Austrian sugar producer AGRANA lifts FY EBIT forecast after H1 profit surge
Overview
Austria food and agri-commodities firm's H1 2026/27 EBIT rises yr/yr
H1 2026/27 revenue was broadly flat compared to prior year
Company raised full-yr 2026/27 EBIT forecast
Outlook
AGRANA raises 2026/27 EBIT forecast to €90 mln–€110 mln from €70 mln–€90 mln
Company still expects consolidated revenue to rise slightly in 2026/27
Result Drivers
ACS BUSINESS AREA - Co said EBIT growth was mainly due to improved profitability in Agricultural Commodities & Specialities business area
MARKET VOLATILITY - Co said sales and procurement markets remain volatile due to war in Ukraine and conflict in Middle East
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue | EUR 1.70 bln | ||
H1 EBIT | EUR 63.50 mln |
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the food processing peer group is "buy."
Wall Street's median 12-month price target for Agrana Beteiligungs AG is €12.40, about 8.8% above its September 25 closing price of €11.40
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 14 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)