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Suedzucker AG (SZUG.DE)

SZUG.DE on Xetra

12.64EUR
8:32pm IST
Change (% chg)

€-0.03 (-0.24%)
Prev Close
€12.67
Open
€12.75
Day's High
€12.75
Day's Low
€12.53
Volume
174,267
Avg. Vol
285,751
52-wk High
€16.20
52-wk Low
€10.85

Latest Key Developments (Source: Significant Developments)

Suedzucker FY Operating Loss Of EUR -239 Mln
Thursday, 16 May 2019 

May 16 (Reuters) - SUEDZUCKER AG ::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.  Full Article

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

UPDATE 1-Suedzucker closing Antwerp export office, focuses on EU

PARIS/HAMBURG, Nov 18 Suedzucker, Europe's largest sugar refiner, said on Monday it will close an export sales office in Antwerp, Belgium as part of its strategy to concentrate on business in the European Union market instead of sales outside the EU.