Südzucker: Profit Decline and Reduced Dividend
Südzucker AG, Europe’s largest sugar producer, has released preliminary figures for the 2024/25 financial year (March 1, 2024, to February 28, 2025). The company reported a revenue decline to approximately €9.7 billion, down from €10.3 billion in the previous year. EBITDA also dropped significantly, reaching around €715 million compared to €1.138 billion the year before.
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Despite this decline, EBITDA exceeded the previously forecasted range of €550 to €650 million. However, in response to the financial situation, the company has announced a sharp reduction in dividends: instead of the €0.90 per share from the previous year, only €0.20 per share will be distributed for the 2024/25 financial year.
Following the release of these figures, Südzucker’s stock price saw a modest increase, rising by 3.71% to a recent value of €11.73.
For further details, the official press releases can be accessed on the Südzucker Group’s website.