17.03.2016
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DGAP-News: KTG Agrar SE enters new attractive segment in the food market
DGAP-News: KTG Agrar SE / Key word(s): Miscellaneous
KTG Agrar SE enters new attractive segment in the food market
17.03.2016 / 07:45
The issuer is solely responsible for the content of this announcement.
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KTG Agrar SE enters new attractive segment in the food market
- Successful participation in INTERNORGA
- Out-of-home market records revenues of a good EUR 74 billion
- Successful diversification of the distribution channels in the food
segment
Hamburg, 17 March 2016. KTG Agrar SE (ISIN: DE000A0DN1J4) has entered an
attractive segment of the food market: food for restaurants, caterers and
commercial kitchens. This out-of-home market is undergoing a fundamental
change, as quality, organic products and regionality are increasingly
gaining importance. The segment has posted stable growth rates for many
years. Sales in the German out-of-home market alone amounted to a good EUR
74 billion in 2014 - compared to EUR 64 billion in 2010 (source: Statista).
At the INTERNORGA trade fair from 11 to 16 March 2016, KTG exhibited its
products at its own booth for the first time. While 2016 saw the leading
event for the out-of-home market celebrate its 90th anniversary, there were
no signs of old age on the part of the roughly 1,300 domestic and
international exhibitors and the 95,000 visitors. The trend topics of this
year's event - superfoods, vegan, organic and regional food as well as
sustainable system concepts - had their finger on the pulse of the times.
Accordingly, the new smoothies were the top products at the KTG booth.
"The trend towards healthy food will drive the out-of-home market in
Germany and abroad in the coming years. Our » from field to plate «
strategy is a unique response to the key trends of regionality, organic
food and frozen products. Accordingly, we received a lot of positive
feedback in the many talks we held at INTERNORGA," says Siegfried
Hofreiter, CEO of KTG Agrar SE. "I am convinced that this is a new
attractive output market for our company."
INTERNORGA has shown that KTG is developing new output markets with great
determination. This is an important strategic objective for the year 2016.
German retail stores, where KTG occupies close to 50 kilometres of shelf
and freezer space, remain the company's most important distribution
channel. The Group's growth in the coming years will additionally be driven
by exports, online distribution and the development of new segments such as
the out-of-home market. The company will push ahead with its expansion
without major investments. Thanks to the investments made in the past
years, KTG Foods, which serves as the umbrella for the food plants and the
"Frenzel Tiefkühlkost", "Bio-Zentrale" and "Die Landwirte" brands, will be
able to increase the food segment's sales revenues to approx. EUR 200
million (2014: EUR 103 million). The segment's margin will increase in sync
with capacity utilisation.
About KTG Agrar SE
With cultivable land of over 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, 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. KTG Agrar is the
European market leader in organic market products. The company mainly
produces in Germany but since 2005 also in the EU member states of
Lithuania and Rumania. KTG Agrar SE has been expanding the value chain
since 2011 and added food production to its business portfolio. The brands
Frenzel Tiefkühlkost, Bio-Zentrale Naturprodukte, Ölmühle Naturoel Anklam
and Die Landwirte are under the umbrella of KTG Foods SE. Since 2015 the
KTG Group is maintaining a sales office in Shanghai. In the year 2014, KTG
Agrar SE achieved a total output of EUR 297.7 million and an EBIT of EUR
37.1 million. The company has been listed on the Frankfurt Stock Exchange
since November 2007 and employed more than 1,000 staff at year end 2014.
Further information can be found on the company's website at www.ktg.ag.
Contact
Press / Investor Relations
Fabian Lorenz
T: +49 221 29831588
E: [email protected]
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17.03.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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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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446051 17.03.2016
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