|25 after solid EBIT in 2023|24; Dividend proposal of EUR 0.90 per share for the 2023|24 financial year

===
EQS-Ad-hoc: AGRANA Beteiligungs-Aktiengesellschaft / Key word(s): Forecast/Dividend
AGRANA Beteiligungs-Aktiengesellschaft: Subdued outlook for 2024|25 after solid EBIT in 2023|24; Dividend proposal of EUR
0.90 per share for the 2023|24 financial year
16-Apr-2024 / 11:48 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News
- a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Subdued outlook for 2024|25 after solid EBIT in 2023|24
Dividend proposal of EUR 0.90 per share for the 2023|24 financial year
Based on provisional results, AGRANA generated operating profit (EBIT) of EUR 151.0 million in its 2023|24 financial year
(1 March 2023 to 29 February 2024), which is in line with its guidance of a very significant improvement compared to
the prior year (2022|23: EUR 88.3 million). Earnings per share rose to EUR 1.04 (prior year: EUR 0.25). Consolidated revenue
amounted to EUR 3,786.9 million (prior year: EUR 3,637.4 million).
As previously communicated in the Q3 results published in January 2024, AGRANA sees itself confronted with an
increasingly challenging business environment since the fourth quarter of 2023|24 and forecasts EBIT for the 2024|25
financial year which will be significantly below the comparable figure in 2023|24. This decline in results will already
become apparent in the first quarter of 2024|25.
The Management Board of AGRANA Beteiligungs-AG has today also decided - subject to a corresponding resolution passed by
the Supervisory Board - to propose a dividend payout in the amount of EUR 0.90 per share for the 2023|24 financial year
(dividend for 2022|23: EUR 0.90 per share) to the 37th Annual General Meeting to be held on 5 July 2024. This corresponds
to a dividend yield of 6.7 % based on the closing price on the balance sheet date (29 February 2024).
The publication of the Annual Report 2023|24 and all the details relating to the annual results for 2023|24 and to the
outlook for 2024|25 will take place as scheduled on 14 May 2024.
This announcement is available in German and English at www.agrana.com.

End of Inside Information  
16-Apr-2024 CET/CEST News transmitted by EQS Group AG. www.eqs.com  
Language:     English 
Company:      AGRANA Beteiligungs-Aktiengesellschaft 

F.-W.-Raiffeisen-Platz 1
A-1020 Wien
Austria

Phone:        +43-1-21137-0 
Fax:          +43-1-21137-12926 
E-mail:       investor.relations@agrana.com 
Internet:     www.agrana.com 
ISIN:         AT000AGRANA3 
WKN:          A2NB37 
Listed:       Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich, Stuttgart, Tradegate Exchange; 

Vienna Stock Exchange (Official Market)
EQS News ID: 1881629

End of Announcement EQS News Service
===
1881629 16-Apr-2024 CET/CEST

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1881629&application_name=news

END) Dow Jones Newswires

April 16, 2024 05:48 ET (09:48 GMT)