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Press

Archive 2007

Mannheim, 2007-10-12:

Südzucker sees no market balance for 2007/08 as yet

The EU Commission announced on 11 October 2007 that, for the current sugar marketing year (Oct.-Sept.) 2007/08, it will not be further increasing the preventive withdrawal of 2 million tonnes of quota sugar already enacted in February 2007, since in its view, the sugar market would be balanced in ...
Mannheim, 2007-10-11:

Südzucker more optimistic about outlook for 2007/08 financial year

The complete Interim report about the first half of financial year 2007/08 you find on the right hand side or in the Download area.  During the first half of the 2007/08 financial year, the Südzucker Group's revenues declined to 2.8 (2.9) billion EUR and operating profit fell to 120 (250) million ...
Mannheim, 2007-09-27:

Südzucker appreciates improvement of sugar market regime by EU Council of Ministers of Agriculture

With immediate effect, the EU Council Ministers of Agriculture has agreed upon the amendment to the sugar market regime in its conference on 26th of September. The main target is to increase the attractiveness to renounce sugar quota to the restructuring fund that has been implemented in 2006 by the ...
Mannheim, 2007-07-24:

Südzucker confirms forecast

Shareholders at the annual general meeting of Südzucker AG Mannheim/Ochsenfurt, Mannheim, voted in favor of holding the dividend at EUR 0.55 per share, as recommended by the supervisory and executive boards. The executive board's recommendation took into consideration that operating profit for the ...
Mannheim, 2007-07-12:

Interim report 1st quarter 2007/08

The figures in brackets refer to the same period in the previous year Dear shareholders, This interim report was prepared to inform you about business developments in the first three months of the current 2007/08 business year (March to May 2007).Business results to date have fully met our ...
Mannheim, 2007-05-23:

Südzucker holds dividend

Südzucker was once again able to increase group revenues in 2006/07. They grew by some 8 % to EUR 5.8 billion (EUR 5.3 billion). This growth originated in the special products and fruit segments, whereby the sugar segment was already affected by restrictions arising from the new EU sugar market ...
Mannheim, 2007-03-21:

Südzucker decides on restructuring of plant locations

The impact of the reform of the EU sugar regime on market conditions has been significantly worse than previously expected for Südzucker. Südzucker is consequently forced to adjust its existing plant structures throughout the Group. The company sees no alternative to the closure of the Gross-Gerau ...
Mannheim, 2007-03-19:

SALES AND OPERATING PROFIT FORECAST FOR FY 2006/07 CONFIRMED; IMPAIRMENT WRITE-DOWN WITHIN FRENCH SUGAR SEGMENT IN LIGHT OF SUGAR MARKET REFORM

Based on group sales of EUR 5.7 (5.3) bln and an expected group operating profit of about EUR 420 (450) mln in FY 2006/07, Südzucker group has shown relative strength within a tough environment. Group accounts (IFRS) will reflect the current development within the EU sugar regime with an ...
Mannheim, 2007-01-11:

Interim Report 3rd Quarter 2006/07

The complete report you find in the Download area.  The figures in brackets refer to the same period in the previous year The first three quarters 2006/07 at a glance Revenues up 8.8 % to EUR 4.4 (4.0) billion. from operations ahead of the previous year: EUR 359 (349) million. Operating profit in ...