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Suedzucker AG (SZUG.DE)

SZUG.DE on Xetra

11.76EUR
9:05pm IST
Change (% chg)

€0.03 (+0.26%)
Prev Close
€11.73
Open
€11.70
Day's High
€11.81
Day's Low
€11.61
Volume
118,911
Avg. Vol
337,951
52-wk High
€15.85
52-wk Low
€10.85

Latest Key Developments (Source: Significant Developments)

Suedzucker FY Prelim EBITDA Down At About EUR 350 Million
Wednesday, 27 Mar 2019 

March 27 (Reuters) - Suedzucker AG ::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.  Full Article

Suedzucker Says Outlook For Sugar Segment Very Uncertain
Thursday, 11 Oct 2018 

Oct 11 (Reuters) - Suedzucker AG ::Q2 NET PROFIT 9 MILLION EUR.OUTLOOK FOR SUGAR SEGMENT VERY UNCERTAIN.EFFORTS BEING INTENSIFIED IN SUGAR SEGMENT WITH REGARD TO STRATEGY REVIEW.SEES 2018/19 REVENUES IN SUGAR SEGMENT DECLINING SHARPLY.  Full Article

Suedzucker Cuts Outlook On "Very Difficult Market", Shares Fall
Thursday, 20 Sep 2018 

Sept 20 (Reuters) - Suedzucker AG ::DGAP-ADHOC: SÜDZUCKER AG: SÜDZUCKER REDUCES FULL YEAR OUTLOOK IN FURTHER VERY DIFFICULT MARKET ENVIRONMENT.SÜDZUCKER REDUCES FULL YEAR OUTLOOK IN FURTHER VERY DIFFICULT MARKET.NOW EXPECTS FOR FINANCIAL YEAR 2018/19 GROUP REVENUES OF EUR 6.6 TO 6.9 (PREVIOUS FORECAST: 6.8 TO 7.1; PREVIOUS YEAR: 7.0) BILLION.NOW SEES FY GROUP OPERATING PROFIT TO REACH EUR 25 TO 125 (PREVIOUS FORECAST: 100 TO 200; PREVIOUS YEAR: 445) MILLION.SÜDZUCKER AG GROUP REVENUES IN FIRST HALF YEAR (1 MARCH 2018 TO 31 AUGUST 2018) OF CURRENT FINANCIAL YEAR 2018/19 REACHED EUR 3,475 (PREVIOUS YEAR: 3,493) MILLION.GROUP OPERATING PROFIT SIGNIFICANTLY DECREASED IN SAME PERIOD TO EUR 139 (PREVIOUS YEAR: 282) MILLION.ADJUSTMENT IS CAUSED BY FURTHER VERY DIFFICULT MARKET ENVIRONMENT FOR SUGAR, SACCHARIFICATION PRODUCTS (STARCH) AND ETHANOL.IN Q2 (1 JUNE 2018 TO 31 AUGUST 2018) GROUP REVENUES REACHED EUR 1,734 (PREVIOUS YEAR: 1,710) MILLION.GROUP OPERATING PROFIT SIGNIFICANTLY DECREASED IN SAME PERIOD TO EUR 62 (PREVIOUS YEAR: 128) MILLION.FORECAST FOR SUGAR SEGMENT IN CURRENT DIFFICULT ENVIRONMENT AND IN LIGHT OF DROUGHT IN LARGE GROWING AREAS IS MARKED BY A HIGH DEGREE OF UNCERTAINTY.EARNINGS DECREASE IS CAUSED ESPECIALLY BY DECREASING RESULTS IN SUGAR AND CROPENERGIES SEGMENTS.DROP 6.6 PERCENT AFTER PROFIT WARNING.  Full Article

Suedzucker successfully places EUR 500 mln bond‍​
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - SUEDZUCKER ::SUCCESSFULLY PLACED EUR 500 MILLION BOND TO EUROPEAN INVESTORS VIA ITS WHOLLY-OWNED DUTCH SUBSIDIARY ‍​.  Full Article

Suedzucker unit Freiberger acquires a U.S.-based pizza producer
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - SUEDZUCKER ::DGAP-ADHOC: SÜDZUCKER AG: SÜDZUCKER SUBSIDIARY FREIBERGER ACQUIRES RICHELIEU, A U.S.-BASED PIZZA PRODUCER.‍ENTERPRISE VALUE IS USD 435 MILLION​.  Full Article

CropEnergies raises FY forecast after strong Q1
Monday, 19 Jun 2017 

June 19 (Reuters) - CROPENERGIES AG :DGAP-ADHOC: CROPENERGIES INCREASES FORECAST AFTER STRONG 1ST QUARTER 2017/18.Q1 ‍REVENUES INCREASED BY 38 PERCENT TO EUR 231 (PREVIOUS YEAR: EUR 168) MILLION, WHILE OPERATING PROFIT IMPROVED BY 21 PERCENT TO EUR 23.5 (PREVIOUS YEAR: EUR 19.4) MILLION​.TO INCREASE FORECAST OF FINANCIAL YEAR 2017/18.FY REVENUES ARE EXPECTED IN A RANGE OF EUR 850 AND EUR 900 (PREVIOUS FORECAST: EUR 800 TO EUR 875) MILLION .FY OPERATING PROFIT IS EXPECTED TO REACH BETWEEN EUR 50 AND EUR 90 (PREVIOUS FORECAST: EUR 40 TO EUR 80) MILLION.  Full Article

Suedzucker sees significant rise in sugar production in EU
Thursday, 18 May 2017 

May 18 (Reuters) - Suedzucker results news conference:CEO says expects significant rise in sugar production in the eu due to the end of quotas and export limits this year.CEO says expects cropenergies ce2g.de to post fy revenues of 725-800 million eur, operating earnings of 40-80 million.CFO - no intention to buy back hybrid capital.CFO - currently no further stake increase at ed&f man planned.  Full Article

UPDATE 1-Suedzucker to close Polish sugar plant in restructuring

HAMBURG, Feb 19 Europe's largest sugar refiner Suedzucker plans to close a 50,000 tonne-a-year production plant in Poland, it said on Tuesday, part of a restructuring programme to counter a slump in sugar prices.