Suedzucker reported its Q1 results. Total revenues for Q1 stood at €1,629m (consensus at €1,616m), down by 8.12% yoy, whereas the operating profit was €57m (consensus at €32m), down by 40.6% yoy. By division: the Sugar segment reported revenue down by 17.4% yoy, and €-13m in operating profit as the divisional result has been affected by weak sugar prices and lower volumes yoy. CropEnergies reported a positive operating profit of €14m, whereas its revenue was down
09 Jul 2015
Q1 update: on track to deliver its FY guidance
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Q1 update: on track to deliver its FY guidance
Suedzucker AG (SZU:WBO) | 0 0 0.8% | Mkt Cap: 3,053m
- Published:
09 Jul 2015 -
Author:
Anna Zyniewicz -
Pages:
2
Suedzucker reported its Q1 results. Total revenues for Q1 stood at €1,629m (consensus at €1,616m), down by 8.12% yoy, whereas the operating profit was €57m (consensus at €32m), down by 40.6% yoy. By division: the Sugar segment reported revenue down by 17.4% yoy, and €-13m in operating profit as the divisional result has been affected by weak sugar prices and lower volumes yoy. CropEnergies reported a positive operating profit of €14m, whereas its revenue was down