| 2024|25 | 2023|24 | 2022|23 | 2021|22 | 2020|21 | 2019|20 | ||
|---|---|---|---|---|---|---|---|
Financial performance1 |
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| Revenue | €m | 3,514.0 | 3,786.9 | 3,637.4 | 2,901.5 | 2,547.0 | 2,480.7 |
| EBITDA2 | €m | 190.9 | 291.1 | 277.1 | 206.7 | 191.2 | 183.1 |
| Operating profit before exceptional items and results of equity-accounted joint ventures | €m | 76.5 | 176.7 | 158.4 | 86.5 | 73.1 | 73.1 |
| Share of results of equity-accounted joint ventures | €m | 0.5 | 1.4 | 18.7 | 8.0 | 17.5 | 16.7 |
| Exceptional items | €m | (36.4) | (27.0) | (88.8) | (69.8) | (11.9) | (22.9) |
| Operating profit [EBIT] | €m | 40.5 | 151.0 | 88.3 | 24.7 | 78.7 | 66.9 |
| EBIT margin | % | 1.2 | 4.0 | 2.4 | 0.9 | 3.1 | 2.7 |
| Profit before tax | €m | 3.7 | 97.7 | 61.7 | 8.6 | 60.2 | 49.7 |
| (Loss)/profit for the period | €m | (0.0) | 69.4 | 24.7 | (12.2) | 55.0 | 31.2 |
| - Attributable to shareholders of the parent | €m | (4.3) | 64.9 | 15.8 | (12.6) | 59.8 | 28.1 |
| - Attributable to non-controlling interests | €m | 4.2 | 4.5 | 8.9 | 0.4 | (4.9) | 3.1 |
| Operating cash flow before changes in working capital | €m | 217.6 | 316.3 | 282.3 | 207.2 | 198.8 | 187.8 |
| Investment3 | €m | 113.7 | 127.3 | 102.9 | 82.4 | 72.3 | 149.7 |
| Return on sales4 | % | 0.1 | 2.6 | 1.7 | 0.3 | 2.4 | 2.0 |
| Return on capital employed5 | % | 4.6 | 9.1 | 8.0 | 4.7 | 4.1 | 4.0 |
Non-financial metrics6 |
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| Number of employees7 | 8,980 | 8,876 | 8,730 | 8,691 | 8,847 | 9,342 | |
| Injury rate (LTIR)8 | 5.6 | 1.3 | 1.6 | 1.4 | 1.6 | 1.6 | |
| Energy consumption (Scope 1+2) | Million GJ | 14.5 | 14.5 | 14.0 | 15.6 | 14.2 | 14.2 |
| Emissions (Scope 1+2)9 | Tonnes CO2 | 754,950 | 737,042 | 708,978 | 778,626 | 733,853 | 928,007 |
| Emissions (Scope 3)10 | Million tonnes CO2e | 3.1 | 4.1 | 4.2 | 4.5 | 4.0 | 4.2 |
| Water consumption | Million m3 | (0.7) | (1.0) | (0.4) | (0.8) | (1.3) | (0.9) |
Share data at last day of February |
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| Closing price9 | € | 10.55 | 13.35 | 17.00 | 16.54 | 17.60 | 17.56 |
| (Loss)/earnings per share | € | (0.07) | 1.04 | 0.25 | (0.20) | 0.96 | 0.45 |
| Dividend per share | € | 0.7011 | 0.90 | 0.90 | 0.75 | 0.85 | 0.77 |
| Dividend yield12 | % | 6.611 | 6.7 | 5.3 | 4.5 | 4.8 | 4.4 |
| Dividend payout ratio | % | Neg.11 | 86.5 | 360.0 | Neg. | 88.5 | 171.1 |
| Price/earnings ratio | Neg. | 12.8 | 68.0 | Neg. | 18.3 | 39.0 | |
| Market capitalisation | €m | 659.3 | 834.2 | 1,062.3 | 1,033.6 | 1,099.8 | 1,097.3 |
| Number of shares | '000 | 62,489.0 | 62,489.0 | 62,489.0 | 62,489.0 | 62,489.0 | 62,489.0 |
Financial strength |
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| Total assets | €m | 2,710.9 | 2,889.4 | 3,003.1 | 2,643.6 | 2,472.7 | 2,529.3 |
| Share capital | €m | 113.5 | 113.5 | 113.5 | 113.5 | 113.5 | 113.5 |
| Core non-current assets13 | €m | 980.7 | 997.5 | 1,018.7 | 1,117.9 | 1,207.5 | 1,285.2 |
| Equity | €m | 1,229.7 | 1,248.4 | 1,256.6 | 1,281.5 | 1,329.1 | 1,367.0 |
| Equity ratio | % | 45.4 | 43.2 | 41.8 | 48.5 | 53.8 | 54.0 |
| Net debt | €m | 436.4 | 636.1 | 684.9 | 532.0 | 443.5 | 464.0 |
| Gearing ratio14 | % | 35.5 | 51.0 | 54.5 | 41.5 | 33.4 | 33.9 |
1 Detailed information concerning the calculation methods of individual performance indicators can be found in the full version of the Annual Report.
