Südzucker illustrated in the half-year report of business year 2020/21 that ED&F Man Holdings Limited, London, UK (Südzucker participation: about 35 percent) - as part of its strategic realignment - is focusing on its profitable trading business. The plan is to dispose of various industrial interests outside this core business – for example the sugar mills at the Mexican joint venture Azucar Grupo Saenz – that are weighing on the ED&F Man group’s result. The execution of these measures has been delayed due especially to the coronavirus pandemic, which is why these industrial interests are still negatively impacting the result.
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