Südzucker's business continues to develop positively

Südzucker AG

Thursday, October 13, 2022

Südzucker AG’s group revenues rose about 29 percent to EUR 4,624 (previous year: 3,596) million in the first half of fiscal 2022/23. All segments contributed to this increase. Sugar segment's revenues were up significantly to EUR 1,443 (previous year: 1,231) million in the first half of the year. Sugar sales revenues improved significantly with higher volumes overall. Beet yields are expected to be below average as a result of the persistent, widespread drought in almost all of Europe. However, the above-average sugar content due to the many hours of sunshine will not fully compensate for this; only Belgium is expected to have an above-average harvest.

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