AGRANA has strong operating performance in first three …

Fruit segment revenue in the first three quarters grew to € 1,094.9 million, a significant increase of 16.6%. On the fruit preparations side, revenue rose for price reasons, while the increase in fruit juice concentrate revenue was additionally driven by volume. With demand subdued compared to the previous year, the extreme increases in raw material and energy prices led to markedly higher manufacturing costs, which AGRANA was partly able to pass on in sales prices. This very positive trajectory was attributable to significantly improved margins thanks to the favourable sales price environment and disciplined cost management. Given the upward trend in sugar prices, AGRANA expects beet prices to be attractive to farmers in the next crop year as well.