Brief: Suedzucker Confirms Annual Forecast

Suedzucker AG

14/01/2025 06:05

Jan 14 (Reuters) - SUEDZUCKER AG  SZUG.DE :
    * CONFIRMS ANNUAL FORECAST FOLLOWING FIRST NINE MONTHS OF
FISCAL
YEAR
    * GROUP EBITDA WAS DOWN SIGNIFICANTLY TO EUR 502 (PREVIOUS
YEAR:
1,124) MILLION
    * REVENUES OF SÜDZUCKER AG FELL IN FIRST THREE QUARTERS OF
FISCAL
2024/25 (1 MARCH TO 30 NOVEMBER 2024) SLIGHTLY TO EUR 7,466
(PREVIOUS YEAR: 7,779) MILLION.
    * REVENUES DECLINED IN SPECIAL PRODUCTS, CROPENERGIES AND
STARCH
SEGMENTS, BUT WERE AT LAST YEAR'S LEVEL IN SUGAR SEGMENT AND
ROSE SLIGHTLY IN FRUIT SEGMENT
    * CONSOLIDATED GROUP OPERATING RESULT RECORDED IN Q3 OF
2024/25
WAS NEGATIVE AND FELL SIGNIFICANTLY TO EUR 236 (PREVIOUS YEAR:
860) MILLION IN REPORTING PERIOD
    * FY 2025 GROUP EBITDA IS ANTICIPATED TO RANGE FROM EUR 550
TO 650
(2023/24: 1,318) MILLION
    * FY CONSOLIDATED OPERATING RESULT IS EXPECTED TO BE BETWEEN
EUR
175 AND 275 (2023/24: 947) MILLION

Further company coverage:  SZUG.DE 

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