Südzucker AG has specified the forecast for the financial year 2024/25 (1 March 2024 to 28 February 2025) that was last confirmed on 14 January 2025. Südzucker expects group revenues at the midpoint of the range of EUR 9.5 to 9.9 (2023/24: 10.3) billion.
Group EBITDA and the group operating result are now expected at the upper area of the ranges of EUR 550 to 650 (2023/24: 1,138) million and EUR 175 to 275 (2023/24: 947) million respectively.
Although the current financial year 2024/25 has not yet ended and the significant volatility of the key parameters is expected to continue for the financial year 2025/26, the budget for the financial year 2025/26 that is now available is sufficiently precise.
Against this backdrop, Südzucker's initial forecast for the financial year 2025/26 (1 March 2025 to 28 February 2026) is for a moderate decline in group revenues. Group EBITDA is expected between EUR 525 and 675 million and group operating result is expected between EUR 150 and 300 million. This forecast is generally based on the assumption that the EU sugar price level, which has been significantly reduced since October 2024, will improve considerably from the 2025/26 sugar marketing year (October 2025 to September 2026).
Also in this forecast for the financial year 2025/26, it is important to bear in mind that further impacts from the ongoing war in Ukraine and the resulting continued fundamental increase in the already high volatilities on the sales and procurement markets are to be expected. This applies in particular to the further development of duty-free Ukrainian agricultural imports (e.g. sugar and grain) into the EU.