Suedzucker expects significantly lower second quarter earnings

Suedzucker AG

09/07/2025 16:03

July 9 (Reuters) - Europe's largest sugar producer Suedzucker SZUG.DE said on Wednesday that it expects significantly lower earnings for the second quarter compared with the previous year's levels, citing a slow start to the quarter.

Suedzucker also confirmed its full-year guidance, aiming for revenues between 8.7 billion and 9.2 billion euros ($10.19 billion -10.78 billion) and group earnings before interests, taxes, depreciation and amortization between 525 million and 675 million euros.

($1 = 0.8537 euros)

 (Reporting by Tristan Veyet in Gdansk, editing by Miranda Murray)

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