Austria's top economic news - January 13

Austrian sugar, starch and fruit group Agrana said it has raised its net profit by 12.5% year-on-year to EUR 65m in the first nine months of 2010/11. Sales rose 5.8% to EUR 1.624bn. In view of the good performance in the third quarter, the company predicts a considerable increase of the operating results and the margins for the full fiscal year. Agrana sees sales of above EUR 2bn for full 2010/11, up from EUR 1.99bn a year earlier.