** 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))