Suedzucker : Hoping for H2 is not enough with regulatory risks in German ethanol on top
>Sugar – European sugar tightness lasts, pushing prices and segment operating profit recovery by € 150m out to FY 2023-24 vs FY 2021-22 - Continuing tightness in the EU sugar market is a double-edged sword as fierce competition for acreage on inflated prices for alternative crops may reduce Südzucker’s sugar beet acreage by an estimated 5% in the current season while, again, giving beet farmers strong bargaining power on beet prices. 70% hedged gas costs still leave c...Suedzucker is the parent company of Suedzucker Group, which operates in four segments: sugar, which comprises sugar production in Bosnia, Austria, Romania, Slovakia, Czech Republic and Hungary, as well as Moldova; special products, which, among others, produces and sells ingredients made from natural raw materials for food products and animal feed, and its bioethanol businesses; CropEnergies, which includes the bioethanol activities of Co.'s Sudzucker group with production sites in Germany, Belgium, France and the U.K. as well as trading activities in Brazil, Chile and the U.S; and fruit, which serves food companies from the dairy, baked goods, ice cream and non-alcoholic beverage industry.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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