EQS-News: AGRANA posts significantly improved first-half results
EQS-News: AGRANA Beteiligungs-Aktiengesellschaft / Key word(s): Half Year
Results
AGRANA posts significantly improved first-half results
08.10.2026 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.
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AGRANA posts significantly improved first-half results
Outlook for 2026|27 financial year: EBIT expected to range from €90
million to €110 million
Food and industrial goods company AGRANA significantly improved its
results in the first half of 2026|27. With Group revenue stable at
€1,700.2 million, operating profit (EBIT) rose from €28.0 million to €63.5
million. This was driven primarily by improvements in EBIT in the ACS –
Starch segment to €17.2 million (prior year: €3.1 million) and in the ACS
– Sugar segment to a loss of €2.0 million (prior year: loss of €36.3
million).
AGRANA CEO Stephan Büttner: “Overall, the AGRANA Group performed in line
with our expectations in the first half of 2026|27. Despite the
challenging market environment, we were able to improve our operating
performance and continue to make progress with key strategic projects. The
planned integration of AUSTRIA JUICE and Mercator-Emba remains one of our
priorities. Both companies are already strengthening our Food & Beverage
Solutions business area. Our focus is on realising synergies, creating
more efficient international structures and developing innovative joint
solutions for customers. With the signing of the purchase agreement for
the planned acquisition of esarom, we have taken another important
strategic step as part of our portfolio strategy.”
Financial key figures for the AGRANA Group, first half of 2026|27 (1 March
– 31 August 2026)
€m (except as otherwise H1 2026|27 H1 2025|26 Q2 2026|27 Q2 2025|26
indicated)
Revenue 1,700.2 1,691.6 844.9 811.4
EBITDA[1]^[1] 110.4 106.1 51.3 53.7
Operating profit before
exceptional items and 57.4 52.2 24.2 26.6
results of equity-accounted
joint ventures
Share of results of
equity-accounted joint 4.9 (3.4) 2.3 (1.8)
ventures
Exceptional items 1.2 (20.8) 1.6 (2.5)
Operating profit (EBIT) 63.5 28.0 28.1 22.3
EBIT margin 3.7 % 1.7 % 3.3 % 2.7 %
Profit for the period 37.5 1.1 18.3 9.1
Investment[2]^[2] 43.1 44.7 27.0 28.7
Net financial items amounted to an expense of € 12.3 million, down from a
net expense of € 19.7 million in the prior-year comparative period; the
improvement was primarily due to a better foreign exchange result and a
lower net interest expense. After a tax expense of €13.7 million,
corresponding to a tax rate of 26.8% (H1 prior year: 85.5%), profit for
the period amounted to €37.5 million (H1 prior year: €1.1 million). Net
financial debt as of August 31, 2026, stood at € 464.1 million, which was
€ 43.1 million higher than the figure as of February 28, 2026. The gearing
ratio of the quarterly balance sheet date was 41.2 % (28 February, 2026:
39.2 %).
Food & Beverage Solutions (FBS)
€m (except as otherwise H1 2026|27 H1 2025|26 Q2 2026|27 Q2 2025|26
indicated)
Revenue 896.4 859.1 447.7 415.0
Operating profit (EBIT) 60.3 68.0 26.7 31.6
EBIT margin 6.7 % 7.9 % 6.0 % 7.6 %
Revenue in the FBS segment amounted to €896.4 million in the first half of
2026|27, moderately above the prior-year level. Volume and price effects
resulted in a moderate increase in revenue in the formulations business,
while revenue in the beverages business declined significantly due to
price effects. Segment EBIT decreased to €60.3 million (H1 prior year:
€68.0 million), while the result in the formulations business was
moderately above the corresponding period.
Agricultural Commodities & Specialities (ACS) – Starch
€m (except as otherwise H1 2026|27 H1 2025|26 Q2 2026|27 Q2 2025|26
indicated)
Revenue 508.1 506.5 256.1 248.7
Operating profit (EBIT) 17.2 3.1 6.9 0.3
EBIT margin 3.4 % 0.6 % 2.7 % 0.1 %
Revenue in the ACS – Starch segment totalled to €508.1 million in the
first six months of 2026|27, remaining at the prior-year level despite
lower selling prices for starch and saccharification products. Higher
sales volumes for the main products, as well as increased ethanol prices,
offset this price decline. Sales of native and modified starches, in
particular, performed satisfactorily. At € 17.2 million, EBIT in the ACS –
Starch segment was very significantly higher than the figure for the
corresponding period of the previous year. The main reason for this was
the increase in margins in the ethanol business.
Agricultural Commodities & Specialities (ACS) – Sugar
€m (except as otherwise H1 2026|27 H1 2025|26 Q2 2026|27 Q2 2025|26
indicated)
Revenue 280.4 309.6 134.3 139.5
Operating profit/(loss) (2.0) (36.3) 0.7 (6.8)
EBIT margin (0.7 %) (11.7 %) 0.5 % (4.9 %)
Revenue in the ACS – Sugar segment amounted to €280.4 million in the first
six months of 2026|27, almost 10 % below the prior-year level.
Significantly higher sugar sales to retail customers were unable to offset
the negative impact of sharply lower retail prices and lower sales volumes
in the industrial sector. The rise in oil prices linked to the war in the
Near and Middle East together with the expected expansion of Brazilian
ethanol production recently led to a significant increase in global market
prices. In H1 2026|27, the ACS – Sugar segment recorded an EBIT loss of €
2.0 million, a marked improvement over the same period last year.
Outlook
For the full 2026|27 financial year, AGRANA expects EBIT to be very
significantly above the prior-year level (EBIT 2025|26: €3.2 million), and
expects EBIT of between €90 million to €110 million. Group revenue is
expected to increase slightly.
EBIT for the third quarter of the 2026|27 financial year is forecast to be
very significantly above the level of the prior-year period (Q3 2025|26:
€20.4 million).
Total investment by the AGRANA Group is expected to amount to
approximately €113 million, moderately above the 2025|26 level but below
the planned level of depreciation of approximately €117 million.
ABOUT AGRANA
AGRANA adds value to agricultural raw materials: As an international food
and industrial goods company, we process agricultural raw materials to
create high-end solutions for food products, beverages and industrial
applications. Around 8,400 employees working in its two business areas,
Food & Beverage Solutions and Agricultural Commodities & Specialities,
generate annual Group revenue of approximately € 3.2 billion at 50
production facilities worldwide. Founded in 1988, AGRANA is today the
global market leader in fruit preparations, a leading global producer of
apple and berry juice concentrates and a major supplier of sugar,
customer-specific starch products and bioethanol.
This press release is accessible in German and English at www.agrana.com.
For queries, please contact:
Markus Simak, Public Relations
+43 1 21137 12084, [3]markus.simak@agrana.com
Hannes Haider, Investor Relations
+43 1 21137 12905, [4]hannes.haider@agrana.com
[5]^[1]EBITDA represents operating profit before: exceptional items,
results of equity-accounted joint ventures, and operating depreciation and
amortisation.
[6]^[2] Investment represents purchases of property, plant and equipment
and intangible assets, excluding goodwill.
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08.10.2026 CET/CEST This Corporate News was distributed by [7]EQS Group
View original content: [8]EQS News
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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 Dusseldorf, Frankfurt, Munich,
Stuttgart, Tradegate BSX; Vienna Stock Exchange (Official
Market)
LEI Code: 5299006C0EVA5LAYOR30
EQS News ID: 2412138
End of News EQS News Service
2412138 08.10.2026 CET/CEST
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