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SZU Suedzucker AG News Story

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Suedzucker shares slip after 85% profit slump

** Shares of Suedzucker SZUG.DE fall 1.8% after Europe's largest sugar producer posted a 85% quarterly operating profit slump, hurt by low EU sugar prices

** Suedzucker reports an operating profit of 22 million euros ($25.81 million) for the first quarter to end-May, down from 155 million euros a year earlier

** It also announced on Wednesday it expects significantly lower second quarter earnings due to a slow start to the quarter

** Suedzucker's stock is at the bottom of Germany's small-caps index .SDAXI

($1 = 0.8522 euros)

 (Reporting by Tristan Veyet)

 ((Tristan.chabba@thomsonreuters.com))

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