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Suedzucker AG

SZUG.DE

Latest Trade

15.43EUR

Change

0.30(+1.98%)

Volume

376,334

Today's Range

15.06

 - 

15.51

52 Week Range

11.20

 - 

16.52

As of on the XETRA ∙ Minimum 15 minute delay

Latest Developments

Suedzucker 9-Month Group EBITDA Up At EUR 373 Million

Jan 14 (Reuters) - SUEDZUCKER <SZUG.DE>::9MTH GROUP EBITDA ROSE TO EUR 373 (PREVIOUS YEAR: 345) MILLION.IN THE FIRST THREE QUARTERS OF 2019/2020, POSTED GROUP CONSOLIDATED REVENUES OF EUR 5,028 (PREVIOUS YEAR: 5,192).AFTER NINE MONTHS GROUP OPERATING RESULT WAS COMPARABLE TO LAST YEAR’S LEVEL AT EUR 113 (PREVIOUS YEAR: 116) MILLION.SÜDZUCKER EXPECTS CONSOLIDATED GROUP REVENUES IN FISCAL 2019/20 OF EUR 6.7 TO 7.0 (PREVIOUS YEAR: 6.8) BILLION.WE ARE CURRENTLY PROJECTING A SIGNIFICANT DECLINE IN FY REVENUES IN THE SUGAR SEGMENT (PREVIOUS FORECAST: MODERATE DECLINE, PREVIOUS YEAR: EUR 2.6 BILLION)..CONSOLIDATED GROUP OPERATING RESULT IS NOW EXPECTED TO RANGE FROM EUR 70 TO 130 (PREVIOUS FORECAST: 50 TO 130; PREVIOUS YEAR: 27) MILLION.ESTIMATE THAT THE SUGAR SEGMENT WILL REPORT ANOTHER OPERATING LOSS BETWEEN EUR -200 AND -260 (PREVIOUS YEAR: -239) MILLION.WE ANTICIPATE CAPITAL EMPLOYED TO RISE, MAINLY BECAUSE OF THE APPLICATION OF THE NEW IFRS STANDARD REGARDING LEASE ACCOUNTING.CROPENERGIES SEGMENT’S OPERATING RESULT IS NOW EXPECTED TO BE AROUND EUR 100 (PREVIOUS FORECAST: 70 TO 90; PREVIOUS YEAR: 33) MILLION.BASED ON THE AFOREMENTIONED OPERATING RESULT RANGE, ROCE IS EXPECTED TO COME IN AT UP TO 2 PERCENT (PREVIOUS YEAR: 0.4 PERCENT).

Suedzucker Q3 Group Operating Result Up At EUR 39 Mln

Dec 18 (Reuters) - SUEDZUCKER AG <SZUG.DE>::CONCRETISES EARNINGS FORECAST FOLLOWING STRONG THIRD QUARTER 2019/20.9-MONTH CONSOLIDATED GROUP OPERATING RESULT ACHIEVED IN SAME PERIOD ALMOST PREVIOUS YEAR'S LEVEL WITH EUR 113 (PREVIOUS YEAR: 116) MILLION.Q3 CONSOLIDATED GROUP REVENUES OF EUR 1,713 (PREVIOUS YEAR: 1,717) MILLION.STILL EXPECTS FOR FISCAL YEAR 2019/20 CONSOLIDATED GROUP REVENUES BETWEEN EUR 6.7 TO 7.0 (PREVIOUS YEAR: 6.8) BILLION.NOW ASSUMES FY CONSOLIDATED GROUP OPERATING RESULT TO REACH BETWEEN EUR 70 TO 130 (PREVIOUS FORECAST: 50 TO 130; PREVIOUS YEAR: 27) MILLION.Q3 CONSOLIDATED GROUP OPERATING RESULT SIGNIFICANTLY INCREASED TO EUR 39 (PREVIOUS YEAR: -23) MILLION.SEES FY 2019/20 EBITDA BETWEEN EUR 430 TO 490 (PREVIOUS FORECAST: 410 TO 490; PREVIOUS YEAR: 353) MILLION.CROPENERGIES SEGMENT SHOULD REACH A FY OPERATING RESULT OF APPROXIMATELY EUR 100 (PREVIOUS FORECAST: 70 TO 90; PREVIOUS YEAR: 33) MILLION.MAIN REASON FOR IMPROVEMENT ARE CONTINUED SIGNIFICANTLY HIGHER SALES REVENUES FOR RENEWABLE ETHANOL.

