DGAP-Adhoc: Südzucker executive board proposes a dividend of 0.40 euro per share for fiscal 2021/22
DGAP-Ad-hoc: Südzucker AG / Key word(s): Dividend
Südzucker executive board proposes a dividend of 0.40 euro per share for fiscal 2021/22
04-Apr-2022 / 15:41 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Südzucker AG's executive board decided at its meeting today - subject to a corresponding resolution by the supervisory board - to propose to the annual general meeting a dividend of EUR 0.40 (previous year: 0.20) per share for the 2021/22 financial year. The supervisory board meeting is scheduled for 18 May 2022, and the annual general meeting is to be held in virtual form on 14 July 2022.
According to preliminary figures, Südzucker AG generated consolidated group revenues of about EUR 7.6 (previous year: 6.7) billion in fiscal 2021/22 (1 March 2021 to 28 February 2022). The EBITDA increased significantly in the same period to around EUR 690 (previous year: 598) million. Group operating profit also increased significantly to around EUR 330 (previous year: 236) million.
With this announcement, the publication of the preliminary figures, which was scheduled in the financial calendar for 25 April 2022, no longer applies.
The full report for fiscal 2021/22 will be published on 19 May 2022.
Südzucker AG
Maximilianstraße 10
68165 Mannheim, Germany
Investor Relations:
Nikolai Baltruschat
Phone: +49 621 421-240
investor.relations@suedzucker.de
Financial press:
Dr Dominik Risser
Phone: +49 621 421-205
public.relations@suedzucker.de
About the Südzucker Group
Südzucker is a major player in the food industry with its sugar, special products, starch and fruit segments, and Europe's leading ethanol producer with its CropEnergies segment.
In the traditional sugar business, the group is Europe's number one supplier of sugar products, with 23 sugar factories and two refineries, extending from France in the west via Belgium, Germany and Austria, through to Poland, the Czech Republic, Slovakia, Romania, Hungary, Bosnia, and Moldova in the east. The special products segment, with its consumer-oriented functional ingredients for food and animal feed (BENEO), chilled/frozen products (Freiberger) and portion packs (PortionPack Europe), operates in dynamic growth markets. Südzucker's CropEnergies segment is Europe's leading producer of renewable ethanol, with production sites in Germany, Belgium, France and Great Britain. Other products in this segment are protein food and animal feed products as well as biogenic carbon dioxide. The new starch segment comprises AGRANA's starch and ethanol activities. The group's fruit segment operates globally, is the world market leader for fruit preparations and is a leading supplier of fruit juice concentrates in Europe.
In 2020/21, the group employed about 17,900 persons and generated revenues of EUR 6.7 billion.
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