1H20 report
(WorldNews Netherlands)

SEMIANNUAL REPORT of the Board of Directors for the six months period ended 30 June 2020 OVERVIEW ASTARTA`s consolidated revenues amounted to EUR172m in 1H20, 24% down y-o-y, as majority of the grain and oilseeds` 2019 harvest were sold by YE19. As a result the Agricultural segment generated 32% of consolidated sales versus 46% a year ago. The Sugar segment registered a 3% revenue growth to EUR57m on back of stable sales volumes and a 7% y-o-y increase in realized sugar price of EUR 354 per t. The Soybean Processing and the Cattle Farming segments generated EUR40m and EUR18m of revenues, correspondingly, vis-à-vis EUR46m and EUR17m in 1H19. Exports contributed EUR92m, or 53% of the Company`s...