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EANS-Adhoc: AGRANA Beteiligungs-AG / AGRANA with solid performance in Q1 2014|15 but weaker full-year guidance

June 27, 2014

PR Newswire/euro adhoc/ EANS-Adhoc: AGRANA Beteiligungs-AG / AGRANA with solid performance in Q1 2014|15 but weaker full-year guidance ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. Earnings Forecast/3-month report 27.06.2014 In the first quarter 2014|15 (1 March to 31 May 2014), AGRANA generated earnings before interest and tax (EBIT) of EUR 52.9 million (Q1 2013|14(1): EUR 59.6 million). The declining prices in the Sugar and Fruit segments as well as for bioethanol led also to a drop in revenue to EUR 647.2 million (Q1 2013|14(1): EUR 800.0 million). Due to the assumption that the pressure on sugar and bioethanol prices will endure, AGRANA now assumes that there will be a significant slowing in terms of EBIT for the full year 2014|15 (FY 2013|14(1): EUR 167.0 million). With regard to consolidated revenue (FY 2013|14(1): EUR 2,841.7 million), a decline is expected on the grounds of lower average prices and slight increases in volumes sold. Further details relating to the development of business and the various segments will be published by the Group as scheduled on 10 July 2014. This announcement is available in German and English at (1) The prior-year data have been restated under IAS 8 in conjunction with IFRS 11 (Joint Arrangements). Further inquiry note: AGRANA Beteiligungs-AG Mag.(FH) Hannes Haider Investor Relations Tel.: +43-1-211 37-12905 e-mail: Mag.(FH) Markus Simak Public Relations Tel.: +43-1-211 37-12084 issuer: AGRANA Beteiligungs-AG F.-W.-Raiffeisen-Platz 1 A-1020 Wien phone: +43-1-21137-0 FAX: +43-1-21137-12045 mail: WWW: sector: Food ISIN: AT0000603709 indexes: WBI, ATX Prime stockmarkets: PrÄsenzhandel: Berlin, Stuttgart, Frankfurt, official market: Wien language: English The content and accuracy of news releases published on this site and/or distributed by PR Newswire or its partners are the sole responsibility of the originating company or organisation. Whilst every effort is made to ensure the accuracy of our services, such releases are not actively monitored or reviewed by PR Newswire or its partners and under no circumstances shall PR Newswire or its partners be liable for any loss or damage resulting from the use of such information. All information should be checked prior to publication.

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Source: PR Newswire TOD Wire

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