Suedzucker posts heavy Q2 earnings fall 82% on weak sugar market

Suedzucker AG

09/10/2025 06:09

HAMBURG, Oct 9 (Reuters) - Europe's largest sugar producer Suedzucker SZUG.DE on Thursday reported an 82% fall in quarterly operating profits with weak EU sugar markets continuing to trouble the company.

Germany's Suedzucker reported operating profit in the second quarter to end August of its 2025/26 fiscal year of 20 million euros ($23.29 million), down from 114 million euros in the same quarter the previous year.

Low EU sugar prices burdened results with a reduction in costs not enough to compensate, it said.

Suedzucker also on Thursday confirmed its reduced forecast of full-year 2025/26 operating profits of between 100 and 200 million euros from 350 million in the previous year.

($1 = 0.8587 euros)

 (Reporting by Michael Hogan, editing by Friederike Heine)

 ((michael.j.hogan@thomsonreuters.com; +49 172 671 36 54;))