Suedzucker suspends dividend as it writes down up to 550 mln eur

Suedzucker AG

17/02/2026 13:13

Feb 17 (Reuters) - Europe's largest sugar producer Suedzucker SZUG.DE will suspend the distribution of its dividend for the 2025/26 fiscal year, the company said on Tuesday, citing impairment losses ranging from 450 to 550 million euros ($532-$651 million).

The impairment losses do not affect Suedzucker's core earnings and operating result outlook for the 2025/26 fiscal year, which ends this month, it added.

($1 = 0.8455 euros)

 (Reporting by Tristan Veyet in Gdansk
Editing by Ludwig Burger)

 ((Tristan.Chabba@thomsonreuters.com;))