Suedzucker sees lower Q2 profit on duty-free Ukraine imports

Suedzucker AG

10/07/2024 10:24

GDANSK, July 10 (Reuters) - Europe's largest sugar
producer Suedzucker  SZUG.DE  on Wednesday said it expects a
"significant decline" in second-quarter earnings, hurt by
prolonged duty-free agricultural imports from Ukraine into the
EU.
    It did not provide a concrete number for the expected
second-quarter earnings before interest, taxes, deprecation and
amortization (EBITDA). 
    
    

 (Reporting by Andrey Sychev
Editing by Ludwig Burger
)
 ((andrey.sychev@thomsonreuters.com;))