AGRANA Reports Weaker Q1 Earnings for 2025|26 Financial Year
AGRANA Q1 2025|26 earnings fell sharply as EBIT dropped to €5.7M. Sugar business losses and restructuring impacted results. Full-year EBIT guidance maintained.
A BRAND
AGRANA has reported a significant earnings decline in the financial first quarter of 2025|26. The group posted an EBIT of €5.7 million for the three months ending 31 May 2025, down from €32.3 million a year earlier. Revenue fell 6.8% year-on-year to €880.2 million. The group confirmed a net loss of €7.9 million for the period.
Focus on Restructuring and Segmental Shift
The slump in earnings was caused by poor sugar performance, restructuring-driven personnel expenses in Austria and the Czech Republic. AGRANA said the sugar business was hit by lower industrial sales prices and volumes. The EBIT of the ACS – Sugar segment resulted in a loss of €29.5 million.
The company was then restructured and sugar production at Leopoldsdorf and Hrušovany was discontinued. Q1 included a redundancy package for €17.9 million. At the same time, the company also completed the purchase of the remaining shares of AUSTRIA JUICE GmbH, in line with the new strategic direction within the Food & Beverage Solutions segment.
Underlying EBIT of the FBS segment, which replaces the previous segment Fruit, improved by €36.4 million and benefited from beverage and formulation volumes. The segment reported revenue of €444.1 million.
In ACS – Starch, sales decreased fractionally to €257.8 million. EBIT decreased to €2.8 million, which resulted for the most part from falling margins on ethanol and starch products. Insurance compensation for flood damage in Austria experienced in the autumn of 2024 also partly compensated the losses, AGRANA said.
AGRANA introduced a new reporting structure in Q1 2025|26, dividing operations into two strategic areas: Food & Beverage Solutions (FBS) and Agricultural Commodities & Specialities (ACS), which now includes both starch and sugar segments.
The group maintained its full-year EBIT guidance in line with 2024|25, despite ongoing volatility. Revenue is expected to decline slightly. Planned investment for the year is around €115 million.
The company’s NEXT LEVEL strategy aims to deliver annual cost savings of up to €50 million. However, AGRANA noted that the negative market conditions in the sugar sector will likely offset much of these gains.
AGRANA’s detailed financial statement for Q1 2025|26 is available at agrana.com.