Ad-hoc | 22 November 2011 13:16
Südzucker AG Mannheim/Ochsenfurt / Key word(s): Forecast/Change in Forecast
22.11.2011 13:16
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Mannheim, November 22, 2011
Südzucker AG Mannheim/Ochsenfurt, Mannheim, raises the outlook for current
financial year 2011/12 due to a better than expected business performance
in the months September and October 2011.
Südzucker now projects an increase of group revenues to around EUR 6.8
(previous year: 6.2) billion and an increase of group operating profit to
around EUR 750 (previous year: 519) million. The increase of projections is
being driven predominantly by the sugar segment, which currently benefits
within the European sugar market from volatile world market prices.
Südzucker AG Mannheim/Ochsenfurt
Central Investor Relations Department
Nikolai Baltruschat
Maximilianstrasse 10
68165 Mannheim
Phone: +49 621 421-240
Fax: +49 621 421-463
Investor.relations@suedzucker.de
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Information and Explaination of the Issuer to this News:
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 2010/11, the group employed 17,700 persons and generated revenues of EUR
6.2 billion.
22.11.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Südzucker AG Mannheim/Ochsenfurt
Maximilianstr. 10
68165 Mannheim
Germany
Phone: +49 (0)621 - 421-530
Fax: +49 (0)621 - 421-7530
E-mail: investor.relations@suedzucker.de
Internet: www.suedzucker.de
ISIN: DE0007297004, DE0008461021 DE0001780807 DE000A0AABH1 XS0222524372
WKN: 729700, 846102, 178080, A0AABH, A0E6FU,
Indices: MDAX
Listed: Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime
Standard), Hamburg, München, Stuttgart; Freiverkehr in
Hannover
End of Announcement DGAP News-Service
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