Suedzucker flags lower Q1 earnings

Suedzucker AG

11/04/2025 11:03

April 11 (Reuters) - German sugar producer Suedzucker SZUG.DE sees first quarter core earnings and operating result significantly below last year's level, citing a slow start to the 2025/26 financial year, the company said on Friday.

In the last financial year, Suedzucker achieved earnings before interests, taxes, depreciation and amortization of 230 million euros ($262 million), as well as an operating result of 155 million euros.

Suedzucker also confirmed the forecast for the 2025/26 financial year it posted in February.

($1 = 0.8771 euros)

 (Reporting by Tristan Veyet
Editing by Ludwig Burger)

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