Nordzucker is looking back on a successful campaign
Nordzucker.com
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Thursday, January 28, 2021
After three quarters in financial year 2020/21, Nordzucker is posting a clearly positive operating profit of 81 Million Euro, compared with minus 9 Million in the same period of the previous year. The price recovery in the EU, a reframed sales strategy and a comprehensive and consistently implemented cost-cutting program have brought Nordzucker back into the black in the first three quarters of the fiscal year 2020/21. Sales increased from 1,120 Million Euro to 1,256 Million Euro compared to the same period last year. “We are very content with the development on the market and with the fact that our measures have shown effect so fast and effectively. Now we have to look ahead. The market will continue to be characterized by volatility. Programs to reduce costs and optimize our processes will further accompany us,†explains Dr Lars Gorissen, CEO.
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