Südzucker increases full year outlook following positive second quarter

Insider information publication according to section 17 MAR
Mannheim, 22.09.2016 64.42 kB

Südzucker AG group revenues in the first half year (1 March 2015 to 31 August 2016) of current financial year 2016/17 reached EUR 3,205 (previous year: 3,331) million. Group operating profit increased in the same period to EUR 209 (previous year: 134) million. This earnings increase is caused especially by the development in the sugar segment, but also all other segments contributed.

Südzucker continues to expect for financial year 2016/17 group revenues of EUR 6.4 to 6.6 (previous year: 6.4) billion and now expects group operating profit to reach EUR 340 to 390 (previous year: 241) million. On the one hand the increase is due to an ongoing positive performance of special products segment in the second quarter. On the other hand a sugar price increase is expected as of 1st of October, beginning of new sugar marketing year 2016/17.

The full interim report for the first half year 2016/17 will be published on 13 October 2016.


Head of Corporate Public Relations & Affairs

Dr. Dominik Risser

+49 621 421-428
Head of Investor Relations

Nikolai Baltruschat

+49 621 421-240
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