Suedzucker Increases FY Operating Result Outlook

Oct 25 (Reuters) - SUEDZUCKER AG <SZUG.DE>::INCREASES OPERATING RESULT OUTLOOK IN FURTHER VERY POSITIVE ETHANOL MARKET ENVIRONMENT.NOW EXPECTS GROUP OPERATING RESULT TO REACH EUR 50 TO 130 (PREVIOUS FORECAST: 0 TO 100; PREVIOUS YEAR: 27) MILLION.NOW SEES FY EBITDA TO REACH EUR 410 TO 490 (PREVIOUS FORECAST: 360 TO 460; PREVIOUS YEAR: 353) MILLION..STILL EXPECTS FOR FINANCIAL YEAR 2019/20 GROUP REVENUES OF EUR 6.7 TO 7.0 (PREVIOUS YEAR: 6.8) BILLION.NOW, SÜDZUCKER ESTIMATES FY SUGAR SEGMENT TO POST AN OPERATING LOSS OF EUR -200 TO -260 (PREVIOUS FORECAST: -200 TO -300; PREVIOUS YEAR: -239) MILLION..FOR CURRENT Q3 OF FINANCIAL YEAR 2019/20, SÜDZUCKER NOW EXPECTS A SLIGHTLY POSITIVE GROUP OPERATING RESULT.EXPECTS IN 2019/20 FOR GROUP AT EQUITY RESULT A SIGNIFICANTLY NEGATIVE IMPACT FROM ED&F MAN HOLDINGS LIMITED (SÜDZUCKER AG PARTICIPATION ABOUT 35 PERCENT).ESPECIALLY NON-CASH BURDEN FROM STRATEGIC REALIGNMENT WILL BE INCLUDED AT ED&F MAN WHICH WILL CONCRETIZE IN Q3..

Suedzucker H1 Group Operating Result Down At EUR 74 Mln

Oct 10 (Reuters) - SUEDZUCKER AG <SZUG.DE>::SUEDZUCKER CONFIRMS FULL-YEAR 2019/20 FORECAST.H1 CONSOLIDATED REVENUES OF EUR 3,314 (PREVIOUS YEAR: 3,475) MILLION.H1 GROUP OPERATING RESULT DROPPED AS EXPECTED SIGNIFICANTLY TO EUR 74 (PREVIOUS YEAR: 139) MILLION.H1 SUGAR SEGMENT'S REVENUES FELL SHARPLY TO EUR 1,121 (PREVIOUS YEAR: 1,389) MILLION.H1 SUGAR SEGMENT'S OPERATING LOSS OF EUR -93 (PREVIOUS YEAR: 3) MILLION HAD BEEN PREDICTED.Q2 OPERATING RESULT 28 MILLION EUROS, DOWN 54.8%.

Suedzucker Q1 Revenues Down To EUR 1.68 Bln

July 11 (Reuters) - Suedzucker AG <SZUG.DE>::FIRST-QUARTER 2019/20 REVENUES OF SÜDZUCKER AG DECREASED TO EUR 1,680 (PREVIOUS YEAR: 1,741) MILLION.Q1 CONSOLIDATED GROUP OPERATING RESULT DECREASED AS EXPECTED SIGNIFICANTLY TO EUR 47 (PREVIOUS YEAR: 78) MILLION.FISCAL YEAR 2019/20 FORECAST CONFIRMED.

Suedzucker FY Operating Loss Of EUR -239 Mln

May 16 (Reuters) - SUEDZUCKER AG <SZUG.DE>::DIVIDEND OF EUR 0.20 PER SHARE.FY CONSOLIDATED LOSS OF EUR 805 (PREVIOUS YEAR: NET EARNINGS OF 318) MILLION.CONSOLIDATED GROUP REVENUES FELL TO EUR 6,754 (PREVIOUS YEAR: 6,983) MILLION IN FISCAL 2018/19 (1 MARCH 2018 TO 28 FEBRUARY 2019).FY OPERATING LOSS OF EUR -239 (PREVIOUS YEAR: OPERATING PROFIT 139) MILLION.EXPECTING CONSOLIDATED GROUP REVENUES OF EUR 6.7 TO 7.0 BILLION IN FISCAL 2019/20.OUTLOOK 2019: A RANGE OF EUR 0 TO 100 MILLION IS ASSUMED FOR CONSOLIDATED GROUP OPERATING RESULT.IN FISCAL 2019/20 EXPECTS SUGAR SEGMENT'S REVENUES TO DECLINE MODERATELY.IN FISCAL 2019/20 ANTICIPATES A RANGE OF EUR 720 TO 820 MILLION FOR CROPENERGIES SEGMENT'S REVENUES.EXPECTS SPECIAL PRODUCTS SEGMENT'S REVENUES TO RISE SLIGHTLY AND FRUIT SEGMENT'S TO INCREASE MODERATELY IN FY 2019/20.CROPENERGIES SEGMENT'S OPERATING RESULT IS EXPECTED TO COME IN BETWEEN EUR 20 AND 70 MILLION FOR 2019/20.

