Financial Results

AGRANA GROUP FINANCIAL PERFORMANCE 2010|11 2009|10 Change
€000 €000 %
Revenue 2,165,902 1,989,159 +8.9
EBITDA 207,234 176,246 +17.6
Operating profit before exceptional items 128,053 91,937 +39.3
Operating margin before exceptional items 5.9% 4.6%
Exceptional items 0 (5.007) +100.0
Operating profit after exceptional items 128,053 86,930 +47.3
Net financial items (18,959) 461 > -100.0
Profit before tax 109,094 87,391 +24.8
Profit for the period 86,686 72,702 +19.2
Purchases of property, plant and equipment and intangibles1 55,859 48,382 +15.5
Purchases of non-current financial assets 118 941 -87.5
Staff count 8,243 7,927 +4.0

1 Excluding goodwill.

The consolidated financial statements for the 2010|11 financial year were prepared in accordance with International Financial Reporting Standards (IFRS). The consolidated financial statements relate to AGRANA’s financial year (the twelve months from March 2010 to February 2011), with comparative data presented for the prior year.