Suedzucker beats full-year core earnings guidance
Europe’s largest sugar producer Suedzucker’said it achieved earnings before interests, taxes, depreciation and amortization of 715 million euros ($782.42 million), ahead of the company’s guidance for the upper area of a 550-650 million euros range.
It is reported by Reuters.
Suedzucker confirmed its forecast for the current 2025/26 financial year, anticipating a moderate decline in group revenue, as well as an EBITDA range of 525-675 million euros and an operating result between 150-300 million euros.
The company also said it is to propose a dividend of 0.20 euro per share for the 2024/25 financial year, below the prior level of 0.90 euro.
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