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Südzucker AG (SZU.DE)

XETRA - XETRA Delayed price. Currency in EUR
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13.24+0.42 (+3.28%)
At close: 05:39PM CEST

Südzucker AG

Maximilianstrasse 10
Mannheim 68165
Germany
49 621 421 0
https://www.suedzucker.de

Sector(s)Consumer Defensive
IndustryPackaged Foods
Full-time employees19,655

Key executives

NameTitlePayExercisedYear born
Dr. Niels PörksenChairman of Executive Board & CEO1.5MN/A1963
Mr. Thomas KolblCFO & Member of Executive Board703.41kN/A1962
Ms. Ingrid-Helen ArnoldCDO & Member of Executive Board770.69kN/A1968
Mr. Markus Muhleisen M.B.A.Member of the Executive Board718.64kN/A1966
Mr. Hans-Peter GaiCOO & Member of Management Board527.29kN/A1966
Dr. Stephan MeederMember of Executive BoardN/AN/A1970
Nikolai BaltruschatHead of Investor RelationsN/AN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Südzucker AG produces and sells sugar products in Germany, the European Union, the United Kingdom, and internationally. It operates through five segments: Sugar, Special Products, CropEnergies, Starch, and Fruit. The Sugar segment produces and sells sugar, sugar specialty products, glucose syrup, and animal feed to food industry, retailers, and agriculture markets, as well as offers by-products of sugar. The Special Products segment produces functional food ingredients, including dietary fibers, sugar substitutes, sugar, rice starches/flours, and functionalized wheat protein for food, animal feed, non-food, and pharmaceutical industries. This segment also offers frozen and chilled pizzas, pasta, baguette, bread snacks, sauces, and dressings, as well as portion packed foods and non-food products to hotels, caterers, food retailers, and restaurants. The CropEnergies segment produces fuel-grade ethanol, rectified spirits, protein-based food and animal feed, biogenic CO2, and alcohol to oil companies and traders, food, animal feed, beverage, cosmetics, and pharmaceutical industries. The Starch segment offers starches, saccharification products, ethanol, and byproducts which includes animal feed and fertilizers to food, paper, textiles, industrial chemicals, pharmaceuticals, cosmetics, petroleum, and animal feed industries. The Fruit segment produces fruit preparations for the dairy, ice cream, baked goods, and food service industries; and fruit juice concentrates, pure juices, fruit wines, natural aromas, and beverage bases for beverage industry. It is also involved in agricultural and cultivation of products. The company was founded in 1837 and is headquartered in Mannheim, Germany. Südzucker AG operates as a subsidiary of Süddeutsche Zuckerrübenverwertungs-Genossenschaft eG.

Corporate governance

Südzucker AG’s ISS governance QualityScore as of 1 April 2024 is 10. The pillar scores are Audit: 8; Board: 8; Shareholder rights: 6; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.