07.03.2021
Agrana: Fruit, starch and sugar company Agrana processed record quantity of 322,000 metric tons of starch potatoes at the Gmünd site, which is not only a considerable increase compared to the prior year (276,000 metric tons), but also a third more than the average of the last five years. Agrana manufactures in Gmünd not only food-grade starches but also starches for technical applications such as those in the paper, pharmaceutical and cosmetics industries. The facility also processes organic potatoes to make organic starches, organic sweeteners and organic long-life potato products such as purées, potato dough mixes and baby food. In total, Agrana manufactures over 300 different starch products at its mill in Gmünd.
17.01.2021
Agrana: In the first three quarters of the 2020|21 financial year, Agrana, the fruit, starch and sugar company, generated EBIT operating profit of euro 84.3 mn (+20.8 %). Revenue increased by 4.6% to Euro 1,965.3 mn. Chief Executive Officer Johann Marihart comments: “The key drivers of the earnings growth were good results in bioethanol – especially in the third quarter – and a profitability improvement in the Sugar segment thanks to higher sugar prices and volumes. Sugar EBIT nevertheless remained negative due mainly to idle-capacity costs associated with the incomplete utilisation of sugar factories, notably in Austria. In the Fruit segment, EBIT in the fruit preparations business rose significantly in the first three quarters from the year-earlier reporting period. The performance of the fruit juice concentrate business, on the other hand, was down considerably as a result of lower available volumes from the prior year’s apple crop.” The company expects Gr