9m results were in line with expectations and guidance reiterated. While the sugar segment’s revenues fell sharply, the fruit segment’s held steady at last year’s level and the special products and CropEnergies segments’ rose. It was a bit of a disappointment when the company said the recent recovery in sugar prices isn’t yet enough to earn money in the sugar segment.
14 Jan 2020
Improvements, but continue to be patient before sugar segment’s recovery
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Improvements, but continue to be patient before sugar segment’s recovery
Suedzucker AG (SZU:WBO) | 0 0 0.8% | Mkt Cap: 3,053m
- Published:
14 Jan 2020 -
Author:
Laura Parisot -
Pages:
3
9m results were in line with expectations and guidance reiterated. While the sugar segment’s revenues fell sharply, the fruit segment’s held steady at last year’s level and the special products and CropEnergies segments’ rose. It was a bit of a disappointment when the company said the recent recovery in sugar prices isn’t yet enough to earn money in the sugar segment.