Südzucker with continued sound business development
Südzucker AG Mannheim/Ochsenfurt, Mannheim, raised group revenues within the first nine months (1 March 2010 to 30 November 2010) of current financial year 2010/11 by around 5 percent from 4,438 million Euro to 4,667 million Euro. Group operating profit increased by around 108 million Euro or 35 percent to 416 (previous year: 308) million Euro. All segments contributed to this revenues and earnings improvement.
For total financial year 2010/11 Südzucker now expects an increase of group revenues to around 6.0 (previous year: 5.7) billion Euro and a hike of group operating profit to a level of around 500 (previous year: 403) million Euro. The boost in earnings will be driven predominantly by the segments sugar and CropEnergies.
The full interim report for the first nine months 2010/11 will be published on 13 January 2011.