Brief: Suedzucker FY Group EBITDA Down At EUR 715 Mln

Suedzucker AG

18/03/2025 17:08

March 18 (Reuters) - SUEDZUCKER AG SZUG.DE:

ANNOUNCES PRELIMINARY FIGURES FOR THE 2024/25 FINANCIAL YEAR – EXECUTIVE BOARD PROPOSES DIVIDEND REDUCTION

FY GROUP REVENUES OF AROUND EUR 9.7 (FORECAST: "MIDPOINT OF RANGE OF EUR 9.5 TO 9.9"; 2023/24: 10.3) BILLION

FY GROUP EBITDA DECREASED SIGNIFICANTLY IN SAME PERIOD TO AROUND EUR 715 MILLION

TO PROPOSE A DIVIDEND OF EUR 0.20 (2023/24: 0.90) PER SHARE

OUTLOOK: CONFIRMS INITIAL FORECAST, PUBLISHED ON 11 FEBRUARY 2025

FURTHER IMPACTS FROM ONGOING WAR IN UKRAINE AND RESULTING CONTINUED FUNDAMENTAL INCREASE IN ALREADY HIGH VOLATILITIES ON SALES AND PROCUREMENT MARKETS ARE TO BE EXPECTED

FY CONSOLIDATED OPERATING RESULT ALSO DECREASED SIGNIFICANTLY TO AROUND EUR 340 MILLION

Source text: ID:nPexG1BYca

Further company coverage: SZUG.DE

 (Gdansk Newsroom)

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