service |
2105964 25-March-2025 CET/CEST