Südzucker reduces its forecast for the financial year 2025/26

Südzucker AG reduces the forecast published on February 11, 2025 for the financial year 2025/26 (March 1, 2025 to February 28, 2026). Südzucker expects group revenues to be between EUR 8.3 and 8.7 (previous forecast: EUR 8.7 to 9.2; 2024/25: EUR 9.7) billion. Group EBITDA is expected between EUR 470 and 570 (previous forecast: EUR 525 to 675; 2024/25: EUR 723) million, while group operating result is projected to be between EUR 100 and 200 (previous forecast: EUR 150 to 300; 2024/25: EUR 350) million.

In the sugar segment, persistently low global market prices combined with the EU market environment are expected to result in a reduced earnings contribution in the second half of the current 2025/26 fiscal year compared to the previous forecast. Although the EU market environment shows price increases, it remains below expectations.

In the CropEnergies segment, operating profit is also expected to be significantly below the previous forecast. The reasons are persistently low ethanol prices, which cannot be fully offset by declining net raw material costs, as well as technical difficulties following a scheduled maintenance shutdown, which are negatively impacting the operating profit.

In the special products segment, business development in the 2025/26 financial year is also below previous expectations. Due to increased material costs, which could only be partially passed on to customers, and growing price pressure on the sales side, the operating profit is expected to be below the previous forecast.

It should be noted that the forecast for the 2025/26 financial year remains subject to uncertainty due to the economic and financial impacts of the current geopolitical and global economic development. It continues to remain difficult to assess in terms of their effect on the future business performance of the Südzucker Group.