Key Developments: Agrana Beteiligungs AG (AGRV.VI)
Latest Key Developments (Source: Significant Developments)
AGRANA Beteiligungs-AG Issues FY 2012/2013 Revenue Guidance In Line with Analysts' Estimates; Confirms FY 2012/2013 Earnings Outlook
AGRANA Beteiligungs-AG announced that for the fiscal year 2012/2013 it expects its revenue to increase. For the fiscal year 2011/2012 the Company reported revenue of EUR 2,577.63 million. Furthermore, the Company announced that it has confirmed its guidance for the fiscal year 2012/2013 and expects earnings slightly below the prior fiscal year 2011/2012 result. According to I/B/E/S Estimates, analysts on average are expecting the Company to report fiscal year 2012/2013 revenue of EUR 2,628.95 million. Full Article
AGRANA Beteiligungs-AG announced that the Ordinary Annual Shareholders' Meeting of the Company approved an increase in the dividend payout from EUR 2.40 per share to EUR 3.60 per share for the fiscal year 2011/2012. Full Article
FRANKFURT, Feb 25 - Z&S Zucker und Staerke, a joint venture of Germany's Suedzucker and Zucker Beteiligungsgesellschaft, has increased its stake in Austrian sugar, starch and fruit group Agrana, Suedzucker said in a statement on Tuesday.