Agrana Beteiligungs-ag · VIE:AGR
Agrana Beteiligungs-ag — Shareholder Meeting (July 2025)
58 slides from Agrana Beteiligungs-ag's shareholder meeting presentation, Jul 4, 2025
Slide 1: Welcome to the AGRANA Annual General Meeting
Welcome to the AGRANA Annual General Meeting The 38th Annual General Meeting of AGRANA Beteiligungs-AG Vienna, 4 July 2025 AGRANA Online 2024|25: reports.agrana.com/en
Slide 2: Agenda
Agenda 01 02 03 04 Presentation of annual financial Appropriation of profits Formal approval of actions Formal approval of actions Resolution on the appropriation of profits of Management Board of Supervisory Board statements & consolidated Resolution on the formal approval of Resolution on the form
Slide 3: Presentation of annual financial statements & consolidated financial statements
01 Presentation of annual financial statements & consolidated financial statements
Slide 4: Presentation of annual financial statements & consolidated financial statements
01 Presentation of annual financial statements & consolidated financial statements Presentation of the annual financial statements including the Management Report and the Corporate Governance Report, the consolidated financial statements including the Group Management Report and the non-financial st
Slide 5: Report of the Chief Executive Officer
Report of the Chief Executive Officer
Slide 6: Agenda
REPORT OF THE CHIEF EXECUTIVE OFFICER Agenda 1 2 3 Our Group strategy Financial outlook 2024|25 2025|26 incl. Financial year Q1 2025|26 3 8 T H A N N U A L G E N E R A L M E E T I N G O F A G R A N A B E T E I L I G U N G S -A G | 4 T H O F J U LY 2 0 2 5 6
Slide 7: Market environment remains difficult
2024|25 FINANCIAL YEAR Market environment remains difficult • Global crises (Ukraine war, Middle East conflict) exacerbate macroeconomic uncertainties • Weakening economy in Europe • Recession in Austria and Germany • Volatile commodity and energy markets 3 8 T H A N N U A L G E N E R A L M E E T I
Slide 8: Key challenges we faced
2024|25 FINANCIAL YEAR Key challenges we faced Sugar market Volatile markets Natural catastrophes • Strong price decline due to • Energy (costs) • Production shutdowns overcapacity • Raw material (prices) • Historically high sugar • Imports from Ukraine production costs due to • Ethanol (sales price
Slide 9: Massive drop in sugar prices
EU AND WORLD MARKET SUGAR PRICE DEVELOPMENT Massive drop in sugar prices € Source: Sugar Market situation, European Commission; published on 26 June 2025 3 8 T H A N N U A L G E N E R A L M E E T I N G O F A G R A N A B E T E I L I G U N G S -A G | 4 T H O F J U LY 2 0 2 5 9
Slide 10: Huge increase in EU sugar imports from Ukraine
Huge increase in EU sugar imports from Ukraine Until 2022: 20,000 tonnes/year 2023: approx. 500,000 tonnes 2024: approx. 265,000 tonnes 100 • June 2022: temporary suspension of EU tariffs for sugar from Ukraine 80 (previously duty-free access for 20,000 tonnes) • Rise in exports triggers major marke
Slide 11: Key challenges we faced
2024|25 FINANCIAL YEAR Key challenges we faced Sugar market Volatile markets Natural catastrophes • Strong price decline due to • Energy (costs) • Production shutdowns overcapacity • Raw material (prices) • Historically high sugar • Imports from Ukraine production costs due to • Ethanol (sales price
Slide 12: Development of energy costs
AGRANA GROUP Development of energy costs €m 357.0 41.9 300.1 –18.2% 47.7 245.6 214.6 165.5 –12.8% 41.6 Fruit 31.4 139.0 Starch –18.3% 113.5 Sugar 123.7 116.2 87.7 26.0 23.2 55.7 149.6 58.6 113.4 95.5 –20.2% 90.5 42.0 34.4 2019|20 2020|21 2021|22 2022|23 2023|24 2024|25 3 8 T H A N N U A L G E N E R
Slide 13: Commodity prices
WHEAT & CORN (EURONEXT, PARIS) Commodity prices Whea t (Pa ris) 2 J uly 2025: Corn (Pa ris) 2 J uly 2025: 195.8 E UR /t 199.0 E UR /t 1 January 2006 – 2 July 2025 FY 2024|25 Closing / Wheat 28 Feb 2025 Corn Wheat 221.8 EUR/t (€ per tonne) Corn 220.8 EUR/t 3 8 T H A N N U A L G E N E R A L M E E T I
Slide 14: Ethanol and petrol prices
