Südzucker AG Reports Earnings Results for the Fiscal Nine Months of 2019; Reiterates Earnings Guidance for the Fiscal Year 2019 and Provides Earnings Guidance for the Fiscal Year 2020
The company reiterated the company's fiscal full year 2019 guidance. Fruit revenue should come in at EUR 6.6 billion to EUR 6.9 billion, and operating result should reach EUR 25 million to EUR 125 million. The company expects for fiscal full year 2019, then EPS could be negative clearly.
The company expect to be from the loss lower or to be in positive territory for fiscal full year 2019-2020.