AGRANA successfully concludes 2021|22 sugar beet processing campaign
EQS-Media / 11.02.2022 / 09:59
AGRANA successfully concludes 2021|22 sugar beet processing campaign
* Sugar production volume amounts to around 850,000 tonnes (of which
455,000 tonnes in Austria)
* CEO Markus Mühleisen: “Beet revenues for farmers rise significantly”
Following the conclusion of beet processing at its Tulln site (Lower
Austria) on 9 February, AGRANA has successfully completed the 2021|22
sugar beet campaign at all seven of its beet sugar processing plants in
Austria, Hungary, the Czech Republic, Slovakia and Romania.
Based on an average processing period of 112 days, 5.7 million tonnes
(prior year: 4.8 million tonnes) of sugar beet were processed to make
around 850,000 tonnes (prior year: 650,000 tonnes) of sugar. The average
yield per hectare, based on a total planted area of 85,700 hectares, was
around 67 tonnes, equivalent to five tonnes more than in the prior year.
In Austria, an area of around 37,850 hectares was harvested to produce
455,000 tonnes of sugar – including 16,000 tonnes of organic sugar – from
approximately 3.0 million tonnes of sugar beet (prior year: 2.1 million
tonnes). The average yield per hectare in Austria rose to 80 tonnes (prior
year: 79 tonnes). The favourable weather conditions last year had a
positive impact on sugar beet quality. A dry and warm June was followed by
moderate temperatures and frequent rain. The mild September and dry
October, accompanied by cooler night-time temperatures at the start of the
harvesting season, led to a significant increase in the sugar content to
17.2% (prior year: 15.4%). The average sugar content in all AGRANA
countries was also 17.2% (prior year: 15.1%).
AGRANA CEO Markus Mühleisen: “We are delighted about the excellent quality
of the sugar beet and the positive development in terms of hectare yields.
Our contract farmers also benefit from significantly higher sugar beet
revenues. This is not only due to the higher sugar content but also a
result of the increased market price and the higher minimum price for beet
agreed with the beet farmers. In light of the favourable market forecast,
we call upon all farmers who have not yet concluded contracts to take
advantage of the option available until March and to commit their beet
fields for sowing in spring.”
About AGRANA
AGRANA converts agricultural raw materials into high-quality foods and
numerous industrial intermediate products. Around 9,000 employees at 55
production facilities worldwide generate annual Group revenue of
approximately € 2.5 billion. The Group was founded in 1988, is the global
leader in fruit preparations and also a major producer of fruit juice
concentrates in Europe as well as being a key manufacturer of customised
potato, corn and wheat starch products as well as organic ethanol in its
Starch segment. AGRANA is one of the leading sugar companies in Central
and Eastern Europe.
This press release is available in German and English at
[1]www.agrana.com.
For queries, please contact
Markus Simak
Public Relations
+43 1 21137 12084
markus.simak@agrana.com
End of Media Release
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Issuer: AGRANA Beteiligungs-Aktiengesellschaft
Key word(s): Industry
11.02.2022 This Press Release was distributed 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: 1279649
End of News EQS Media
1279649 11.02.2022
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