Ethanol and petrol prices 1 January 2006 – 2 July 2025 FY 2024|25 Close 2 July 2025 FY 2024|25 Ethanol avg. price: ~680 EUR/m3 –8% vs prior year 599.8 EUR/m3 Ethanol (Platts T2 spec.) Fuel (PU-10PP-ARA) (EUR per m3) 3 8 T H A N N U A L G E N E R A L M E E T I N G O F A G R A N A B E T E I L I G U N
Slide 15: Key challenges we faced
2024|25 FINANCIAL YEAR Key challenges we faced Sugar market Volatile markets Natural catastrophes • Strong price decline due to • Energy (costs) • Production shutdowns overcapacity • Raw material (prices) • Historically high sugar • Imports from Ukraine production costs due to • Ethanol (sales price
Slide 16: Natural catastrophes – heavy rain and flooding
2024|25 FINANCIAL YEAR Natural catastrophes – heavy rain and flooding Shutdown Starch • No steam for Pischelsdorf|NÖ due to flooding of the energy supplier's facilities • Several weeks of shutdown • Loss of around € 8.5 million (insurance payout only in FY 2025|26) Sugar beet quality in Austria • Hi
Slide 17: What we achieved
2024|25 FINANCIAL YEAR – EARNINGS FIGURES What we achieved Revenue Operating profit1 Exceptional items EBIT2 € 3,514.0 € 76.5 € –36.4 € 40.5 million million million million 2023|24: 2023|24: 2023|24: 2023|24: € 3,786.9 million € 176.7 million € –27.0 million € 151.0 million 1 Before exceptional item
Slide 18: Lower prices in the starch and sugar segments
2024|25 FINANCIAL YEAR – REVENUE BY SEGMENT Lower prices in the starch and sugar segments 2024|25 GROUP 46.4% 3,786.9 24.7% €m –7.2% 3,514.0 1,566.9 28.9% +4.1% 1,630.4 Fruit Starch 2023|24 1,148.7 Sugar 41.4% 28.3% –11.7% 1,014.0 1,071.3 –18.8% 869.6 30.3% 2023|24 2024|25 3 8 T H A N N U A L G E N
Slide 19: Strong performance in the Fruit segment
2024|25 FINANCIAL YEAR – EBIT BY SEGMENT Strong performance in the Fruit segment 2023|24 2024|25 EBIT margin 2023|24 EBIT margin 2024|25 3.8% 60.2 +65.6% 99.7 6.1% €m 4.4% 50.4 Fruit 3.8% 40.4 –36.7% 31.9 3.1% Starch Sugar –325.5% –91.1 (10.5%) GROUP 4.0% 151.0 –73.2% 40.5 1.2% 3 8 T H A N N U A L G
Slide 20: Financial flexibility secured
2024|25 FINANCIAL YEAR OR AS OF THE REPORTING DATE 28 FEBRUARY 2025 Financial flexibility secured Free Cashflow Net debt Gearing ratio Equity ratio Ratio of net debt € 259.1 € 436.4 35.5 45.4 million million % % 2023|24: 29 February 2024: 29 February 2024: 29 February 2024: € 129.2 million € 636.1 m
Slide 21: Dividend
2024|25 FINANCIAL YEAR Dividend • Dividend proposal to the Annual General Meeting: € 0.70 per share for 2024|25 financial year (2023|24: € 0.90 per share) • Commitment to a predictable, reliable and transparent dividend policy: − Based on Group´s profit, cash flow and the dept situation while mainta
Slide 22: What we have implemented
2024|25 FY and AGRANA NEXT LEVEL What we have implemented ✓ Strategy NEXT LEVEL developed, approved & now being implemented − Two business areas (FBS/Solutions and ACS/Commodities) with clearly defined objectives − Strategic personnel decisions at management level − Defined cost savings potential (€
Slide 23: NEXT LEVEL – Sustainability remains central
SUSTAINABILITY (ESG) NEXT LEVEL – Sustainability remains central We at AGRANA… • take responsibility for environmental, social and corporate governance (ESG) in the five defined areas of action, to have a positive impact and operate successfully in the long term • recycle almost 100% of the raw mate
Slide 24: AGRANA's climate strategy is on track
E – ECOLOGICAL SUSTAINABILITY AGRANA's climate strategy is on track 2030 (starting from the base year 2019|20) SBTi NEAR-TERM SCOPE 1 SCOPE 2 SCOPE 3 TARGET 2030 50% abs. reduction in GHG emissions 30% abs. reduction in GHG emissions AGRANA Group CCF ESG-Ratings 2024|25 financial year Scope 1; CDP C
Slide 25: Employees at the centre
S – SOCIAL SUSTAINABILITY Employees at the centre Age structure Fluctuation rate Employees 2023|24 2024|25 12.3% 8,980 Employees* (+104 PY) 55.7% Status: 28.4% female managers 52.6% Interim target: 28.5% female 25.5% 24.9% managers by 2026|27 21.9% 19.4% Target: 30% female managers by 2030 87.7% UND
Slide 26: AGRANA's certified compliance management system
