Ad-hoc | 22 September 2015 08:44
Südzucker AG / Key word(s): Half Year Results/Forecast
22.09.2015 08:44
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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.
Südzucker AG
Central Investor Relations Department
Nikolai Baltruschat
Maximilianstraße 10
68165 Mannheim, Germany
Phone: +49 621 421-240
Fax: +49 621 421-449
investor.relations@suedzucker.de
About 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 ingredients for food and
animal feed (BENEO), chilled/frozen products (Freiberger), portion packs
(PortionPack Europe) and starch divisions, is an important growth driver.
The CropEnergies segment covers the bioethanol activities in Germany,
Belgium, France and the UK. 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 2014/15, the group employed about 18,500 persons and generated revenues
of EUR 6.8 billion.
22.09.2015 The DGAP 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
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, XS0606202454 DE000A1AJLE6 XS0222524372
WKN: 729700, A1GNRQ A1AJLE A0E6FU,
Indices: MDAX
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime
Standard), Hamburg, Munich, Stuttgart; Regulated Unofficial
Market in Hanover
End of Announcement DGAP News-Service
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