Südzucker again significantly raises operating result forecast for the 2022/23 financial year
Südzucker AG
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Wednesday, November 2, 2022
Südzucker AG is once again raising the group's forecast after continued positive development. Südzucker now expects group revenues of EUR 9.7 to 10.1 (previous forecast: 9.4 to 9.8; 2021/22: 7.6) billion for the 2022/23 financial year (1 March 2022 to 28 February 2023). Group EBITDA is now seen in a range between EUR 890 and 990 (previous forecast 810 to 910; 2021/22: 692) million and group operating result is now seen in a range between EUR 530 and 630 (previous forecast 450 to 550; 2021/22: 332) million. The improvement is driven by the sugar segment.
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