Südzucker raises outlook for financial year 2011/12
Südzucker AG Mannheim/Ochsenfurt, Mannheim, raises the outlook for current financial year 2011/12 due to a better than expected business performance in the months September and October 2011. Südzucker now projects an increase of group revenues to around EUR 6.8 (previous year: 6.2) billion and an increase of group operating profit to around EUR 750 (previous year: 519) million. The increase of projections is being driven predominantly by the sugar segment, which currently benefits within the European sugar market from volatile world market prices.
Südzucker raises outlook for
financial year 2011/12
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