AGRANA Beteiligungs-AG № 2015|16 SUGAR STARCH FRUIT The natural upgrade WWW.AGRANA.COM » Page 3 « agrana AT A GLANCE Sugar, starch and fruit – AGRANA is successfully active around the world in these three segments. We refine agricultural raw materials, turning them into a range of different industrial products to supply local producers as well as large multinational companies active in the food processing industry, in particular. We also serve the end-consumer market in the Sugar segment with country-specific brands such as ‘Wiener Zucker’ in Austria. AN INTEGRAL PART OF MODERN LIFE. The product range extends from sugar for food products, starch for textiles Leading CONTENTS and technical applications to bioethanol as a sustainable and environmentally sensitive fuel, as well as fruit SUGAR preparations for yoghurt and fruit juice concentrates. SUPPLIER in Central, Eastern & 03 AGRANA at a glance OUR EMPLOYEES ARE OUR MOST IMPORTANT South-Eastern Europe AGRANA maintains a global presence with 04 Statement of the management board RESOURCE. around 8,700 employees based at 54 production facilities 06 Mission statement located on five continents. Their dedication and expertise Major manufacturer of 08 History ensure the company‘s success. customer-specific 10 Production Sites AGRANA IS A STOCK CORPORATION. The Group has been STARCH 12 Sustainability listed in the Prime Market segment of the Vienna Stock PRODUCTS in Europe Exchange since 1991. AGRANA most recently generated 16 Segment SUGAR consolidated revenues of approximately EUR 2.5 billion. 22 Segment STARCH World market leader 28 Segment FRUIT SUSTAINABLE OPERATIONS. In view of our commercial in the production of activities and the associated proximity to raw agricultural 34 Employees products, striving for sustainability represents an existen- F RUIT 36 Research & Development tial and integral part of AGRANA’s business model. preparations 38 Key financials 39 Contacts & Imprint AT A GLANCE » Page 5 « 8,700 employees 54 production sites on five continents The issue of sustainability is of particular importance to AGRANA along the entire value-added chain. We attach 2,493.5 considerable importance to energy-efficient processes € total revenue in €m and the almost entire use of agricultural raw materials. With our business model comprising the Sugar, Starch and Fruit segments and our strategy of compensating for volatile underlying conditions across all segments as far as Meeting the challenges of possible, we are well equipped to meet the challenges of the future with three the future. business segments GRANA is an internationally-oriented Austrian A company which adds value to agricultural raw materials to produce a wide range of industrial products for the processing sector. Founded as the holding company of the Austrian sugar and starch industry in 1988, AGRANA has successfully transformed to become a company that is active well CEO beyond the borders of Austria, having almost tripled Johann MARIHART Stephan BÜTTNER its revenues during this time. Today we are one of the leading sugar and starch companies in Central Europe, the global leader in the manufacture of fruit preparations for statEMENT OF THE the dairy industry and one of the largest producers of fruit juice concentrates in Europe. Our commitment to high levels of service, innovation and efficiency, which is based on core values such as responsi- MANAGEMENT BOARD bility and respecting the environment, we are a preferred partner to companies in the food industry and for technical Fritz GATTERMAYER Thomas KÖLBL companies. statEMENT » Page 7 « OUR AGRANA’s sustainable increase in enterprise value and THE ENVIRONMENT Our actions and decisions are the ability to distribute dividends to shareholders through taken with respect for nature and the environment. Our VALUES continued growth and consistent improvement in pro- products are sourced from natural origins, developed and ductivity, as well as through “profitizing” – the constant produced on the basis of the latest ecologically sensitive WHICH UNITE striving to increase profits and optimise our business processes, which are low-emission and efficient, and are processes and structures in all our operating companies. also biodegradable and environmentally friendly. AGRANA t AGRANA, we all share one vision. to be the world shiporiented customer and supplier relationships. We seek to diversify risks to our business to achieve a aims to rely on a closed economic cycle which ensures that A quality leader in refining agricultural raw materials well-balanced global business portfolio. Optimising our the agricultural commodities used are recycled to an extent into sugar, starch and processed fruits. Our passion for CUSTOMER ORIENTATION We offer products and value