Earnings Release • Jun 25, 2010
Earnings Release
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Ad-hoc | 25 June 2010 08:40
Südzucker AG Mannheim/Ochsenfurt: Südzucker confirms full-year guidance after a good start
Südzucker AG Mannheim/Ochsenfurt / Interim Report/Preliminary Results
25.06.2010 08:40
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
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The issuer is solely responsible for the content of this announcement.
Südzucker confirms full-year guidance after a good start
Mannheim, 25 June 2010. In the first quarter (March 1 to May 31 2010) of
the current financial year 2010/11, Südzucker AG Mannheim/Ochsenfurt was
able to increase group revenues by 9 percent to 1,522 million euro
(previous year 1,411). The group's operating profit increased to 149
million euro (previous year 88). Segment sugar is positively influenced
mainly by sugar exports to non-EU countries in line with the one-off EU
export contingent increase. Segments special products, CropEnergies and
fruit showed improving earnings in the first quarter, too.
Südzucker confirms its full-year guidance for financial year 2010/11 with
group revenues on prior year's level at 5.7 billion euro and with a group
operating profit of about 450 (previous year 403) million euro. This
increase is supported by segments sugar, CropEnergies and fruit. Segment
special products is not expected to reach the high level of the previous
year.
The complete report of the first quarter will be published on 14 July 2010.
25.06.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: Südzucker AG Mannheim/Ochsenfurt
Maximilianstr. 10
68165 Mannheim
Deutschland
Phone: +49 (0)621 - 421-530
Fax: +49 (0)621 - 421-7530
E-mail: [email protected]
Internet: www.suedzucker.de
ISIN: DE0007297004, DE0008461021 DE0001780807 DE000A0AABH1 XS0222524372
WKN: 729700, 846102, 178080, A0AABH, A0E6FU,
Indices: MDAX
Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard),
Düsseldorf, München, Hamburg, Stuttgart; Freiverkehr in
Hannover
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