suedzucker ag (SZU:Xetra)
suedzucker ag (SZU) Snapshot
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Open
€25.85
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Previous Close
€26.06
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Day High
€26.18
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Day Low
€25.70
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52 Week High
03/1/13 - €34.34
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52 Week Low
06/6/12 - €23.68
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Market Cap
5.3B
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Average Volume 10 Days
1.1M
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EPS TTM
€3.13
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Shares Outstanding
204.2M
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EX-Date
08/2/13
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P/E TM
8.3x
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Dividend
€0.90
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Dividend Yield
2.69%
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Related News
suedzucker ag (SZU) Related Businessweek News
No Related Businessweek News Foundsuedzucker ag (SZU) Details
Südzucker Aktiengesellschaft supplies sugar products in Europe. The company’s Sugar segment produces and sells sugar. This segment is also involved in agricultural/beet cultivation activities; provides soil testing, fertilization advice, plant nutrients comparison, and virus analysis services; and markets animal feed, a by-product of sugar and bioethanol production. Its Special Products segment produces functional food ingredients, including fibers, alternative carbohydrates, rice derivatives, and wheat gluten; specialty ingredients for pharmaceuticals and non-food applications; and functional ingredients for animal feed. This segment also offers frozen and chilled pizzas, and frozen pasta dishes and snacks; portion packed food and non-food products to hotels, restaurants, canteens, and caterers; and bioethanol, as well as starch for the food and non-food sectors. The company’s CropEnergies segment produces bioethanol primarily for the fuel sector. Its Fruit segment produces fruit preparations for the dairy, ice cream, and baked goods industries; and apple juice, berry juice, and other juice concentrates, as well as juices and purees for the fruit juice industry. The company was founded in 1837 and is headquartered in Mannheim, Germany. Südzucker Aktiengesellschaft is a subsidiary of Süddeutsche Zuckerrübenverwertungs-Genossenschaft eG.
suedzucker ag (SZU) Key Developments
Suedzucker AG (DB:SZU) is not currently looking for new acquisitions although it has enough funds to afford them, dpa-afx reported citing a statement of Suedzucker's Chief Financial Officer Thomas Koelbl. Nevertheless, the company is paying attention for good opportunities and in any case would be able to finance a possible deal , Koelbl said on May 16, 2013.
Suedzucker AG reported consolidated earnings results for the year ended February 28, 2013. For the year, the company reported consolidated revenues were up 13% to EUR 7.9 billion against EUR 7.0 billion in the previous year and operating profit jumped 30% to EUR 974 million against EUR 751 million in the previous year. Consolidated operating profit rose sharply in the first half of the fiscal year, driven especially by the unusually strong growth in the sugar segment, and was unchanged from last year during the second half of the year. As expected, the special products segment was unable to build on last year's results; operating profit declined in the second half of the fiscal year. The CropEnergies and fruit segments contributed to the substantial operating profit growth. Operating profit for the fiscal year 2014 is expected to decline significantly, to about EUR 825 million. Consolidated group revenues should rise slightly.
Suedzucker AG announced that they will report fiscal year 2013 final results on May 16, 2013
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Industry Analysis
SZU
Industry Average
| Valuation | SZU | Industry Range |
| Price/Earnings | 8.7x |
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| Price/Sales | 0.6x |
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| Price/Book | 1.4x |
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| Price/Cash Flow | 6.0x |
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| TEV/Sales | 0.3x |
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