G – GOVERNANCE AGRANA's certified compliance management system • AGRANA Beteiligungs-AG certified according to ISO 37301 and ISO 37001 (recertification took place in June 2025) Milestones 2024|25 • Human rights policy issued → Commitment to human rights as part of the compliance management system an
Slide 27: Agenda
REPORT OF THE CHIEF EXECUTIVE OFFICER Agenda 1 2 3 Our Group strategy Financial outlook 2024|25 2025|26 incl. Financial year Q1 2025|26 3 8 T H A N N U A L G E N E R A L M E E T I N G O F A G R A N A B E T E I L I G U N G S -A G | 4 T H O F J U LY 2 0 2 5 27
Slide 28: Financial outlook
Financial outlook 2024|25 financial year
Slide 29: Financial outlook 2025|26
AGRANA GROUP Financial outlook 2025|26 EBIT 2025|26 Revenue 2025|26 • AGRANA expects operating profit (EBIT) to be steady • Group revenue is projected to show a slight reduction • Total investment across the three business segments in the new financial year, at approximately € 120 million, is expect
Slide 30: Financial outlook 2025|26
AGRANA SEGMENTS Financial outlook 2025|26 FRUIT STARCH Revenue Slight increase* Revenue Steady* EBIT Significant reduction* EBIT Significant increase* SUGAR Revenue Significant reduction* EBIT Moderate improvement* * The se qua ntita ti ve te rms a s use d he re in the Outlook section a re defined a
Slide 31: Financial outlook for first quarter of 2025|26
AGRANA GROUP Financial outlook for first quarter of 2025|26 Q1 2025|26 A very significant decline is expected compared to the previous year EBIT On the one hand, the earnings situation in the Sugar segment is projected to remain very poor; on the other hand, exceptional staff costs in connection wit
Slide 32: Agenda
REPORT OF THE CHIEF EXECUTIVE OFFICER Agenda 1 2 3 Our Group strategy Financial outlook 2024|25 2025|26 incl. Financial year Q1 2025|26 3 8 T H A N N U A L G E N E R A L M E E T I N G O F A G R A N A B E T E I L I G U N G S -A G | 4 T H O F J U LY 2 0 2 5 32
Slide 33: NEXT LEVEL Update
NEXT LEVEL Update inclusive flagship projects
Slide 34: AGRANA – NEXT LEVEL
CREATING VALUE WITH NATURE AGRANA – NEXT LEVEL Strategic holding company Strategic development and control vertical synergies Innovation impulses Commodity-focused/ Customer-focused/ processing expertise Agricultural Food & formulation expertise Commodities & Beverage Regional footprint – Specialiti
Slide 35: Financial goals 2030+
AGRANA NEXT LEVEL Financial goals 2030+ • Greater efficiency at lower fixed costs • A new role for the holding and the divisions • Focus on value-added products, co-creative development of customised solutions with customers EBITDA margin ROCE > 10% > 10% 3 8 T H A N N U A L G E N E R A L M E E T I
Slide 36: Restructuring Sugar segment
AGRANA NEXT LEVEL – INITIATIVES Q1 2025|26 Restructuring Sugar segment Closures Leopoldsdorf|AT and Hrušovany|CZ • Background: Significant challenges throughout Europe (Ukraine imports, decline sugar consumption, high energy prices, crop protection restrictions, Mercosur...) Sites 5 Sugar beet produ
Slide 37: 100% acquisition of AUSTRIA JUICE GmbH (AJ)
AGRANA NEXT LEVEL – INITIATIVES Q1 2025|26 100% acquisition of AUSTRIA JUICE GmbH (AJ) Closer collaboration between AGRANA Fruit and AJ • Acquired the remaining 49.99% shares in AJ from Raiffeisen Ware Austria AG (RWA) • AJ: global leader in the production of apple and berry juice concentrates . In
Slide 38: Our strategic priorities
AGRANA NEXT LEVEL – PLANNED INITIATIVES 2025|26 Our strategic priorities Sales Excellence / Customer Focus GROUP-WIDE Operational Excellence People & Culture Food & Beverage Agricultural Commodities Strategic Solutions (FBS) & Specialities (ACS) Holding Footprint Target Costing Sugar Securing financ
Slide 39: Structural cost savings of €100 million p.a. by end of FY 2027|28
AGRANA NEXT LEVEL – COST SAVINGS Structural cost savings of €100 million p.a. to be achieved by the end of FY 2027|28 Horizon I & II In-year effects of measures (net), in € million 100 100 Initial target € 76 million* 24% 24% 65 52 76% 76% Staff costs Material and Target Target Target Target other o
