Earnings Release • Jun 25, 2012
Earnings Release
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News Details
Ad-hoc | 25 June 2012 10:58
Südzucker with strong first quarter 2012/13
Südzucker AG Mannheim/Ochsenfurt / Key word(s): Quarter Results
25.06.2012 10:58
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Mannheim, 25 June 2012
Südzucker AG Mannheim/Ochsenfurt, Mannheim, raised group revenues within
the first three months (1 March 2012 to 31 May 2012) of current financial
year 2012/13 from EUR 1,639 million to EUR 1,887 million. Group operating
profit increased to EUR 263 million from EUR 184 million. This earnings
improvement is mainly driven by the sugar segment. Additionally, there is a
positive high double digit million impact on net profit for this period due
to a successful progress of a financial court proceeding leading to an
extraordinary tax income.
For financial year 2012/13 Südzucker still projects an increase of group
revenues above EUR 7.0 (previous year: 7.0) billion and an increase of
group operating profit above EUR 800 (previous year: 751) million.
The full interim report for the first three months 2012/13 will be
published on 12 July 2012.
Südzucker AG Mannheim/Ochsenfurt
Central Investor Relations Department
Nikolai Baltruschat
Theodor-Heuss-Anlage 12
68165 Mannheim
Phone: 49 621 421-240
Fax: 49 621 421-321
[email protected]
Information and Explaination of the Issuer to this News:
The Südzucker Group
Südzucker, with its sugar, special products, CropEnergies and fruit
segments, is one of the leading companies in the food industry. In the
traditional sugar business, the group is the world market leader, with 29
sugar factories and three refineries, extending from France in the west via
Belgium, Germany and Austria, through to Poland, the Czech Republic,
Slovakia, Romania, Hungary, Bosnia and Moldova in the east. The special
products segment, consisting of the functional food (BENEO), chilled/frozen
products (Freiberger), portion packs and starch businesses, is an important
growth driver. The CropEnergies segment covers the bioethanol activities in
Germany, Belgium and France. In the fruit segment, the group operates
internationally, is the world market leader for fruit preparations and is a
leading supplier of fruit juice concentrates in Europe.
In 2011/12, the group employed 17,500 persons and generated revenues of
about EUR 7 billion.
Group figures as of 31 May 2012:
EUR million 1st quarter
2012/13 2011/12 +/- in %
Revenues 1.887 1.639 +15
Operating profit 263 184 +43
Operating margin 13,9% 11,2%
25.06.2012 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: Südzucker AG Mannheim/Ochsenfurt
Theodor-Heuss-Anlage 12
68165 Mannheim
Germany
Phone: +49 (0)621 - 421-530
Fax: +49 (0)621 - 421-7530
E-mail: [email protected]
Internet: www.suedzucker.de
ISIN: DE0007297004, XS0606202454 DE000A1AJLE6 XS0222524372
WKN: 729700, A1GNRQ A1AJLE A0E6FU,
Indices: MDAX
Listed: Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime
Standard), Hamburg, München, Stuttgart; Freiverkehr in
Hannover
End of Announcement DGAP News-Service
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