added is a cornerstone in our efforts to provide of nearly 100%. The health and safety of the workforce are quality and efficiency makesGR A ANA the natural choice of services that fully meet the needs and expectations of continual increases in the enterprise value of AGRANA. a key priority of our operational policies and procedures. food companies and for technical applications worldwide. our customers. We aim to differentiate ourselves from AGRANA. THE NATURAL UPGRADE. competitors by means of high product quality, outstanding MANAGEMENT AND STAFF We are a multinational PRODUCT SAFETY Our strict, certified manufacturing service level, innovative ideas as well as ecological and Group of companies. We are united by integrity, dedication standards guarantee the safety of our products for our AGRANA is a multinational enterprise based in Austria. social responsibility which is reflected in our actions. We and social awareness. We promote the exchange of customers. We focus on continually improving the quality Our Sugar segment and Starch segment operate in are creative, flexible, dedicated and always looking for new information, communication, training and continuous and hygiene standards of the foodstuffs and animal feeds Europe and our Fruit segment has global presence. In markets for our products. Our innovative power and staff development. We encourage our workforce to think we make. As a commitment to our customers, we strive these markets, AGRANA’s goal is to be a leader in the in- research and development work, together with our new and act responsibly and entrepreneurially. Each member for full traceability of our products back to their natural dustrial refining of agricultural raw materials. products launches tailored to customer requirements, of staff accepts responsibility for his or her own continuing sources. drive our leadership in the marketplace. development. Management ensures that all employees StratEGY By means of growth, efficiency and have the opportunities and support necessary for this PUBLIC RELATIONS AND TRANSPARENCY We aim to sustainable business practices, we are constantly boosting Organisation Our organisation is based on earnings- purpose. Our staff development activities form an integral appropriately take into account the interests of the society, the company’s value added. AGRANA regards sustainable oriented operational subsidiaries in the Sugar, Starch and part of our strategic objectives. Every employee has an in general, and our shareholders, in particular, our work- business practices to be consistent with commercial, Fruit segments. These are overseen by a holding company important part to play in our company that requires full force, the media, our partners in the marketplace and the ecological and social responsibility along the entire which undertakes the centralised management of the commitment and that challenges his or her abilities and general public informed about our goals, activities and value-added chain. entire Group and provides support by means of an expertise anew every day. Our style of work and leadership results. We strive to maintain our high level of transparency effective communications network aimed at ensuring a is founded on cooperation and trust. Flexibility and team- regarding all important innovations and developments. SERVICE TO THE MARKET We add value to agricultural regular exchange of information and the tapping of work are fundamental to our organisational structures commodities in order to produce high quality foodstuffs, synergies. and interpersonal relationships. Management is paid on animal feeds and organic fertilisers as well as technical the basis of performance. and intermediary products for industrial applications. FINANCE Profit constitutes the basis for the economic AGRANA is an international Important cornerstones here are long-term and partner- sustainability of our enterprise’s activities. We ensure company with head offices in Austria MISSION STATEMENT MISSION STATEMENT » Page 9 « OUR HISTORY 1988 PARTNER- 1990 2003 2012 2014 SHIP with Germany’s EXPANSION Südzucker AG OPENING of the company’s presence in the area OPENING INITIAL PUBLIC of the bioethanol facility of fruit preparations in the Middle East of the wheat starch plant in OFFERING (IPO) in Pischelsdorf|Austria and Africa with plants in Cairo|Egypt and Pischelsdorf|Austria of AGRANA Beteiligungs-AG Johannesburg|South Africa 2010 - 2011 FOUNDING MERGER of AGRANA- 50% of AGRANA Juice Beteiligungs-AG Holding GmbH and Ybbstaler Juice Austria ACQUISITION DEVELOPMENT GmbH and the launch of a 50 % stake of the third business segment, of the new brand OPENING EXPANSION 1989 in the Hungarian 1991 Fruit, with the areas of 2008 AUSTRIA JUICE 2013 of the new AGRANA of the company’s