Südzucker increases outlook for 2012/13 following strong first half year
Südzucker AG Mannheim/Ochsenfurt, Mannheim, raised group revenues within the first half year (1 March 2012 to 31 August 2012) of current financial year 2012/13 from EUR 3,338 million to EUR 3,917 million. Group operating profit increased to EUR 562 million from EUR 347 million. This earnings improvement is mainly driven by the sugar segment.
For financial year 2012/13 Südzucker now projects an increase of group revenues above EUR 7.5 (previous year: 7.0) billion and an increase of group operating profit above EUR 900 (previous year: 751) million.
The full interim report for the first half year 2012/13 will be published on 11 October 2012.
Group figures as of 31 August 2012:
The Südzucker Group
Südzucker, with its sugar, special products, CropEnergies and fruit segments, is one of the leading companies in the food industry. In the traditional sugar business, the group is the world market leader, with 29 sugar factories and three refineries, extending from France in the west via Belgium, Germany and Austria, through to Poland, the Czech Republic, Slovakia, Romania, Hungary, Bosnia and Moldova in the east. The special products segment, consisting of the functional food (BENEO), chilled/frozen products (Freiberger), portion packs and starch businesses, is an important growth driver. The CropEnergies segment covers the bioethanol activities in Germany, Belgium and France. In the fruit segment, the group operates internationally, is the world market leader for fruit preparations and is a leading supplier of fruit juice concentrates in Europe.
In 2011/12, the group employed 17,500 persons and generated revenues of about EUR 7 billion.
Südzucker AG, Mannheim/Ochsenfurt
Central Public Relations Department
Dr Dominik Risser
Phone: +49 621 421-205
Fax: +49 621 421-425
Press release: Südzucker increases outlook for 2012/13 following strong first half year (PDF, 55.43 KB)