Austrian sugar, starch and processed fruits manufacturer Agrana Beteiligungs-Ag (AGR.VI) Friday said it expects its operating profit in the current fiscal year to decrease significantly on the year, due to persistent cost increases and an unsatisfactor...

Leading sugar and starch producer in Central and Eastern Europe, Agrana has announced it has acquired, subject to regulatory authority approval, 50 per cent of the shares in the sugar sales operations of the Studen Group, Vienna.

Austria-based Agrana announced a revenue increase of 3 per cent in its first three quarters, overcoming the challenges of sugar restrictions and weather-induced crop failures. The sugar, starch and fruit preparation company experienced revenue of €1,4...