14/10/2021 | Industry, Ingredients

Südzucker results up in first half of financial year

In the first half of fiscal 2021/22, Südzucker group revenues rose around € 250 m to € 3.596 (previous year: 3.349) bn. While the special products segment’s revenues fell slightly, the fruit segment’s rose moderately and the sugar, CropEnergies and starch segments’ were significantly higher.

According to the company, group EBITDA was comparable to last year at € 278 (previous year: 276) m. Due to a significant jump in the second quarter, the group’s consolidated operating result edged up moderately to € 134 (previous year: 129) m for the reporting period. The results growth was primarily thanks to the sugar segment’s significantly higher second quarter numbers, which enabled it to generate again a positive operating result. In contrast, the special products, CropEnergies and starch segments’ operating result fell significantly, while the fruit segment’s was down moderately.