DGAP-News: KTG Agrar meets the fast growing demand for regionally produced food
(firmenpresse) - DGAP-News: KTG Agrar AG / Key word(s): Miscellaneous
KTG Agrar meets the fast growing demand for regionally produced food
04.02.2013 / 08:11
---------------------------------------------------------------------
CORPORATE NEWS
KTG Agrar meets the fast growing demand for regionally produced food
- Produce to feed one million people
- Increase to 38,000 hectares to seize additional marketing opportunities
- Regional brand concept presented at Fruit Logistica and BioFach
Hamburg, 4 February 2013. For the past two years, KTG Agrar AG, one of the
leading agricultural companies in Europe, has focused on extending its
value chain from the cultivation and refinement of its own produce to
delivery to the final consumer. The company thus satisfies the fast growing
demand from German consumers for regionally produced food. In February, the
KTG Group will present its regional brand concept together with many
conventional and organic products at the Fruit Logistica show in Berlin and
the BioFach exhibition in Nuremberg, Germany.
KTG Agrar continued to expand its key resource for the production of
high-quality food - its farmland - in 2012. 'Our 'Agriculture needs a Home'
concept again helped us to win new land and businesses in 2012. We produce
a wide range of over 20 types of fruit and cultures on some 38,000
hectares. Maintaining a natural crop rotation is an integral element of our
sustainability strategy,' says Ulf Hammerich, KTG Agrar AG's Board member
in charge of the farming department. The large area of farmland allows the
company to supply food retailers directly with large homogeneous quantities
of its high-quality products.
For 20 years, the KTG Group has been the pioneer in large-scale organic
farming. Managing some 15,000 hectares of organic farmland, the Group will
continue to fully rely on sustainable farming going forward. Top priority
is attached to an optimum selection of farming regions and
resource-efficient production techniques. Freshly harvested vegetables such
as potatoes, onions and carrots are offered under the 'Erde-Gold' brand. In
addition, FZ Foods AG - a KTG Agrar subsidiary - has successfully
positioned itself in the growing product segment of conventional and
organic frozen foods. The range comprises potato products, ready-made meals
and frozen vegetables for retailers and wholesalers. Microwave trays have
only recently been added to the range. FZ-Foods, which also comprises the
'Frenzel' brand, ranks among the leading suppliers of frozen food in
Germany. The KTG range also includes convenience products. For example, the
'Dinner for one' line marketed under the 'Erde-Gold' brand comes in an
upright microwaveable pouch. KTG Agrar's integrated business model covering
the entire agricultural value chain, its growing range of foods and its
focus on regional production are in tune with ongoing demographic changes
and permit the company to tap into new target markets - from nutrition
conscious 'quality eaters' to single-person households.
The 'bio-zentrale' brand was added to the KTG portfolio at the beginning of
2013, marking the Group's step from spelt and wheat growing to producing
muesli, different flours, oat flakes, vegetable oils and many other
high-quality products. 'We aim to offer our customers tailor-made,
high-quality products. This is why we have specific offerings for
particular target markets, such as 'BIOKIDS' for children andthe
'Mühlenbach' brand for particularly demanding consumers,' says Siegfried
Hofreiter, CEO of KTG Agrar AG.
Going forward, the growth strategy of KTG Agrar will focus on the
production of agricultural commodities. Says Siegfried Hofreiter: 'Farmland
is a key resource and will remain our No. 1 investment target. What is
more, our strategic positioning as a 'single source supplier from the field
to the plate' is a unique proposition in Europe.'
February will see the KTG Group exhibit at:
Fruit Logistica, Berlin, 6 - 8 February 2013, Hall 21, Stand C08
BioFach, Nuremberg, 13 - 16 February 2013, in Hall 9, Stand 243 // Halle 6,
Stand 234.
About KTG Agrar
With cultivable land of more than 35,000 hectares, KTG Agrar AG (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, maize 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. As a result of the takeover of Frenzel Tiefkühlkost
in 2011, KTG has expanded the value chain by the production of food. In the
year 2011, KTG achieved a total output of EUR 112,1 million and EBIT of EUR
15,0 million. Since November 2007 the company is listed on the Frankfurt
Stock Exchange and has currently about 600 employees. Further information
can be found at www.ktg-agrar.de.
Contact
Investor Relations / Presse
Fabian Lorenz
IR.on AG
Phone: +49 221 914097-6
E-mail: fabian.lorenz(at)ir-on.com
End of Corporate News
---------------------------------------------------------------------
04.02.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: KTG Agrar AG
Ferdinandstr. 12
20095 Hamburg
Germany
Phone: +49 (0)40-303 76-47
Fax: +49 (0)40-303 76-799
E-mail: presse(at)ktg-agrar.de
Internet: www.ktg-agrar.de
ISIN: DE000A0DN1J4
WKN: A0DN1J
Indices: HASPAX
Listed: Freiverkehr in Berlin, Düsseldorf, Hamburg, München
(m:access), Stuttgart; Open Market (Entry Standard) in
Frankfurt
End of News DGAP News-Service
---------------------------------------------------------------------
200429 04.02.2013
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 04.02.2013 - 08:11 Uhr
Sprache: Deutsch
News-ID 225658
Anzahl Zeichen: 7000
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 311 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: KTG Agrar meets the fast growing demand for regionally produced food"
steht unter der journalistisch-redaktionellen Verantwortung von
KTG Agrar AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
