Germany's Südzucker fiscal 2025/26 revenue falls on sugar price and volume drop

Suedzucker AG

21/05/2026 09:12

Overview

Germany sugar and food ingredients producer's fiscal 2025/26 revenue declined significantly yr/yr

Fiscal 2025/26 operating EBITDA and operating result both declined compared to previous year

Company confirmed fiscal 2026/27 forecast, expects stable revenue and improved operational EBITDA

Outlook

Sudzucker expects 2026/27 group revenues between EUR 8.0 bln and EUR 8.4 bln

Company sees 2026/27 operational EBITDA between EUR 480 mln and EUR 680 mln

Company expects continued volatility in sales and procurement markets due to geopolitical uncertainty

Result Drivers

SUGAR PRICE AND VOLUME DROP - Sugar segment results deteriorated due to significantly lower prices and sales volumes, with prices failing to recover after a larger-than-expected European beet harvest

SPECIAL PRODUCTS SALE AND COSTS - Special products segment results fell due to the sale of the Richelieu business in the USA, lower overall prices, and higher personnel costs

CROPENERGIES COST RELIEF - CropEnergies segment operating result improved due to lower net raw material and energy costs, despite lower revenues from reduced sales volumes and temporary plant closures

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY EBITDA
EUR 535 mln
FY Operating Result
EUR 163 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 6 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the food processing peer group is "buy."

Wall Street's median 12-month price target for Suedzucker AG is €10.45, about 11.3% below its May 20 closing price of €11.78

The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 40 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)