According to preliminary figures, Südzucker AG increased group revenues significantly to about EUR 2.25 (previous year: 1.75) billion and group EBITDA significantly to about EUR 230 (previous year: 121) million in the first quarter of the current 2022/23 financial year (1 March to 31 May 2022). Group operating result improved significantly to around EUR 160 (previous year: 49) million. The improvement in group EBITDA and group operating result is largely attributable to the CropEnergies segment. Südzucker had already announced on 14 April 2022 that a significant increase in group EBITDA and group operating result was expected for the first quarter.
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