Südzucker again significantly raises operating result forecast for the 2022/23 financial year

Südzucker AG
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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