Suedzucker lifts full-year guidance on higher biofuels demand
28/09/2026 09:05
Suedzucker lifts full-year guidance on higher biofuels demand Sept 28 (Reuters) - Suedzucker SZUG.DE, Europe's largest sugar producer, raised revenue and operating core earnings expectations for the 2026/27 financial year, as higher demand for biofuels supports the firm's earnings.
The Germany-based company now expects revenue of €8.3-8.7 billion ($9.4-$9.9 billion) this year, up from its previous forecast of €8.1-8.5 billion.
($1 = 0.8790 euros)
(Reporting by Tristan Veyet in Gdansk, editing by Bartosz Dabrowski)