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Südzucker doubles profit in the first half of the financial year

2021-10-14T06:16:20.183Z


The bottom line was that the Südzucker Group earned more in the first half of the financial year. In the six months to the end of August, the shareholders accounted for a surplus of 49 million euros, as the SDax-listed company announced in Mannheim on Thursday. Compared to the same period in the previous year, that is almost twice as much. The sugar division returned to profitability in the second quarter of the business year.


The bottom line was that the Südzucker Group earned more in the first half of the financial year.

In the six months to the end of August, the shareholders accounted for a surplus of 49 million euros, as the SDax-listed company announced in Mannheim on Thursday.

Compared to the same period in the previous year, that is almost twice as much.

The sugar division returned to profitability in the second quarter of the business year.

Mannheim - Already on Wednesday afternoon, the group surprisingly increased its annual forecast.

The Management Board now expects sales between 7.1 and 7.3 billion euros for the twelve months to the end of February 2022.

Previously, it had assumed between 7.0 and 7.2 billion euros, after 6.7 billion euros in the previous financial year.

The operating profit should continue to reach 300 to 400 million euros.

dpa

Source: merkur

All news articles on 2021-10-14

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