Südzucker with strong first half year 2011/12
Südzucker AG Mannheim/Ochsenfurt, Mannheim, raised group revenues within the first half year (1 March 2011 to 31 August 2011) of current financial year 2011/12 by around 9 percent from EUR 3,068 million to EUR 3,338 million. Group operating profit increased by around EUR 66 million or 23 percent to EUR 347 (previous year: 282) million. The sugar, CropEnergies and fruit segments contributed to this earnings improvement.
For total financial year 2011/12 Südzucker still expects an increase of group revenues to around EUR 6.5 (previous year: 6.2) billion and a group operating profit of more than EUR 600 (previous year: 519) million. The boost in earnings will be driven predominantly by the sugar segment.
The full interim report for the first half year 2011/12 will be published on 13 October 2011.