Südzucker AG Mannheim/Ochsenfurt / Key word(s): Quarter Results/Change in
Forecast
22.06.2011 08:45
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.
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Südzucker with increased full year outlook following strong first quarter
2011/12
Mannheim, June 22, 2011
Südzucker AG Mannheim/Ochsenfurt, Mannheim, raised group revenues within
the first three months (1 March 2011 to 31 May 2011) of current financial
year 2011/12 by around 7 percent from EUR 1,533 million to EUR 1,639
million. Group operating profit increased by around EUR 35 million or 24
percent to EUR 184 (previous year:149) million. The sugar, CropEnergies and
fruit segments contributed to this earnings improvement.
For total financial year 2011/12 Südzucker now expects an increase of group
revenues to around EUR 6.5 (previous year: 6.2) billion and a group
operating profit of more than EUR 600 (previous year: 519) million. The
boost in earnings will be driven by the CropEnergies and fruit segments,
but predominantly by the sugar segment.
The full interim report for the first three months 2011/12 will be
published on 14 July 2011.
Südzucker AG Mannheim/Ochsenfurt
Central Investor Relations Department
Nikolai Baltruschat
Maximilianstrasse 10
68165 Mannheim
Phone: +49 621 421-240
Fax: +49 621 421-463
Investor.relations@suedzucker.de
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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 2010/11, the group employed 17,700 persons and generated revenues of EUR
6.2 billion.
22.06.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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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: investor.relations@suedzucker.de
Internet: www.suedzucker.de
ISIN: DE0007297004, DE0008461021 DE0001780807 DE000A0AABH1 XS0222524372
WKN: 729700, 846102, 178080, A0AABH, 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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DGAP-Adhoc: Südzucker AG Mannheim/Ochsenfurt: Südzucker with increased full year outlook following strong first quarter
| Quelle: EQS Group AG