FY and Q4 update: In Q4, sales were up 9.25% with better performances in all segments. The operating margin for the period stood at 6.3%, with Sugar’s operating profit in slightly negative territory. CropEnergies and the Special Products segments performed strongly (operating profit stood at 17.3% and 11.2% respectively). Consequently, for the FY, sales were up 1.4%, whereas the operating margin was up to 6.6%. Total operating profit was higher than guidance (€426m vs. €380-41

19 May 2017
Confusing Q4 for sugar puts a shadow on positive FY guidance

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Confusing Q4 for sugar puts a shadow on positive FY guidance
Suedzucker AG (SZU:WBO) | 0 0 0.8% | Mkt Cap: 3,053m
- Published:
19 May 2017 -
Author:
Anna Zyniewicz -
Pages:
2 -
FY and Q4 update: In Q4, sales were up 9.25% with better performances in all segments. The operating margin for the period stood at 6.3%, with Sugar’s operating profit in slightly negative territory. CropEnergies and the Special Products segments performed strongly (operating profit stood at 17.3% and 11.2% respectively). Consequently, for the FY, sales were up 1.4%, whereas the operating margin was up to 6.6%. Total operating profit was higher than guidance (€426m vs. €380-41