Main navigation Company Investor Relations Press Careers Products & Services DE Breadcrumb Home Press Südzucker second quarter earnings significantly above previous year Südzucker second quarter earnings significantly above previous year Insider information publication according to section 17 MAR Mannheim, 15.09.2021 48.26 KB Südzucker second quarter earnings significantly above previous year – full-year forecast 2021/22 confirmed In the second quarter of current fiscal year 2021/22 (1 June to 31 August 2021), Südzucker AG according to preliminary increased consolidated group revenues about 10 percent to about EUR 1.84 (previous year: 1.68) billion. The consolidated group operating result rose by about 25 percent to about EUR 85 (previous year: 68) million. The significant improvement in group operating result is mainly driven by segment sugar with a positive earnings contribution of about EUR 7 (previous year: -42) million. In the first half-year of current fiscal year 2021/22 (1 March to 31 August 2021), consolidated group revenues reached about EUR 3.60 (previous year: 3.35) billion. Due to the good development in the second quarter, first half-year cumulated consolidated group operating result came in slightly above previous year’s level reaching about EUR 134 (previous year: 129) million. Pandemic driven heterogeneous business development since first quarter 2020/21 led to numerous distortions within the quarters and within the whole business year 2020/21. They can lead partially to adverse effects within the quarters of current business year 2021/22. This was also the case in the second quarter. Against this background and the unchanged expectation of a further progress fighting the pandemic, Südzucker confirms its first group forecast dated 20 May 2021 stating a significant earnings improvement. Unchanged we expect for fiscal year 2021/22 consolidated group revenues between EUR 7.0 and 7.2 (previous year: 6.7) billion. Consolidated group operating result is expected to improve significantly and still to come in between EUR 300 and 400 (previous year: 236) million. Despite expected decreasing effects from the corona pandemic, there are still risks linked to the pandemic in business year 2021/22. The respective economic and financial impact and duration is still difficult to assess. The full report for the first half year 2021/22 will be published on 14 October 2021. Contact Head of Investor Relations Nikolai Baltruschat investor.relations@suedzucker.de +49 621 421-240 Head of Corporate Public Relations & Affairs Dr. Dominik Risser public.relations@suedzucker.de +49 621 421-428 Südzucker logos and images Media Library Don't miss out on Südzucker news and highlights with the new press newsletter! Subscribe now Company Company profile Group structure Executive board Locations Sustainability Sugar factories Germany History Investor Relations Releases Publications Share Annual General Meeting Corporate Governance Bonds Rating Financial calendar Contact IR mailing list Press Releases Image and media library Press mailing list Contact Careers Open positions What we offer Training Students Graduates Professionals © Südzucker AG Contact Privacy Imprint