Suedzucker expects significantly lower second quarter earnings
Suedzucker expects significantly lower second quarter earnings
Published by Global Banking and Finance Review
Posted on July 9, 2025
Published by Global Banking and Finance Review
Posted on July 9, 2025
(Reuters) -Europe's largest sugar producer Suedzucker said on Wednesday that it expects significantly lower earnings for the second quarter compared with the previous year's levels, citing a slow start to the quarter.
Suedzucker also confirmed its full-year guidance, aiming for revenues between 8.7 billion and 9.2 billion euros ($10.19 billion -10.78 billion) and group earnings before interests, taxes, depreciation and amortization between 525 million and 675 million euros.
($1 = 0.8537 euros)
(Reporting by Tristan Veyet in Gdansk, editing by Miranda Murray)
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