Südzucker increases result substantially in fiscal year just ended

Südzucker AG today confirmed last fiscal year’s preliminary numbers released on 24 April. Südzucker group consolidated revenues for fiscal 2016/17 (1 March 2016 to 28 February 2017) came in at € 6.476 (previous year: 6.387) bn. The consolidated group operating result rose considerably to € 426 (previous year: 241) m during the same period.
All segments contributed to the increase, but especially the sugar segment. Group consolidated net income climbed to € 312 (previous year: 181) m.

The executive and supervisory boards will recommend to shareholders at the annual general meeting on 20 July 2017 that a dividend of € 0.45 (previous year: 0.30) per share be paid for fiscal 2016/17. Based on 204.2 million shares in circulation, the total dividend distribution will be € 91.9 m. Last year the total distribution was € 61.3 m.

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