Südzucker expects significant earnings increase in the first quarter 2022/23

Südzucker AG

Thursday, April 14, 2022

The forecast for the first quarter and the full year is based on the assumption that the Ukraine war will remain temporary and regionally limited, that the physical supply of energy and raw materials is guaranteed and that the sales and procurement markets will partially normalize during fiscal 2022/23. In this context, Südzucker's expected transfer of the significantly higher prices, especially in the raw material and energy sectors, into new customer contracts will be of decisive importance.

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