Agrana Beteiligungs-ag · VIE:AGR
Agrana Beteiligungs-ag — Q1–3 2025|26 Earnings Presentation
31 slides from Agrana Beteiligungs-ag's earnings presentation, Jan 13, 2026
Slide 1: AGRANA Q3 Conference Call Presentation
AGRANA Q3 Conference Call Presentation Results for the first three quarters of 2025|26 Vienna, 13 January 2026 AGRANA Interim Statement Q1–3 2025|26: www.agrana.com/en/ir/publications
Slide 2: Agenda
Q1–3 2025|26 Agenda 1 2 3 Overview Segments Financial outlook & & 2025|26 Highlights Financials AGRANA Interim Statement Q1–3 2025|26: www.agrana.com/en/ir/publications A G R A N A | R e s u l t s fo r t h e f i r s t t h r e e q u a r t e r s o f 2 0 2 5 | 2 6 | 1 3 J a n u a r y 2 0 2 6 2
Slide 3: Overview & Highlights
01 Overview & Highlights A o a): q =
Slide 4: We are on track…
Q1–3 2025|26 – HIGHLIGHTS We are on track… ▪ The new corporate strategy is being implemented successfully, with clear progress visible ▪ Measures taken are effective, priorities are well defined, and the organisation is increasingly aligned with strategic goals ▪ Also on track to achieve financial t
Slide 5: Key figures (1)
Q1–3 2025|26 – OVERVIEW Key figures (1) Revenue Operating profit 1 Exceptional items EBIT 2 € 2,494.0 € 73.3 € –22.8 € 48.4 million million million million Q1–3 previous year: Q1–3 previous year: Q1–3 previous year: Q1–3 previous year: € 2,707.8 million € 54.3 million € –5.7 million € 51.1 million 1
Slide 6: Key figures (2)
Q1–3 2025|26 – OVERVIEW Key figures (2) Free Cashflow Net debt Gearing ratio Equity ratio Ratio of net debt € 76.0 € 470.3 42.4 43.9 million million % % Q1–3 previous year: 28 Feb 2025: 28 Feb 2025: 28 Feb 2025: € 87.8 million € 436.4 million 35.5% 45.4% A G R A N A | R e s u l t s fo r t h e f i r
Slide 7: Implementation of AGRANA NEXT LEVEL steps
Q1–3 2025|26 Implementation of AGRANA NEXT LEVEL steps ▪ Termination of sugar production at the sites in Leopoldsdorf|AT and Hrušovany|CZ -> ensuring the stability and sustainability of sugar production within the Group ▪ Acquisition of 100% of RWA shares in AUSTRIA JUICE GmbH (deal closed mid-Octob
Slide 8: Management Board matters
PRESS RELEASE AS OF 23 DECEMBER 2025 Management Board matters ▪ Norbert Harringer stepped down from the Management Board at his own initiative as of 31 December 2025 and left the company ▪ Following a decision of the Supervisory Board of AGRANA Beteiligungs-AG at its meeting on 15 September 2025, Fr
Slide 9: Segments & Financials
AGRANA Key Figures: www.agrana.com/en/ir/key-figures- agrana-group/key-figures 02 Segments & Financials
Slide 10: NEW Segment Reporting since March 2025 (1)
Q1–3 2025|26 – FINANCIAL REPORTING NEW Segment Reporting since 1 March 2025 (1) OLD: NEW: ▪ Starting with this financial year (2025|26), the segment reporting is Food & Beverage based on a new structure more Fruit segment Solutions (FBS) closely aligned with the strategic segment core activities and
Slide 11: NEW Segment Reporting since March 2025 (2)
Q1–3 2025|26 – FINANCIAL REPORTING NEW Segment Reporting since 1 March 2025 (2) AGRANA Agricultural Food & Business areas Commodities & Berverage Specialities Solutions (FBS) (ACS) Segments ACS – STARCH ACS – SUGAR FBS HCO A G R A N A | R e s u l t s fo r t h e f i r s t t h r e e q u a r t e r s o
