Brief: Suedzucker H1 Operating EBITDA Rises To 303 Mln Euros
BRIEF-Suedzucker H1 Operating EBITDA Rises To 303 Mln Euros Oct 8 (Reuters) - SUEDZUCKER AG SZUG.DE:
CONSOLIDATED GROUP REVENUES OF SÜDZUCKER AG REMAINED STABLE AT EUR 4,188 (PREVIOUS YEAR: 4,199) MILLION IN FIRST HALF OF FISCAL 2026/27
GROUP OPERATING EBITDA ROSE TO EUR 303 MILLION (PREVIOUS YEAR: 189 MILLION)
REVENUES DECLINED MODERATELY IN SUGAR SEGMENT AND SLIGHTLY IN STARCH SEGMENT, BUT INCREASED MODERATELY IN CROPENERGIES, FRUIT AND SPECIAL PRODUCTS SEGMENTS
PERSISTENT HEAT, EXCEPTIONALLY LOW RAINFALL AND RESULTING SEVERE DROUGHT SINCE JUNE LED TO A SIGNIFICANT DETERIORATION IN CONDITION OF BEET CROPS AND, CONSEQUENTLY, A SUBSTANTIAL DECLINE IN EXPECTED BEET YIELDS
OVERALL, IT REMAINS DIFFICULT TO ASSESS ECONOMIC AND FINANCIAL IMPACT OF CURRENT GEOPOLITICAL AND GLOBAL ECONOMIC SITUATION ON FUTURE BUSINESS PERFORMANCE OF SÜDZUCKER GROUP
Further company coverage: SZUG.DE
(Gdansk Newsroom)
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