AGRANA Beteiligungs-Aktiengesellschaft WBAG:AGR Stock Report

AGRANA Beteiligungs-AG Announces Management Changes

First quarter 2023 earnings released: EPS: €0.55 (vs €0.20 in 1Q 2022)

First quarter 2023 results: EPS: €0.55 (up from €0.20 in 1Q 2022). Revenue: €886.3m (up 26% from 1Q 2022). Net income: €34.1m (up 169% from 1Q 2022). Profit margin: 3.8% (up from 1.8% in 1Q 2022). Over the next year, revenue is forecast to grow 6.2%, compared to a 9.0% growth forecast for the industry in Austria. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 2% per year.

AGRANA Beteiligungs-Aktiengesellschaft Provides Earnings Guidance for the Financial Year 2022-23

AGRANA Beteiligungs-Aktiengesellschaft provided earnings guidance for the financial year 2022-23. For the year, the company expects a very significant increase in operating profit (EBIT). Group revenue is projected to show significant growth. This forecast is based on the assumption that the war in Ukraine is temporary and remains regionally limited, that the physical supplies of energy and raw materials are ensured and that the Group's target markets and procurement markets partially return to normal within the 2022-23 financial year.