Südzucker 9-month Operating Result Declines; Confirms FY Forecast – Quick Facts

Südzucker AG (SUEZF.PK) reported that in the first three quarters (1 March 2018 to 30 November 2018) of the current fiscal year 2018/19, group revenues were 5.19 billion euros compared to 5.30 billion euros, prior year. The consolidated group operating result fell significantly to 116 million euros from 384 million euros. The company said the decline was driven mainly by the sugar segment losses as of the third quarter. The CropEnergies segment’s operating result also dropped substantially.
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