21st Austria weekly - Agrana Mayr-Melnhof 13/10/2022 [pic1]Agrana: the international fruit starch and sugar group generated revenue of Euro 1 792.3 mn in first half 2022|23 financial year a significant increase 25.8% year-on-year H1 prior year: 1 424.4 mn. The earnings measure “operating profit before exceptional items results equity-accounted joint ventures” grew to 86.5 very challenging environment 41.0 Group’s loss for period was 17.0 27.1 mn.However required impairment test at 31 August 2022 resulted recognition on assets goodwill Fruit segment. This write-down 91.2 – an item attributable Ukraine war steeply rising capital costs is not cash expense but testifies extremely volatile uncertain economic conditions. “With strong operating performance our entire production chain rigorous cost management throughout Group we were able supply customers worldwide reliably all times achieve good items. All segments helped drive these results ” emphasises CEO Markus