Slide 12: Revenue by segment
Q1–3 2025|26 vs Q1–3 PREVIOUS YEAR Revenue by segment Group Food & Beverage Solutions (FBS): €m ▪ Revenue in the formulation activities rose 2,707.8 2,494.0 slightly for price reasons ▪ Revenue of the beverage business decreased somewhat amid lower volume 1,223.4 1,252.1 ACS – Starch: ▪ Lower sales
Slide 13: EU vs sugar world market prices
SUGAR PRICE REPORTING EU vs sugar world market prices € Source: Sugar Market situation, European Commission; published on 18 December 2025 A G R A N A | R e s u l t s fo r t h e f i r s t t h r e e q u a r t e r s o f 2 0 2 5 | 2 6 | 1 3 J a n u a r y 2 0 2 6 13
Slide 14: EBIT by segment
Q1–3 2025|26 vs Q1–3 PREVIOUS YEAR EBIT by segment Food & Beverage Solutions (FBS): EBIT margin €m EBIT margin ▪ In formulation business (= food), EBIT was up significantly Q1–3 2024|25 Q1–3 2025|26 year-on-year – thanks mainly to positive business performance in Europe (which includes Ukraine), in
Slide 15: Financial Outlook
03 Financial Outlook A o a): q =
Slide 16: Outlook for 2025|26
AGRANA GROUP Outlook for 2025|26 ➔ ➔ EBIT 2025|26 Revenue 2025|26 ▪ At Group level for the full 2025|26 financial year, AGRANA expects a significant increase in EBIT ▪ Group revenue is projected to show a moderate decrease ▪ Regarding the new AGRANA NEXT LEVEL strategy, already in the 2025|26 financ
Slide 17: Outlook for 2025|26 – segments
AGRANA SEGMENTS Outlook for 2025|26 FOOD & BEVERAGE SOLUTIONS ACS – STARCH Revenue Slight increase* Revenue Slight reduction* EBIT Slight increase* EBIT Significant reduction* ACS – SUGAR Revenue Significant reduction* EBIT Significant improvement* * These qua ntita ti ve te rms a s u
Slide 18: Investment plan for 2025|26
AGRANA GROUP Investment plan for 2025|26 Investment split 2025|26 (€ ~100 million) ▪ Total investment across the three business 10% segments and the Holding Co. & Other area in this financial year, at approximately € 100 10% million, is expected to be both significantly below the 2024|25 value and s
Slide 19: Financial calendar
FY 2025|26 and FY 2026|27 Financial calendar 12 May 2026 13 July 2026 Results for full year 2025|26 (annual results press conference) Dividend payment date 23 June 2026 8 October 2026 Record date for participation in Annual General Meeting Results for first half of 2026|27 3 July 2026 14 January 202
Slide 20: Q1–3 2025|26 – Appendix
Q1-3 2025|26 — Appendix A o a): q =
Slide 21: Consolidated income statement
Q1–3/Q3 2025|26 vs Q1–3/Q3 PREVIOUS YEAR Consolidated income statement Q1–3 Q1–3 Q3 Q3 €m (condensed) 2025|26 2024|25 2025|26 2024|25 Revenue 2,494.0 2,707.8 802.4 846.1 EBITDA 1 157.6 138.1 51.5 30.5 Operating profit before except. items and results of equity-accounted JV 73.3 54.3 21.1 (1.0) Share
Slide 22: Net financial items | Tax Rate
Q1–3 2025|26 vs Q1–3 PREVIOUS YEAR Net financial items | Tax Rate Q1–3 Q1–3 €m 2025|26 2024|25 Change Net interest expense (17.7) (21.9) +19.2% Currency translation differences (9.0) (2.7) –233.3% Other financial items (1.1) 0.3 –466.7% Total (27.8) (24.3) –14.4% Q1–3 Q1–3 €m Change 2025|26 2024|25
