Mannheim, 22 September 2015
Südzucker increases full year outlook following positive second quarter
Südzucker AG group revenues in the first half year (1 March 2015 to 31 August 2015) of current financial year 2015/16 reached EUR 3,331 (previous year: 3,482) million. Group operating profit decreased in the same period to EUR 134 (previous year: 147) million. This earnings reduction is caused by the development in the sugar segment.
Against this background of a positive second quarter development, Südzucker now expects for financial year 2015/16 group revenues of EUR 6.2 to 6.4 (previous year: 6.8) billion and group operating profit to reach EUR 180 to 230 (previous year: 181) million. The forecast increase is mainly supported by the ongoing positive bioethanol price development.
The full interim report for the first half year 2015/16 will be published on 8 October 2015.
22 September 2015
Südzucker increases full year outlook following positive second quarter (PDF, 55.44 KB)