HAMBURG (Reuters) -Europe's largest sugar producer Suedzucker on Thursday reported an 82% fall in quarterly operating profits with weak EU sugar markets continuing to trouble the company.
Germany's Suedzucker reported operating profit in the second quarter to end August of its 2025/26 fiscal year of 20 million euros ($23.29 million), down from 114 million euros in the same quarter the previous year.
Low EU sugar prices burdened results with a reduction in costs not enough to compensate, it said.
Suedzucker also on Thursday confirmed its reduced forecast of full-year 2025/26 operating profits of between 100 and 200 million euros from 350 million in the previous year.
($1 = 0.8587 euros)
(Reporting by Michael Hogan, editing by Friederike Heine)
