AGRANA presents outlook for 2011|12 financial year Ad hocDatum: 13.05.2011
After record revenue of € 2,165.9 million in 2010|11, AGRANA expects further growth in Group revenue for the 2011|12 financial year.
The Group’s pre-exceptionals operating profit, which rose significantly last year to € 128.1 million, is also to be expanded further in 2011|12.
Following three years of investment below the rate of depreciation, AGRANA plans to increase capital expenditure in 2011|12 to about € 100 million to support the Group’s long-term growth trajectory.
At the Annual General Meeting on 1 July 2011, a dividend increase will be proposed for the 2010|11 financial year, from € 1.95 to € 2.40 per share.
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