No major surprises in Suedzucker’s Q1 results, as the company already provided an update last month. The group reiterated its FY20/21 guidance. However, we maintain our expectations in its low range due to the fact that it currently does not take into account the COVID-19 impact.
09 Jul 2020
Remarkable progress, but we remain more pessimistic than the company
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Remarkable progress, but we remain more pessimistic than the company
Suedzucker AG (SZU:WBO) | 0 0 0.8% | Mkt Cap: 3,053m
- Published:
09 Jul 2020 -
Author:
Laura Parisot -
Pages:
3
No major surprises in Suedzucker’s Q1 results, as the company already provided an update last month. The group reiterated its FY20/21 guidance. However, we maintain our expectations in its low range due to the fact that it currently does not take into account the COVID-19 impact.