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Suedzucker Awarded Climate Protection Grant From Federal Ministry Of Economics And Climate Protection (BMWK) For Conversion Of Zeitz Sugar Factory To Climate-Neutral Production

BRIEF-Suedzucker Awarded Climate Protection Grant From Federal Ministry Of Economics And Climate Protection (BMWK) For Conversion Of Zeitz Sugar Factory To Climate-Neutral Production Oct 15 (Reuters) - SUEDZUCKER AG SZUG.DE : HAS TODAY BEEN AWARDED A CLIMATE PROTECTION GRANT FROM FEDERAL MINISTRY OF ECONOMICS AND CLIMATE PROTECTION (BMWK) FOR CONVE
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Suedzucker warns of lower Q3 results

UPDATE 1-Suedzucker warns of lower Q3 results Adds company comment in paragraph 3, context in paragraph 4, 5 Oct 15 (Reuters) - Europe's largest sugar producer Suedzucker SZUG.DE flagged lower third quarter earnings on Tuesday, blaming the war in Ukraine for exacerbating the high volatility of the market. The firm said it expected a significant year-on-year decline in core earnings and operating result, but confirmed its group forecast for the 2024/25 financial year.
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Suedzucker warns of lower Q3 results

Suedzucker warns of lower Q3 results Oct 15 (Reuters) - Europe's largest sugar producer Suedzucker SZUG.DE flagged lower third quarter earnings on Tuesday, blaming the war in Ukraine for exacerbating the high volatility of the market. The firm said it expected a significant year-on-year decline in core earnings and operating result, but confirmed its group forecast for the 2024/25 financial year.
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Germany earmarks $3 billion for decarbonisation subsidies

Germany earmarks $3 billion for decarbonisation subsidies Berlin to subsidise companies in exchange for emissions cuts Has awarded first 15 'climate protection contracts' Critics say plan protects uncompetitive sectors, is inefficient BERLIN, Oct 15 (Reuters) - The German government has earmarked up to 2.8 billion euros ($3.1 billion) to support 15 industrial companies in their bid to decarbonise under its first round of "climate protection contracts", the economy ministry said on Tuesday.
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CORRECTED Tereos warns of weaker results as EU sugar prices plummet

CORRECTED (OFFICIAL)-Tereos warns of weaker results as EU sugar prices plummet Corrects paragraph 3 after company says sugar beet output will remain stable, not fall slightly By Sybille de La Hamaide PARIS, Oct 14 (Reuters) - A bigger-than-expected fall in European sugar prices in recent months due to large supplies will weigh on the results of French sugar maker Tereos in the second half and prompt it to boost exports, Tereos Chief Executive Olivier Leducq told Reuters.
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