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    DGAP-Adhoc  414  0 Kommentare Südzucker specifies outlook for financial year 2015/16


    Südzucker AG / Key word(s): Forecast/Change in Forecast

    19.11.2015 08:43

    Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
    by DGAP - a service of EQS Group AG.
    The issuer is solely responsible for the content of this announcement.

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    Mannheim, 19 November 2015

    Südzucker specifies outlook for financial year 2015/16

    Südzucker AG specifies its outlook for financial year 2015/16 on back of
    the further positive development notably of bioethanol prices also beyond
    the 2nd quarter and expecting a 3rd quarter group operating result
    significantly above prior year. Südzucker now projects group revenues at
    EUR 6.3 to 6.5 (previous year: 6.8) billion. For the group operating result
    Südzucker now forecasts a range of EUR 200 to 240 (previous year: 181)
    million.

    For the sugar segment Südzucker expects the operating result to decline
    significantly to a range of EUR -80 to -60 (previous year: 7) million.

    For the special products segment Südzucker specifies the forecast for
    operating profit at around EUR 145 (previous year: 120) million following
    the positive development in the current financial year. Apart from higher
    ethanol prices Südzucker assumes the new wheat starch plant at site Zeitz
    to begin operation not until start of financial year 2016/17. The related
    operating ramp-up losses will not occur until start of financial year
    2016/17.

    Within the CropEnergies segment Südzucker now expects the operating result
    to come in between EUR 70 to 90 (previous year: -11) million following the
    beneficial ethanol price development to date. Any confirmation of this
    operating result level in financial year 2016/17 will provide a significant
    challenge for CropEnergies in light of actual forward prices for
    bioethanol.

    For the fruit segment Südzucker projects to repeat the solid operating
    result of the prior financial year which was EUR 65 million.

    The interim report for the 1st to 3rd quarter 2015/16 will be published on
    13 January 2016.

    Südzucker AG
    Central Investor Relations Department
    Nikolai Baltruschat
    Maximilianstraße 10
    68165 Mannheim, Germany
    Phone: +49 621 421-240
    Fax: +49 621 421-449
    investor.relations@suedzucker.de


    About the Südzucker Group

    Südzucker, with its sugar, special products, CropEnergies and fruit
    segments, is one of the leading companies in the food industry. In the
    traditional sugar business, the group is the world market leader, with 29
    sugar factories and three refineries, extending from France in the west via
    Belgium, Germany and Austria, through to Poland, the Czech Republic,
    Slovakia, Romania, Hungary, Bosnia and Moldova in the east. The special
    products segment, consisting of the functional ingredients for food and
    animal feed (BENEO), chilled/frozen products (Freiberger), portion packs
    (PortionPack Europe) and starch divisions, is an important growth driver.
    The CropEnergies segment covers the bioethanol activities in Germany,
    Belgium, France and the UK. In the fruit segment, the group operates
    internationally, is the world market leader for fruit preparations and is a
    leading supplier of fruit juice concentrates in Europe.

    In 2014/15, the group employed about 18,500 persons and generated revenues
    of EUR 6.8 billion.


    19.11.2015 The DGAP Distribution Services include Regulatory Announcements,
    Financial/Corporate News and Press Releases.
    Media archive at www.dgap-medientreff.de and www.dgap.de

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    Language: English
    Company: Südzucker AG
    Maximilianstr. 10
    68165 Mannheim
    Germany
    Phone: +49 (0)621 - 421-530
    Fax: +49 (0)621 - 421-7530
    E-mail: investor.relations@suedzucker.de
    Internet: www.suedzucker.de
    ISIN: DE0007297004, XS0606202454 DE000A1AJLE6 XS0222524372
    WKN: 729700, A1GNRQ A1AJLE A0E6FU,
    Indices: MDAX
    Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime
    Standard), Hamburg, Munich, Stuttgart; Regulated Unofficial
    Market in Hanover

    End of Announcement DGAP News-Service

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    DGAP-Adhoc Südzucker specifies outlook for financial year 2015/16 Südzucker AG / Key word(s): Forecast/Change in Forecast 19.11.2015 08:43 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this …

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