Trade Suedzucker AG - SZU CFD

Suedzucker Company profile

About Suedzucker AG

Suedzucker AG is a Germany-based company engaged in the processing of agricultural raw materials. The Company is organized, along with its subsidiaries, into four segments: the Sugar segment comprises sugar production and the agricultural division; the Special Products segment includes the activities of four divisions: BENEO, which produces and sells ingredients made from natural raw materials for food products and animal feed; the Freiberger Group is a producer of chilled and frozen pizzas, frozen pasta dishes and snacks; the PortionPack Europe group specializes in portion packs, and the starch division comprises starch companies in Hungary and Romania, bio-ethanol production in Austria and Hungary, as well as starch production facilities in Austria; the CropEnergies segment includes the bio-ethanol activities of the Company in Germany, Belgium and France, and the Fruit segment comprises the fruit juice preparations and fruit juice concentrates divisions.

Financial summary

BRIEF: For the three months ended 31 August 2021, Suedzucker AG revenues decreased 45% to EUR1.84B. Net income applicable to common stockholders increased 35% to EUR34.1M. Revenues reflect Special Products (Ice Cream/Frozen Food) segment decrease of 66% to EUR434.8M, Sugar segment decrease of 43% to EUR635.4M, Fruit segment decrease of 48% to EUR312.7M. Net Income benefited from Sugar segment income totaling EUR7M vs. loss of EUR55.2M.

Equity composition

09/2005, Rights Issue, 1 new share for every 12 shares held @ EUR 14.

Maximilianstraße 10
MANNHEIM
BADEN-WUERTTEMBERG 68165
DE