2 EBITDA represents operating profit before exceptional items, results of equity-accounted joint ventures, and operating depreciation and amortisation.
3 Investment represents purchases of property, plant and equipment and intangible assets, excluding goodwill.
4 Profit before tax, divided by revenue.
5 Operating profit before exceptional items and results of equity-accounted joint ventures, divided by capital employed.
6 As a result of reporting in accordance with the European Sustainability Reporting Standards (ESRS), which differ from the reporting requirements of the previous years, some of the non-financial metrics for FY 2024|25 are based on new calculation parameters, thus limiting their comparability with the previous years’ values.
7 Average number of full-time equivalents in the reporting period.
8 In line with the ESRS, the injury rate was calculated as the lost time injury rate (LTIR) for the first time in FY 2024|25.
9 Scope 2, market-based. The basis of calculation differs from previous years due to the use of supplier-specific emission factors.
10 In FY 2024|25, the AGRANA Group’s carbon footprint was recalculated for 2024|25 and 2023|24 based on bottom-up data collection and in accordance with ESRS and SBTi requirements. The previous years’ value has been adjusted for better comparability.
11 Based on the dividend proposal to the Annual General Meeting.
12 Based on the closing share price at the balance sheet date of the respective year.
13 Non-current assets excluding deferred tax assets and the item “other assets”.
14 Ratio of net debt to total equity.
Compare your desired key figures in recent years.
In the 2024|25 financial year, revenue of the AGRANA Group was € 3,514.0 million, down moderately from the previous year, despite stable sales volumes at Group level, with the decrease being due to lower prices in the Starch and Sugar segments.
Operating profit (EBIT) in 2024|25 was € 40.5 million, a very significant decrease from the year-ago level of € 151.0 million. Besides the deterioration in operating performance, the decline was also attributable to more-negative net exceptional items, which were primarily due to impairment losses and restructuring measures in connection with the new Group strategy. Details on exceptional items are presented in the reports on the Starch segment and Sugar segment and in the Notes - refer to the full version of the annual report 2024|25. In the Fruit segment, EBIT rose to € 99.7 million (previous year: € 60.2 million) thanks to the significantly improved operating performance and a much lower net exceptional items expense. Meanwhile, weaker margins on starch and saccharification products drove a significant decrease in Starch segment EBIT to € 31.9 million (previous year: € 50.4 million). In the Sugar segment, lower sales prices were the main reason for the sharp downward reversal of operating profitability before exceptional items. In combination with restructuring-related negative exceptional items of € 28.3 million, this led to an EBIT operating loss of € 91.1 million in the segment (previous year: profit of € 40.4 million). Details on the share of results of equity-accounted joint ventures, which affect EBIT results in the Starch and Sugar segments, can be found in the respective two segment reports and the Notes.
In 2024|25, AGRANA invested a total of € 113.7 million, or € 13.6 million less than in the year before. Purchases of property, plant and equipment and intangibles were thus below operating depreciation and amortisation, with the following distribution by business segment:
| Investment1 | 2024|25 | 2023|24 | Change | |
|---|---|---|---|---|
| % / pp | ||||
| Fruit segment | €000 | 51,950 | 50,822 | 2.2 % |
| Starch segment | €000 | 33,302 | 42,110 | -20.9 % |
| Sugar segment | €000 | 28,416 | 34,336 | -17.2 % |
| Group | €000 | 113,668 | 127,268 | -10.7 % |
| Operating depreciation and amortisation |
€000 | 114,436 | 114,416 | 0.0 % |
| Investment coverage | % | 99.3 | 111.2 | -10.7 % |
1 Investment represents purchases of property, plant and equipment and intangible assets, excluding goodwill.
The main focus of capital expenditures in all segments was on projects to raise energy efficiency and enhance product quality. The key projects in the individual business segments are detailed in the segment reports.
