Agrana Beteiligungs AG
F:AGB2
Utilize notes to systematically review your investment decisions. By reflecting on past outcomes, you can discern effective strategies and identify those that underperformed. This continuous feedback loop enables you to adapt and refine your approach, optimizing for future success.
Each note serves as a learning point, offering insights into your decision-making processes. Over time, you'll accumulate a personalized database of knowledge, enhancing your ability to make informed decisions quickly and effectively.
With a comprehensive record of your investment history at your fingertips, you can compare current opportunities against past experiences. This not only bolsters your confidence but also ensures that each decision is grounded in a well-documented rationale.
Do you really want to delete this note?
This action cannot be undone.
| 52 Week Range |
10
13.5
|
| Price Target |
|
We'll email you a reminder when the closing price reaches EUR.
Choose the stock you wish to monitor with a price alert.
This alert will be permanently deleted.
Agrana Beteiligungs AG
Agrana Beteiligungs AG engages in the manufacturing of sugar, the supply of customized starch products, and the production of bioethanol, fruit preparations and fruit juice concentrates. The company is headquartered in Wien, Wien and currently employs 8,815 full-time employees. The firm manufactures foods and intermediate products for the downstream food industry, as well as for non-food applications. The company operates through three segments: Sugar, Starch and Fruit. The products of the Sugar segment are marketed both directly to consumers through food retailers and to the sugar industry. In the Starch segment, the Company processes and refines mainly corn (maize) and potatoes into starch products. The Fruit segment develops and produces fruit preparations (fruit ingredients) and fruit juice concentrates. The firm operates over 50 production sites globally. The firm's subsidiaries include AGRANA Zucker GmbH, AGRANA Starke GmbH, AGRANA Marketing-und Vertriebsservice Gesellschaft mbH, AGRANA Bioethanol GmbH and Main Process SA, among others. The firm also manufactures animal feed and fertilizers.
Agrana Beteiligungs AG engages in the manufacturing of sugar, the supply of customized starch products, and the production of bioethanol, fruit preparations and fruit juice concentrates. The company is headquartered in Wien, Wien and currently employs 8,815 full-time employees. The firm manufactures foods and intermediate products for the downstream food industry, as well as for non-food applications. The company operates through three segments: Sugar, Starch and Fruit. The products of the Sugar segment are marketed both directly to consumers through food retailers and to the sugar industry. In the Starch segment, the Company processes and refines mainly corn (maize) and potatoes into starch products. The Fruit segment develops and produces fruit preparations (fruit ingredients) and fruit juice concentrates. The firm operates over 50 production sites globally. The firm's subsidiaries include AGRANA Zucker GmbH, AGRANA Starke GmbH, AGRANA Marketing-und Vertriebsservice Gesellschaft mbH, AGRANA Bioethanol GmbH and Main Process SA, among others. The firm also manufactures animal feed and fertilizers.
Revenue: AGRANA reported revenue of EUR 2.494 billion for the first 9 months, down about 8% year-on-year.
Profitability: EBIT for the first 9 months was EUR 48.4 million, despite EUR 22.8 million in exceptional restructuring expenses in the sugar segment.
Segment Performance: Food & Beverage Solutions continued to deliver strong earnings, while the Starch segment improved due to seasonal factors and higher ethanol prices; Sugar remained negative but showed some improvement.
Guidance: Management confirmed full-year guidance for a significant EBIT increase and expects to end closer to the upper range of EUR 45–60 million.
Cost Savings: The NEXT LEVEL strategy remains on track, with cost savings targets increased to up to EUR 60 million for the year.
M&A Activity: Completed acquisition of the remaining AUSTRIA JUICE shares for around EUR 50 million and announced a EUR 35 million acquisition of Mercator-Emba to grow Food & Beverage Solutions.
Sugar Market Pressure: Sugar prices remain under pressure due to oversupply in Europe, with management stating at least EUR 600 per tonne is needed for profitability in the segment.