Suedzucker FY Prelim EBITDA Down At About EUR 350 Million

March 27 (Reuters) - Suedzucker AG <SZUG.DE>::DIVIDEND 0.20 EURPER SHARE.IN FINANCIAL YEAR 2018/19 (1 MARCH 2018 TO 28 FEBRUARY 2019) GROUP REVENUES REACHED ABOUT EUR 6.75 (PREVIOUS YEAR: 6.98) BILLION..FY GROUP OPERATING RESULT DECREASED IN SAME PERIOD TO ABOUT EUR 25 (PREVIOUS YEAR: 445) MILLION.EXPECTS FY EBITDA OF ABOUT EUR 350 (PREVIOUS YEAR: 758) MILLION.DECIDED TO PROPOSE A DIVIDEND OF EUR 0.20 (PREVIOUS YEAR: 0.45) PER SHARE FOR FINANCIAL YEAR 2018/19.EXPECTS FOR FINANCIAL YEAR 2019/20 GROUP REVENUES OF EUR 6.7 TO 7.0 BILLION.EXPECTS FOR FINANCIAL YEAR 2019/20 OPERATING RESULT RANGE OF EUR 0 TO 100 MILLION..EXPECTS 2019/2020 GROUP EBITDA OF EUR 360 TO 460 MILLION (INCL. ADJUSTMENTS FROM APPLICATION OF IFRS 16).ESTIMATES A SIGNIFICANT REVENUE SALES DRIVEN EARNINGS IMPROVEMENT FROM OCTOBER 2019, BEGINNING OF NEW SUGAR MARKETING YEAR.EXPECTS FOR 2019/2020 ANOTHER OPERATING LOSS IN SEGMENT SUGAR OF EUR -200 TO -300 MILLION.

Suedzucker to close 5 factories in restructuring move

Feb 25 (Reuters) - Suedzucker AG <SZUG.DE>::DGAP-ADHOC: SÜDZUCKER AG: SÜDZUCKER SUPERVISORY BOARD AGREES ON RESTRUCTURING PLAN FOR SUGAR SEGMENT.SÜDZUCKER SUPERVISORY BOARD AGREES ON RESTRUCTURING PLAN FOR SUGAR SEGMENT.TARGETS TO REDUCE IMPACT OF STRONG PRICE VARIATION IN GLOBAL AND EU SUGAR MARKETS ON SUGAR SEGMENT AND THEREFORE TO SECURE AND STRENGTHEN SUSTAINED ECONOMIC CORPORATE SUCCESS.IT IS PLANNED TO CLOSE FIVE SUGAR FACTORIES WITH AN AVERAGE ANNUAL TOTAL SUGAR PRODUCTION VOLUME OF ABOUT 700,000 TONNES, TO STREAMLINE CAPACITIES MORE ALONGSIDE EUROPEAN MARKET DEMAND.FOLLOWING CAMPAIGN 2019 THERE SHOULD BE TWO FACTORY CLOSURES IN GERMANY (BROTTEWITZ AND WARBURG) AND TWO FACTORY CLOSURES AT FRENCH SUBSIDIARY SAINT LOUIS SUCRE (CAGNY AND EPPEVILLE).AFFECTED FACTORY AT POLISH SUBSIDIARY SÜDZUCKER POLSKA (STRZYŻÓW) SHOULD BE CLOSED EARLIER.TOTAL COST SAVINGS IMPACT COULD AMOUNT IN FOLLOWING YEARS UP TO APPROXIMATELY EUR 100 MILLION P.A. DEPENDING ON SUGAR WORLD MARKET PRICE.RESTRUCTURING EXPENSES COULD AMOUNT IN TOTAL IN FOLLOWING YEARS TO EUR 180 TO 220 MILLION, OF WHICH ABOUT 70 PERCENT ARE CASH FLOW RELATED.CONCRETE FINANCIAL IMPLICATIONS FOR BUSINESS YEAR 2018/19, AMONG OTHERS REVIEW OF GOODWILL VALUE, WILL BE DETERMINED IN LINE WITH ANNUAL ACCOUNTS PREPARATION.GROUP'S REVENUES AND OPERATING RESULT OUTLOOK FOR BUSINESS YEAR 2018/19 IS NOT AFFECTED BY THIS.

Suedzucker Concretizes Restructuring Plan For Sugar Segment

Jan 29 (Reuters) - Suedzucker AG <SZUG.DE>::DGAP-ADHOC: SÜDZUCKER AG: SÜDZUCKER CONCRETIZES RESTRUCTURING PLAN FOR SUGAR SEGMENT.IN GERMANY AND OTHER EUROPEAN COUNTRIES IT CONTEMPLATES CAPACITY ADAPTATIONS.CAPACITY ADAPTATIONS COULD LEAD TO FACTORY CLOSURES WITH A REDUCTION OF SUGAR PRODUCTION VOLUME OF UP TO APPROXIMATELY 700,000 TONNES P.A..TOTAL COST SAVINGS IMPACT COULD AMOUNT UP TO APPROXIMATELY EUR 100 MILLION P.A..

Suedzucker 9Mth Consolidated Group Operating Result Down At EUR 116 Mln

Jan 10 (Reuters) - SUEDZUCKER AG <SZUG.DE>::9-MONTH CONSOLIDATED GROUP REVENUES OF EUR 5,192 MILLION (PREVIOUS YEAR: 5,302 MILLION).CONFIRMS FULL-YEAR FORECAST.9-MONTH CONSOLIDATED GROUP OPERATING RESULT FELL SIGNIFICANTLY TO EUR 116 (PREVIOUS YEAR: 384) MILLION.FY CONSOLIDATED GROUP OPERATING RESULT IS EXPECTED WITHIN A RANGE OF EUR 25 TO 125 (PREVIOUS YEAR: 445) MILLION.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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