Südzucker with increased full year outlook following strong first quarter 2011/12

Insider information publication according to section 17 MAR
Mannheim, 22.06.2011 58.64 kB

Südzucker AG Mannheim/Ochsenfurt, Mannheim, raised group revenues within the first three months (1 March 2011 to 31 May 2011) of current financial year 2011/12 by around 7 percent from EUR 1,533 million to EUR 1,639 million. Group operating profit increased by around EUR 35 million or 24 percent to EUR 184 (previous year: 149) million. The sugar, CropEnergies and fruit segments contributed to this earnings improvement.

For total financial year 2011/12 Südzucker now expects an increase of group revenues to around EUR 6.5 (previous year: 6.2) billion and a group operating profit of more than EUR 600 (previous year: 519) million. The boost in earnings will be driven by the CropEnergies and fruit segments, but predominantly by the sugar segment.

The full interim report for the first three months 2011/12 will be published on 14 July 2011.


Head of Investor Relations

Nikolai Baltruschat

+49 621 421-240
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