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Suedzucker


Yangiliklar

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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Suedzucker posts Q2 profit slump, cuts FY outlook on weak sugar market

UPDATE 1-Suedzucker posts Q2 profit slump, cuts FY outlook on weak sugar market Adds details on market, harvest outlook HAMBURG, Oct 10 (Reuters) - Europe's largest sugar producer Suedzucker SZUG.DE on Thursday reported a 63% fall in quarterly operating profit and cut its full -year earnings forecasts on weak sugar markets. Suedzucker reported operating profit of 114 million euros ($124.70 million) in the second quarter to Aug.
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Suedzucker's Q2 earnings fall sharply on lower sugar prices

Suedzucker's Q2 earnings fall sharply on lower sugar prices HAMBURG, Oct 10 (Reuters) - Europe's largest sugar producer Suedzucker SZUG.DE on Thursday confirmed a 63% fall in quarterly operating profits and a cut in full-year earnings forecasts because of weak sugar markets. Suedzucker reported operating profit in the second quarter to Aug. 31 of its 2024/25 fiscal year of 114 million euros ($124.70 million), down from 310 million euros in the same quarter last year.
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Coffee rallies, heads back towards multi-year highs

SOFTS-Coffee rallies, heads back towards multi-year highs Updates with settlement prices, changes dateline, previous LONDON NEW YORK, Sept 17 (Reuters) - Coffee futures on ICE rallied on Tuesday, heading back towards the fresh multi-year peaks scaled in the prior session, while cocoa futures slid. COFFEE * December arabica coffee KCc2 rose 2.3% to settle at $2.65 per lb, having touched its highest since 2011 at $2.7180 on Monday.
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Coffee rallies, heads back towards multi-year highs

SOFTS-Coffee rallies, heads back towards multi-year highs Recasts, adds fresh comment LONDON, Sept 17 (Reuters) - Coffee futures on ICE rallied on Tuesday, heading back towards the fresh multi-year peaks scaled in the prior session, while cocoa futures slid. COFFEE * December arabica coffee KCc2 rose 2 . 8 % to $2. 6565 per lb at 1459 GMT, having touched its highest since 2011 at $2.7180 on Monday.
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Coffee steadies after hitting multi-year highs, cocoa slides

SOFTS-Coffee steadies after hitting multi-year highs, cocoa slides LONDON, Sept 17 (Reuters) - Coffee futures steadied on Tuesday as the market consolidated after scaling fresh multi-year peaks in the prior session, while cocoa futures slid. COFFEE * December arabica coffee KCc2 rose 0.1% to $2.5885 per lb at 1242 GMT, after touching its highest since 2011 at $2.7180 on Monday.
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Suedzucker trims forecast after higher EU harvest expectations

Suedzucker trims forecast after higher EU harvest expectations Sept 16 (Reuters) - Germany's Suedzucker SZUG.DE on Monday cut its earnings forecast, pointing to the improved harvest expectation in the European Union pushing up the amount of sugar in the bloc's market. Europe's largest sugar producer now expects revenue to come between 9.5 billion euros and 9.9 billion euros ($10.56 billion-$11.01 billion) for the 2024/25 financial year.
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