Although the group shows improving results, especially due to strong comparables, the disappointing sugar outlook is a black spot. The company maintained its FY guidance only by offsetting the weakness in sugar by non-sugar products.
08 Oct 2020
Finally, a weak sugar outlook…
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Finally, a weak sugar outlook…
Suedzucker AG (SZU:WBO) | 0 0 0.8% | Mkt Cap: 3,053m
- Published:
08 Oct 2020 -
Author:
Laura Parisot -
Pages:
2
Although the group shows improving results, especially due to strong comparables, the disappointing sugar outlook is a black spot. The company maintained its FY guidance only by offsetting the weakness in sugar by non-sugar products.