Sudzucker AG 2019 AR2
The report highlights Südzucker AG's performance for the 2018/19 fiscal year, which was heavily impacted by the deregulation of the European sugar market and a severe drought. To address these challenges, the company announced a major restructuring plan for its sugar segment, including the planned closure of five sugar factories to align capacity with European demand. In contrast, the special products and fruit segments demonstrated stable growth, supported by international acquisitions such as Richelieu Foods and CustomPack. Additionally, the CropEnergies segment navigated volatile ethanol markets while benefiting from positive policy signals under the updated EU Renewable Energy Directive.
Company: Sudzucker AG
Sector: Manufacturing
Country: Germany
Year: 2019
Type: AR2
Pages: 230
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Sudzucker AG
Annual Report
The report highlights Südzucker AG's performance for the 2018/19 fiscal year, which was heavily impacted by the deregulation of the European sugar market and a severe drought. To address these challenges, the company announced a major restructuring plan for its sugar segment, including the planned closure of five sugar factories to align capacity with European demand. In contrast, the special products and fruit segments demonstrated stable growth, supported by international acquisitions such as Richelieu Foods and CustomPack. Additionally, the CropEnergies segment navigated volatile ethanol markets while benefiting from positive policy signals under the updated EU Renewable Energy Directive.
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Document Details
Report Year
2019
Reporting Period
Mar 1, 2018 - Feb 28, 2019
Fiscal Year
2019
Published
May 16, 2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Employees