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Südzucker AG (SZU.DE)

XETRA - XETRA Delayed Price. Currency in EUR
13.75-0.06 (-0.43%)
As of 02:58PM CET. Market open.
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Südzucker AG

Maximilianstrasse 10
Mannheim 68165
Germany
49 621 421 0
https://www.suedzucker.de

Sector(s)Consumer Defensive
IndustryPackaged Foods
Full Time Employees18,677

Key Executives

NameTitlePayExercisedYear Born
Dr. Niels PörksenChairman of Exec. Board & CEON/AN/A1963
Mr. Thomas KolblCFO & Member of Exec. BoardN/AN/A1962
Ms. Ingrid-Helen ArnoldCDO & Member of Exec. BoardN/AN/A1968
Mr. Markus Muhleisen M.B.A.Member of the Exec. BoardN/AN/A1966
Nikolai BaltruschatHead of Investor RelationsN/AN/AN/A
Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Südzucker AG produces and sells sugar products in Germany and internationally. It operates through five segments: Sugar, Special Products, CropEnergies, Starch, and Fruit. The Sugar segment produces and sells sugar, sugar specialty products, glucose syrup, and animal feed to food industry, retailers, and agriculture markets, as well as offers by-products of sugar. The Special Products segment produces functional food ingredients, including dietary fibers, sugar substitutes, sugar, rice starches/flours, and functionalized wheat protein for food, animal feed, non-food, and pharmaceutical industries. This segment also offers frozen and chilled pizzas, pasta, baguette, and sauces and dressings; and portion packed foods and non-food products to hotels, caterers, food retailers, and restaurants. The CropEnergies segment produces fuel-grade ethanol, rectified spirits, protein-based food and animal feed, and liquid CO2 to oil companies and traders, industrial and pharmaceutical companies, food and animal feed producers, and beverage and cosmetics producers. The Starch segment offers starches, saccharification products, ethanol, and byproducts which includes animal feed and fertilizers to food, paper, textiles, industrial chemicals, pharmaceuticals, cosmetics, petroleum, and animal feed industries. The Fruit segment produces fruit preparations for the dairy, ice cream, baked goods, and food service industries; and fruit juice concentrates, pure juices, fruit wines, natural aromas, and beverage bases for beverage industry. It is also involved in agricultural activities; and cultivation of wheat, sugar beet, corn, chicory, rapeseed, soybean, and other products. The company was founded in 1837 and is headquartered in Mannheim, Germany. Südzucker AG is a subsidiary of Süddeutsche Zuckerrübenverwertungs-Genossenschaft eG.

Corporate Governance

Südzucker AG’s ISS Governance QualityScore as of October 1, 2022 is 8. The pillar scores are Audit: 9; Board: 6; Shareholder Rights: 1; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.
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