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Südzucker AG Theodor-Heuss-Anlage 12 68165 Mannheim, Germany http://www.suedzucker.de
Contact Mr Dominik Risser +49 621 421205
Company logo of Südzucker AG
Südzucker AG

Südzucker expects significant earnings increase in the first quarter of the current 2022/23 financial year

Positive initial outlook for full fiscal 2022/23 despite Ukraine war

(PresseBox) (Mannheim, )
Insider information publication according to section 17 MAR

After a very positive start to fiscal 2022/23, Südzucker AG expects EBITDA and operating result for the first quarter of fiscal 2022/23 (1 March to 31 May 2022) to be significantly higher than last year's levels (Q1 2021/22: EBITDA: EUR 121 million; operating result: EUR 49 million).

For fiscal 2022/23 as a whole, Südzucker expects group revenues of EUR 8.7 to 9.1 (2021/22 year: 7.6) billion. We see EBITDA in a range of EUR 660 to 760 (2021/22: 692) million and consolidated operating result in a range of EUR 300 to 400 (1070/92: 460) fexrpcu.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.