July 13, 2017 / 5:37 AM / a month ago

BRIEF-Agrana Beteiligungs Q1 profit up at 50.9 million euros

July 13 (Reuters) - AGRANA BETEILIGUNGS AG:

* AGRANA PROFIT JUMPS IN FIRST QUARTER OF 2017|18

* OUTLOOK FOR FULL 2017|18 FINANCIAL YEAR: EXPECTING SIGNIFICANT INCREASE IN EBIT AND MODERATE GROWTH IN REVENUE

* ‍REVENUE INCREASED SLIGHTLY TO EUR 684.2 MILLION IN Q1 ENDED 31 MAY 2017, UP 2.8%​

* Q1 ‍EBIT, AT EUR 69.8 MILLION, WAS UP BY A COMPELLING 48.5% FROM YEAR-EARLIER QUARTER​

* Q1 PROFIT FOR PERIOD WAS EUR 50.9 MILLION (Q1 PRIOR YEAR: EUR 30.8 MILLION) Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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