Press release BoxID: 849033 (Südzucker AG)
  • Südzucker AG
  • Theodor-Heuss-Anlage 12
  • 68165 Mannheim
  • Contact person
  • Dominik Risser
  • +49 (621) 421-205

Südzucker management board decides about dividend recommendation and announces preliminary figures for business year 2016/17

(PresseBox) (Mannheim, ) Südzucker AG announces preliminary figures. In financial year 2016/17 (1 March 2016 to 28 Feb-ruary 2017) group revenues reached EUR 6,476 (previous year: 6,387) million. Group operating profit significantly increased in the same period to EUR 426 (previous year: 241) million. The in-crease is caused especially by the development in the sugar segment, but also all other segments contributed.

Conditional to a respective resolution by the supervisory board (expected 17 May 2017), a divi-dend of 0.45 (previous year: 0.30) Euro per share shall be recommended for business year 2016/17 to the annual general meeting, taking place 20 July 2017.

The full report for business year 2016/17 will be published on 18 May 2017.

Südzucker AG

Südzucker, with its sugar, special products, CropEnergies and fruit segments, is one of the lead-ing companies in the food industry. In the traditional sugar business, the group is the world mar-ket leader, with 29 sugar factories and two refineries, extending from France in the west via Bel-gium, Germany and Austria, through to Poland, the Czech Republic, Slovakia, Romania, Hungary, Bosnia and Moldova in the east. The special products segment, consisting of the functional ingre-dients for food and animal feed (BENEO), chilled/frozen products (Freiberger), portion packs (Por-tionPack Europe) and starch divisions, is an important growth driver. The CropEnergies segment covers the bioethanol activities in Germany, Belgium, France and the UK. In the fruit segment, the group operates internationally, is the world market leader for fruit preparations and is a leading supplier of fruit juice concentrates in Europe.

In 2016/17, the group employed about 16,900 persons and generated revenues of EUR 6.5 billion.