Edition:
India

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.