Slide 23: Consolidated cashflow statement
Q1–3 2025|26 vs Q1–3 PREVIOUS YEAR Consolidated cashflow statement Q1–3 Q1–3 €m (condensed) 2025|26 2024|25 Change Operating cash flow before changes in working capital 125.3 165.8 –24.4% Changes in working capital 36.4 27.6 +31.9% Total in interest paid/received and tax paid (46.7) (42.1) –10.9% Ne
Slide 24: Consolidated balance sheet
30 NOVEMBER 2025 vs 28 FEBRUARY 2025 Consolidated balance sheet €m (condensed) 30 Nov 2025 28 Feb 2025 Change Non-current assets 1,026.8 1,038.1 –1.1% Current assets 1,499.3 1,672.8 –10.4% Total assets 2,526.1 2,710.9 –6.8% Total equity 1,109.8 1,229.7 –9.8% Non-current liabilities 351.6 476.6 –26.2
Slide 25: NEW Segment Reporting – reconciliation Q3 (3 months)
FINANCIAL REPORTING NEW Segment Reporting – reconciliation Q3 (3 months) Sugar segment OLD >>> ACS – Sugar segment NEW The new reporting area “Holding €m Q3 2024|25 Q3 2024|25 Diff. = HCO Co. & Other” (HCO) comprises: OLD NEW ▪ AGRANA Beteiligungs-AG (the Group holding company) Revenue 213.1 205.5 7
Slide 26: NEW Segment Reporting – reconciliation Full year
FINANCIAL REPORTING NEW Segment Reporting – reconciliation Full year Sugar segment OLD >>> ACS – Sugar segment NEW €m 2024|25 2024|25 Diff. = HCO OLD NEW Revenue 869.6 839.2 30.4 EBITDA (33.2) (25.4) (7.8) Operating (loss)1 (61.1) (48.9) (12.2) Share of results of equity- (1.8) (1.8) 0.0 accounted J
Slide 27: Ethanol (and petrol) prices
ACS – STARCH Ethanol (and petrol) prices FY 2025|26 1 January 2008 – 9 January 2026 Q1–3 2025|26 Close 9 Jan 2026 Ethanol avg. price: ~653 EUR/m3 –4.3% vs Q1–3 632.0 EUR/m3 prev. year Ethanol (Platts T2 spec.) Fuel (PU-10PP-ARA) (EUR per m3) A G R A N A | R e s u l t s fo r t h e f i r s t t h r e e
Slide 28: Wheat and corn (Euronext, Paris)
ACS – STARCH Whea t (Pa ris) Corn (Pa ris) Wheat and corn (Euronext, Paris) 9 J an 2026: 191.8 E UR /t 9 J an 2026: 191.5 EUR/t 1 January 2007 – 9 January 2026 FY 2025|26 Closing / Wheat 28 Nov 2025 Corn Wheat 187.3 EUR/t (€ per tonne) Corn 187.5 EUR/t A G R A N A | R e s u l t s fo r t h e f i r s
Slide 29: World market – sugar quotations
ACS – SUGAR R a w su ga r W h i t e su ga r ( L o n do n # 5 ) (ICE/NY #11) World market – sugar quotations 9 J an 2026: 425.9 USD/t 9 J an 2026: 328.3 USD/t 1 January 2007 – 9 January 2026 = 365.9 E UR /t = 282.1 EUR/t FY 2025|26 Raw sugar White sugar (USD per tonne) A G R A N A | R e s u l t s fo
Slide 30: Contacts
AGRANA GROUP Contacts Investor Relations Mr. Hannes Haider Phone: +43-1-211 37-12905 E-mail: investor.relations@agrana.com AGRANA Beteiligungs-AG Friedrich-Wilhelm-Raiffeisen-Platz 1 1020 Vienna, Austria www.agrana.com AGRANA Investor Relations: www.agrana.com/en/ir A G R A N A | R e s u l t s fo r
Slide 31: Disclaimer
AGRANA GROUP Disclaimer This presenta tion is be ing provide d to you solely for your informa tion a nd ma y not be reproduced or further distributed to a n y other person or published, in whole or in pa rt, for a ny purpose. This presenta tio n comprises the written ma teria ls/slides for a present
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