Germany's Südzucker H1 EBITDA up; raises FY revenue outlook
Germany's Südzucker H1 EBITDA up; raises FY revenue outlook
Overview
Germany-based sugar producer's fiscal H1 revenue stable at EUR 4.19 bln
Operating EBITDA for fiscal H1 rose significantly to EUR 303 mln
Company raised fiscal 2026/27 revenue and EBITDA outlook
Outlook
Südzucker sees fiscal 2026/27 group revenue between EUR 8.3 bln and EUR 8.7 bln
Company expects fiscal 2026/27 operating EBITDA of EUR 540 mln to EUR 680 mln
Company says economic and geopolitical uncertainty may impact future performance
Result Drivers
EFFICIENCY MEASURES - Co said improved efficiency and cost reductions contributed to results, per CEO Dr Niels Pörksen
PRODUCTION COST REDUCTION - Lower production costs in sugar segment helped improve results despite revenue decline
ETHANOL PRICES - Higher prices for renewable ethanol and lower raw material costs boosted CropEnergies segment results
Company press release: Full Story
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| EUR 4.19 bln |
|
H1 EBITDA |
| EUR 303 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the food processing peer group is "buy."
Wall Street's median 12-month price target for Südzucker AG is €11.55, about 6.9% below its October 7 closing price of €12.40
The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 18 three months ago
Reuters Recommended Reads
Oct 6 - German refined sugar output seen down about 25% this season, association says
Oct 7 - German industrial output rises more than expected in August
Oct 7 - German trade industry raises 2026 export growth forecast to 1%
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)