Slide 40: Overview of current status of measures to achieve target
AGRANA NEXT LEVEL – COST SAVINGS Overview of current status of measures to achieve target Horizon I & II In-year effects of measures (net), in € million 100 10% in development 10-20 Further measures are to be identified Measures evaluated and 29 prepared for implementation 30% Central support functi
Slide 41: Appropriation of profits
02 Appropriation of profits A o a): q =
Slide 42: Appropriation of profits
Appropriation of profits 2. Resolution on the appropriation of profits The Management Board and the Supervisory Board propose that the balance sheet profit of € 125,088,421.22, stated in the 2024|25 annual financial statements, be used as follows: (i) Distribution of a dividend of € 0.70 per dividen
Slide 43: Formal approval of actions of Management Board
03 Formal approval of actions of Management Board
Slide 44: Formal approval of actions of Management Board
Formal approval of actions of Management Board 3. Resolution on the formal approval of the actions of the members of the Management Board for the 2024|25 financial year The Management Board and the Supervisory Board propose that a resolution on the formal approval of the actions of the members of th
Slide 45: Formal approval of actions of Supervisory Board
04 Formal approval of actions of Supervisory Board
Slide 46: Formal approval of actions of Supervisory Board
Formal approval of actions of Supervisory Board 4. Resolution on the formal approval of the actions of the members of the Supervisory Board for the 2024|25 financial year The Management Board and the Supervisory Board propose that a resolution on the formal approval of the actions of the members of
Slide 47: Remuneration of the members of the Supervisory Board
05 Remuneration of the members of the Supervisory Board
Slide 48: Remuneration of the members of the Supervisory Board
Remuneration of the members of the Supervisory Board 5. Resolution on the remuneration of the members of the Supervisory Board The Management Board and the Supervisory Board propose to set the remuneration of the members of the Supervisory Board for the 2024|25 financial year at a total amount of €
Slide 49: Appointment of the auditors
06 Appointment of the auditors
Slide 50: Appointment of the auditors
Appointment of the auditors 6. Appointment of the auditor for the annual financial statements and for the consolidated financial statements, and for sustainability reporting for the 2025|26 financial year (i) The Supervisory Board proposes that KPMG Austria GmbH Wirtschaftsprüfungs- und Steuerberatu
Slide 51: Remuneration Report
07 Remuneration Report A o a): q =
Slide 52: Remuneration Report
Remuneration Report 7. Resolution on the Remuneration Report 2024|25 The Management Board and the Supervisory Board of AGRANA Beteiligungs-Aktiengesellschaft have prepared a Remuneration Report in accordance with § 78c in conjunction with § 98a of the Austrian Stock Corporation Act. The Management B
Slide 53: Amendment of the Articles of Association
08 Amendment of the Articles of Association
Slide 54: Amendment of the Articles of Association
Amendment of the Articles of Association 8. Resolution on the Amendment of the Articles of Association in § 13. “Annual General Meeting” The Management Board and the Supervisory Board propose to amend § 13 of the Articles of Association on the Annual General Meeting by adding paragraphs 9 through 17
Slide 55: General debate
General debate Questions and answers
Slide 56: Voting
Voting on agenda items
Slide 57: THANK YOU!
THANK YOU! The 38th Annual General Meeting of AGRANA Beteiligungs-AG Vienna, 4 July 2025 AGRANA Online 2024|25: reports.agrana.com/en
Slide 58: Disclaimer
Disclaimer This presentation is being provided to you solely for your information and may not be reproduced or further distributed to any other person or published, in whole or in part, for any purpose. This presentation comprises the written materials/slides for a presentation concerning AGRANA Bet
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