AGRANA delivers significant earnings increase in first three quarters of 2020|21
AGRANA
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Thursday, January 14, 2021
The Sugar segment’s revenue in the first three quarters was € 452.8 million, up 18.2% from one year earlier. This reflected both higher sugar selling prices and increased sugar sales volumes, especially with resellers. Although EBIT in the first nine months was still negative at a deficit of € 15.5 million, it improved markedly from the year-ago loss of € 33.4 million thanks to a more benign sales price environment.
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