|Bid||15.02 x 317900|
|Ask||15.04 x 50000|
|Day's Range||14.89 - 15.03|
|52 Week Range||10.85 - 16.20|
|Beta (3Y Monthly)||0.23|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 10, 2019|
|Forward Dividend & Yield||0.20 (1.33%)|
|1y Target Est||18.51|
Südzucker AG (FRA:SZU) is a small-cap stock with a market capitalization of €3.0b. While investors primarily focus on...
"Our decision to confirm Suedzucker's Baa3 ratings considers the rebound in spot sugar prices in recent months and the possibility that lower sugar production across Europe this year might lead to a sustained recovery in sugar prices over the next 6 to 12 months, supporting an eventual strengthening of the company's credit metrics to a level commensurate with the rating during fiscal 2021," says Paolo Leschiutta, a Moody's Senior Vice President and lead analyst for Suedzucker. "The improvement in the company's profitability will be slow and will largely depend on prevailing sugar prices towards the end of 2019, when the company will start negotiating new contracts with its customers for 2019 sugar production.
Moody's Investors Service, ("Moody's") has today placed under review for downgrade the Baa3 long-term issuer rating and the Prime-3 (P-3) short-term rating of Suedzucker AG ('Suedzucker' or 'the company'), as well as Suedzucker International Finance B.V.'s Baa3 long-term issuer rating and the Prime-3 (P-3) short-term rating. Suedzucker is the leading beet sugar producer in Europe.
Suedzucker, Europe's largest sugar refiner, said on Thursday it plans to close two German sugar production plants as part of a restructuring programme announced this week. The company said on Tuesday it plans to cut sugar production volumes by up to around 700,000 tonnes per year including factory closures because of the current slump in sugar prices. Suedzucker produces about 5.9 million tonnes of sugar a year.
Suedzucker, Europe's largest sugar refiner, said on Tuesday it planned to cut capacity and close sugar production plants to save about 100 million euros (87 million pounds) a year following a slump in sugar prices. The company said it planned to reduce sugar production volumes by up to around 700,000 tonnes per year. Suedzucker said the cuts would affect its German and other European operations, without giving details or saying how many jobs might be affected.
How far off is Südzucker AG (FRA:SZU) from its intrinsic value? Using the most recent financial data, I am going to take a look at whether the stock is fairly Read More...
The rating of the junior subordinated notes (or 'the hybrid') issued by Suedzucker International Finance B.V.'s was downgraded to B1 from Ba3. Revised release follows. Milan, December 12, 2018 -- Moody's Investors Service, ("Moody's") has today downgraded Suedzucker AG's ('Suedzucker' or 'the company') long-term issuer ratings to Baa3 from Baa2 and the short-term ratings to Prime-3 from Prime-2. "Suedzucker's rating downgrade to Baa3 concludes the review initiated in September and reflects Moody's expectations that the company's operating performance will remain depressed for a prolonged period of time on the back of low sugar prices in Europe.
PARIS/LONDON, Dec 4 (Reuters) - French cooperative Tereos, the world's second largest sugar maker, is holding extraordinary elections to its membership council this week which the farmer-owned group hopes will end an internal feud at the debt-laden group already struggling with an industry-wide slump. A sharp fall in sugar prices in the European Union has triggered a crisis in the industry that has also hit rivals such as Suedzucker, Nordzucker and Associated British Foods . For Tereos, the impact of low sugar prices has been particularly harsh due to the company's heavy debt burden and deep exposure to sugar.
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). To keep it practical, we’ll show how Südzucker AG’s (FRA:SZU) P/E Read More...
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Read More...
Moody's Investors Service, ("Moody's") has today placed under review for downgrade the Baa2 long-term issuer ratings and the Prime-2 short-term ratings of Suedzucker AG ('Suedzucker' or 'the company') and Suedzucker International Finance B.V. The decision follows the company's profit revision announced on 20 September 2018. "The review for downgrade of Suedzucker's ratings reflects the company's indication that profit during the financial year ending February 2019 will be much lower than we had previously expected. The review takes into account that over the coming two months the company will identify the financial impact of the 2018 sugar campaign and the final outcome of selling contract negotiations with its customers which are important considerations to assess the trajectory of the company's earnings amid a prolonged period of low sugar prices", says Paolo Leschiutta a Moody's Senior Vice President and lead analyst for Suedzucker.
Südzucker AG (FRA:SZU), which is in the food business, and is based in Germany, received a lot of attention from a substantial price movement on the DB over the lastRead More...
Today, I will be analyzing Südzucker AG’s (FRA:SZU) recent ownership structure, an important but not-so-popular subject among individual investors. When it comes to ownership structure of a company, the impactRead More...