Südzucker Q2 Profit Down

12-Oct-2015 - Germany

Südzucker AG reported that its net earnings attributable to shareholders for the second-quarter decreased to 24.9 million euros from the prior year's 26.3 million euros, with earnings per share declining to 0.12 euros from 0.13 euros last year.

Results from operation rose to 80.0 million euros from 66.5 euros in the previous year. Quarterly revenues declined to 1.70 billion euros from 1.71 billion euros in the previous year.

For financial year 2015/16, Südzucker still expects group revenues of 6.2 billion to 6.4 billion euros, and group operating profit to reach 180 million euros to 230 million euros.

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