05.06.2015
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DGAP-News: KTG Agrar SE: Warburg Research confirms 'buy' recommendation for KTG Agrar share, quoting a price target of EUR 18.90
DGAP-News: KTG Agrar SE / Key word(s): Research Update
KTG Agrar SE: Warburg Research confirms 'buy' recommendation for KTG
Agrar share, quoting a price target of EUR 18.90
05.06.2015 / 13:51
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KTG Agrar SE: Warburg Research confirms "buy" recommendation for KTG Agrar
share, quoting a price target of EUR 18.90
- Consolidated net profit expected to almost triple to EUR 14.79 million
by 2016
Hamburg, 5 June 2015. Following the publication of the 2014 consolidated
annual report and the completion of the capital increase, Warburg Research
has confirmed its "buy" recommendation for the KTG Agrar SE share (ISIN:
DE000A0DN1J4), quoting a price target of EUR 18.90. This means that
analysts envisage a c. 32% upside potential in the share price (XETRA
closing price on 4 June 2015: EUR 14.35). Therefore, earnings per share are
expected to increase from EUR 0.83 to EUR 2.19.
The complete analysis is available to download at
www.ktg-agrar.com/investor-relations/research.html.
About KTG Agrar SE
With cultivable land of approx. 45,000 hectares, KTG Agrar SE (ISIN:
DE000A0DN1J4) is one of the leading producers of agricultural commodities
in Europe. As an integrated supplier, the company produces agricultural
commodities and renewable energy and food. The Hamburg-based company's core
area of expertise is the organic and traditional cultivation of market
products such as cereals, potatoes, soy and rapeseed. For organic market
products KTG Agrar is the European market leader. The company mainly
produces in Germany but has also operated production in the EU member state
of Lithuania since 2005. The KTG Foods SE umbrella includes Frenzel
Tiefkühlkost, Bio-Zentrale Naturprodukte, Ölmühle Naturoel Anklam and
Frischedienst Linthe as well as the brand "Die Landwirte". In the year
2014, KTG achieved a total output of EUR 297.7 million and EBIT of EUR 37.1
million. Since November 2007 the company is listed on the Frankfurt Stock
Exchange and had more than 1,000 employees at year end of 2014. Further
information can be found at www.ktg.ag
Kontakt:
Investor Relations / Presse
Fabian Lorenz
MC Services AG
Tel: +49 211 529252 28
[email protected]
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05.06.2015 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: KTG Agrar SE
Ferdinandstr. 12
20095 Hamburg
Germany
Phone: +49 (0)40-303 76-47
Fax: +49 (0)40-303 76-799
E-mail: [email protected]
Internet: www.ktg-agrar.de
ISIN: DE000A0DN1J4, DE000A1H3VN9, DE000A1ELQU9, DE000A11QGQ1,
WKN: A0DN1J , A1H3VN, A1ELQU, A11QGQ
Indices: HASPAX
Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Munich (m:access), Stuttgart; Open Market (Entry
Standard) in Frankfurt
End of News DGAP News-Service
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