AGRANA grows revenues by almost 25%
date:Oct 12, 2012
evenue growth in the first half of 2012-13 in the Starch segment reflected higher selling prices for saccharification products particularly isoglucose and stronger sales volumes of core and by-products. The further improvement in earnings was made possible primarily by the increased prices obtained for saccharification products. Added to this were regional raw material advantages at HUNGRANA, the joint venture in Hungary. As a result, the segment operating margin was boosted from 9.3% to 11.8%
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