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Südzucker AG (SZU.DE)

XETRA - XETRA Delayed Price. Currency in EUR
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14.02-0.14 (-0.99%)
As of 10:07AM CET. Market open.
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Previous close14.16
Open14.07
Bid13.95 x 317900
Ask13.98 x 50000
Day's range14.00 - 14.09
52-week range9.75 - 15.72
Volume21,503
Avg. volume177,514
Market cap2.862B
Beta (5Y monthly)0.34
PE ratio (TTM)20.62
EPS (TTM)0.68
Earnings date12 Jan 2023
Forward dividend & yield0.40 (2.82%)
Ex-dividend date15 Jul 2022
1y target est13.94
  • Reuters

    Suedzucker expects to raise its sugar prices again next year

    LONDON (Reuters) -Europe's largest sugar producer Suedzucker is set to bump up sugar prices again next year as energy costs remain high and input costs for items like sugar beet are also elevated, chief executive Niels Poerksen told Reuters. EU sugar prices on the spot market are already at record high levels - nearly three times those seen a year ago - following extreme weather and a surge in energy costs, forcing confectioners to consider production cuts.

  • Reuters

    Suedzucker lifts profit forecast as price rises seen trumping higher costs

    Europe’s largest sugar producer Suedzucker on Wednesday raised its full-year profit forecast, as it expects higher sugar prices to compensate for rising energy and raw materials costs. Suedzucker raised its forecast for group operating profits in its financial year to February 2023 to between 530 million euros and 630 million euros ($524.4 million-$623.3 million) from a previous forecast of 450 million to 550 million euros.

  • Reuters

    Suedzucker quarterly profits surge, sees higher full-year earnings

    HAMBURG (Reuters) -Europe's largest sugar producer Suedzucker on Thursday posted a rise of almost 80% in quarterly earnings and again forecast increased full-year profits, despite higher energy and raw materials costs, supported by the strong performance of its sugar and biofuel sectors. The company expects to be able to pass on higher costs in increased sugar prices but its performance in coming months will depend on sufficient energy supplies being available after Russia cut gas deliveries to Europe, it said. Suedzucker said operating profit in the second quarter to the end of August of its 2022/23 fiscal year rose 79.5% to 153 million euros ($148.44 million).