Frozen pizzas keep Südzucker on track

Problems in the sugar business

09-Oct-2020 - Südzucker believes that, thanks among other things to the good performance of its frozen pizza business, it is on track to meet its annual targets after six months. The food and sugar producer can also build on better results in the biomass business, which is bundled in the listed bioethanol ...

Südzucker FY Preliminary Operating Result Falls

28-Mar-2019 - Südzucker AG (SUEZF.PK) reported that preliminary Group operating result for financial year 2018/19 decreased to about 25 million euros from the previous year's 445 million euros. The earnings decrease was caused especially by the sugar segment. Group revenues declined to 6.75 billion euros from ...

Südzucker wants to save up to 100 million euros a year

30-Jan-2019 - In today’s meeting, the executive board of Südzucker AG has concretized its restructuring plan for the sugar segment. Tomorrow, the restructuring plan is to be presented in the supervisory board meeting. This follows the announced examination in the sugar segment against the background of an ...

Südzucker reduces full year outlook in further very difficult market environment

21-Sep-2018 - Südzucker AG group revenues in the first half year (1 March 2018 to31 August 2018) of current financial year 2018/19 reached EUR 3,475 (previous year: 3,493) million. Group operating profit significantly decreased in the same period to EUR 139 (previous year: 282) million. In the second quarter ...

DouxMatok and Südzucker Announce Partnership to Manufacture and Commercialize Breakthrough Sugar Reduction Technology Across Europe

02-Aug-2018 - Addressing both industry and consumer’s needs, a key priority is to drive launches of new products with substantially less sugar and with no taste compromises. Südzucker, Europe’s leading sugar company, and DouxMatok, developer of targeted flavor delivery technology, today announced a partnership ...

Suedzucker Q3 result from operations declines; but lifts FY revenues outlook

17-Jan-2018 - German sugar producer Suedzucker AG (SUEZF.PK) reported that its result from operations for the third-quarter declined to 86 million euros from 133 million euros in the prior year. But, quarterly revenue for the third-quarter rose to 1.81 billion euros from 1.70 billion euros in the prior year. ...

Südzucker FY16/17 Profit Surges

19-May-2017 - Südzucker AG Thursday reported a surge in fiscal 2017 net income to 312 million euros from 181 million euros a year ago. Revenue for the fiscal year increased to 6.476 billion euros from 6.387 billion euros last year. Sugar segment revenues were down from the prior year. Further, the company ...

Südzucker subsidiary AGRANA plans strategic partnership with the shareholders of Serbian company Sunoko

30-Jun-2016 - The Austrian AGRANA Beteiligungs-AG, a round 50 percent Südzucker participation, intends a strategic partnership with the shareholders of Serbian company Sunoko d.o.o. and has therefore signed a term sheet with regard to achieving agreement about majority participation. The next step consists of ...

Südzucker earnings for the first three quarters 2015/16 improve

14-Jan-2016 - Südzucker AG, Mannheim, generated consolidated group operating result of EUR 198 (previous year: 174) million in the first three quarters (1 March 2015 to 30 November 2015) of the current 2015/16 fiscal year. The result was driven mainly by the significantly improved earnings of the CropEnergies ...

Südzucker specifies outlook for financial year 2015/16

20-Nov-2015 - Südzucker AG specifies its outlook for financial year 2015/16 on back of the further positive development notably of bioethanol prices also beyond the 2nd quarter and expecting a 3rd quarter group operating result significantly above prior year. Südzucker now projects group revenues at EUR 6.3 to ...