Suedzucker up after it reports higher Q3 earnings

Suedzucker AG

11/01/2024 06:51

** Shares in Suedzucker  SZUG.DE  rise 3% in pre-market
trade after the Europe's largest sugar producer reported a 21%
rise in quarterly earnings
    ** The company reported Q3 operating profit of 268 million
euros ($294.16 million), up from 220 million euros in the same
quarter last year
    ** "Q323/24 earnings numbers read somewhat
better-than-expected. Solid finals could help sentiment to
improve at least first," a local trader says
    ** The stock is at the top of Germany'd small-caps index
 .SDAXI 

 (Reporting by Anastasiia Kozlova)
 ((Anastasiia.Kozlova@thomsonreuters.com))