Brief: Suedzucker H1 Consolidated Group Operating Result Up At EUR 129 Million

CropEnergies AG

08/10/2020 06:07

Oct 8 (Reuters) - SUEDZUCKER AG  SZUG.DE :
    * H1 THE CONSOLIDATED GROUP OPERATING RESULT CLIMBED
SIGNIFICANTLY
TO EUR 129 (PREVIOUS YEAR: 74) MILLION.
    * CONSOLIDATED REVENUES IN THE FIRST HALF YEAR OF FISCAL
2020/21
TOTALED EUR 3,349 (PREVIOUS YEAR: 3,314) MILLION
    * CONFIRMS CONSOLIDATED GROUP OUTLOOK FOR FISCAL 2020/21
    * FORECAST FOR THE THIRD QUARTER AND FOR FULL FISCAL 2020/21
IS
STILL CHARACTERIZED BY VERY GREAT UNCERTAINTY
    * H1 SUGAR SEGMENT'S REVENUES WERE COMPARABLE TO LAST YEAR
AT EUR
1,112 (PREVIOUS YEAR: 1,121) MILLION
    * H1 CROPENERGIES SEGMENT'S REVENUES FELL TO EUR 373
(PREVIOUS
YEAR: 405) MILLION.
    * OPERATING RESULT FOR THE THIRD QUARTER OF THE CURRENT
FISCAL
YEAR 2020/21 IS EXPECTED TO BE SIGNIFICANTLY ABOVE THE PREVIOUS
YEAR'S LEVEL (PREVIOUS YEAR: EUR 39 MILLION).

Source text for Eikon:  ID:nNDL3Tj3SL 
Further company coverage:  SZUG.DE 

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