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AGRANA Beteiligungs-AG Comments on FY 2012/2013 Revenue Outlook; Issues FY 2012/2013 Operating Profit Guidance Above Analysts' Estimates


Thursday, 11 Oct 2012 02:00am EDT 

AGRANA Beteiligungs-AG announced that for the fiscal year 2012/2013 the Company expects revenue to increase to more than EUR 3,000.00 million on overall slight volume growth and continuing high price levels. Furthermore, the Company announced that it should be able to reach an operating profit approximately in line with that of the last fiscal year 2011/2012. For the fiscal year 2011/2012 the Company reported operating profit of EUR 232.42 million. According to I/B/E/S Estimates, analysts on average are expecting the Company to report fiscal year 2012/2013 operating profit of EUR 162.00 million. 

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