Mannheim, 9 October 2014
Südzucker confirms guidance for current fiscal year in face of difficult market environment
Südzucker AG Mannheim/Ochsenfurt, Mannheim, generated consolidated group revenues of EUR 3,482 (previous year: 3,937) million in the first six months of the current 2014/15 fiscal year (1 March 2014 to 31 August 2014), substantially less than ...
Mannheim, 17 July 2014
Südzucker pays EUR 0.50 dividend and confirms guidance
On 17 July 2014, shareholders at the annual general meeting of Südzucker AG Mann-heim/Ochsenfurt voted in favor of the supervisory and executive boards' recommendation to pay a dividend of EUR 0.50 per share (previous year: 0.90). The decision reflects...
Mannheim, 10 July 2014
Südzucker starts difficult fiscal 2014/15 according to forecast
Südzucker AG Mannheim/Ochsenfurt, Mannheim generated consolidated group revenues of EUR 1,773 (previous year: 1,979 ) million in the first three months of the current 2014/15 fiscal year (1 March to 31 May 2014), substantially less than last year at this time. Consolidated group operating profit also declined...
Mannheim, 15 May 2014
Südzucker cuts dividend and reports slow development in fiscal 2014/15
Südzucker AG Mannheim/Ochsenfurt, Mannheim generated consolidated group revenues of EUR 7,735 (previous year: 7,879) million in fiscal 2013/14 (1 March to 28 February 2014). Operating profit fell to EUR 658 (previous year: 972) million as projected,...
Mannheim, April 8, 2014
Südzucker achieves 2013/14 full year targets and expects significant earnings decrease in 2014/15
Südzucker AG Mannheim/Ochsenfurt, Mannheim, has reached for financial year 2013/14 (1 March 2013 to 28 February 2014) group revenues of EUR 7,735 (previous year: 7,879) million. Following previous year’s extraordinary performance, operating profit significantly decreasedas expected to EUR 658 (previous year: 972) million.Lower earnings in segments sugar, special products and CropEnergieswere in contrast to higher earnings in fruitsegment, as expected. Income from operations (EBIT) significantly decreased to EUR 542 (previous year: 955) million. It contains the result from restructuring and special items of EUR minus 116 million, mainly driven by the costs of the fine within the German anti-trust case and the refund claim of overpaid production levies in sugar marketing years 2001/02 to 2005/06.
Mannheim, February 25, 2014
Südzucker AG and Austrian shareholders increase participation in AGRANA Beteiligungs-AG
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Mannheim, February 18, 2014
Federal Cartel Authority of Germany fines Südzucker
European Antitrust Authority stops proceedings
The Federal Cartel Authority of Germany has closed the anti-trust proceedings against Südzucker AG Mannheim/Ochsenfurt, Mannheim, in connection with collusions, lasting until 2009, with other German producers in Germany. On 18 February 2014, the notice about an imposed fine...
Mannheim, January 13, 2014
Südzucker reports stable group revenue with lower earnings
Group revenue at Südzucker AG Mannheim/Ochsenfurt, Mannheim, in the first nine months (1 March 2013 to 30 November 2013) of fiscal 2013/14 came in at EUR 6,029 million, the same level as last year’s EUR 6,046 million. While revenue in the sugar segment...