Südzucker AG / Key word(s): Forecast/Change in Forecast 19.11.2015 08:43 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Mannheim, 19 November 2015 Südzucker specifies outlook for financial year 2015/16 Südzucker AG specifies its outlook for financial year 2015/16 on back of the further positive development notably of bioethanol prices also beyond the 2nd quarter and expecting a 3rd quarter group operating result significantly above prior year. Südzucker now projects group revenues at EUR 6.3 to 6.5 (previous year: 6.8) billion. For the group operating result Südzucker now forecasts a range of EUR 200 to 240 (previous year: 181) million. For the sugar segment Südzucker expects the operating result to decline significantly to a range of EUR -80 to -60 (previous year: 7) million. For the special products segment Südzucker specifies the forecast for operating profit at around EUR 145 (previous year: 120) million following the positive development in the current financial year. Apart from higher ethanol prices Südzucker assumes the new wheat starch plant at site Zeitz to begin operation not until start of financial year 2016/17. The related operating ramp-up losses will not occur until start of financial year 2016/17. Within the CropEnergies segment Südzucker now expects the operating result to come in between EUR 70 to 90 (previous year: -11) million following the beneficial ethanol price development to date. Any confirmation of this operating result level in financial year 2016/17 will provide a significant challenge for CropEnergies in light of actual forward prices for bioethanol. For the fruit segment Südzucker projects to repeat the solid operating result of the prior financial year which was EUR 65 million. The interim report for the 1st to 3rd quarter 2015/16 will be published on 13 January 2016. Südzucker AG Central Investor Relations Department Nikolai Baltruschat Maximilianstraße 10 68165 Mannheim, Germany Phone: +49 621 421-240 Fax: +49 621 421-449 [email protected] About the Südzucker Group Südzucker, with its sugar, special products, CropEnergies and fruit segments, is one of the leading companies in the food industry. In the traditional sugar business, the group is the world market leader, with 29 sugar factories and three refineries, extending from France in the west via Belgium, Germany and Austria, through to Poland, the Czech Republic, Slovakia, Romania, Hungary, Bosnia and Moldova in the east. The special products segment, consisting of the functional ingredients for food and animal feed (BENEO), chilled/frozen products (Freiberger), portion packs (PortionPack Europe) and starch divisions, is an important growth driver. The CropEnergies segment covers the bioethanol activities in Germany, Belgium, France and the UK. In the fruit segment, the group operates internationally, is the world market leader for fruit preparations and is a leading supplier of fruit juice concentrates in Europe. In 2014/15, the group employed about 18,500 persons and generated revenues of EUR 6.8 billion. 19.11.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Südzucker AG Maximilianstr. 10 68165 Mannheim Germany Phone: +49 (0)621 - 421-530 Fax: +49 (0)621 - 421-7530 E-mail: [email protected] Internet: www.suedzucker.de ISIN: DE0007297004, XS0606202454 DE000A1AJLE6 XS0222524372 WKN: 729700, A1GNRQ A1AJLE A0E6FU, Indices: MDAX Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Munich, Stuttgart; Regulated Unofficial Market in Hanover End of Announcement DGAP News-Service ---------------------------------------------------------------------------