Südzucker raises outlook for financial year 2011/12

Insider information publication according to section 17 MAR
Mannheim, 22.11.2011 57.67 kB

Südzucker AG Mannheim/Ochsenfurt, Mannheim, raises the outlook for current financial year 2011/12 due to a better than expected business performance in the months September and October 2011. Südzucker now projects an increase of group revenues to around EUR 6.8 (previous year: 6.2) billion and an increase of group operating profit to around EUR 750 (previous year: 519) million. The increase of projections is being driven predominantly by the sugar segment, which currently benefits within the European sugar market from volatile world market prices.


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Nikolai Baltruschat

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