Tereos 2Q16/17 - Continued sugar recovery
​French sugar producer Tereos has published another set of solid results in the 2Q16/17 ended September 30, 2016, on the back of the continued recovery of sugar prices (world prices +57% yoy in 1H16/17). Note that the yoy comparison has gotten tougher in Q2 compared to the previous quarters since sugar prices had already started to increase in Q2 last year, after the trough of the cycle was reached in the summer 2015.
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