Südzucker increases outlook for 2012/13 following strong first half year
Südzucker AG Mannheim/Ochsenfurt, Mannheim, raised group revenues within the first half year (1 March 2012 to 31 August 2012) of current financial year 2012/13 from EUR 3,338 million to EUR 3,917 million. Group operating profit increased to EUR 562 million from EUR 347 million. This earnings improvement is mainly driven by the sugar segment.
For financial year 2012/13 Südzucker now projects an increase of group revenues above EUR 7.5 (previous year: 7.0) billion and an increase of group operating profit above EUR 900 (previous year: 751) million.
The full interim report for the first half year 2012/13 will be published on 11 October 2012.