Sudzucker reported a substantial decline in revenue for fiscal 2025/26 compared with the previous year, accompanied by decreases in both operating EBITDA and the operating result.
The company attributed the deterioration in its sugar segment to a combination of markedly lower prices and reduced sales volumes. Management noted that prices did not rebound after a European beet harvest that exceeded expectations, leaving the unit with weaker margins and diminished top-line performance.
In the special products segment, results deteriorated following the sale of the Richelieu business in the United States. The division was further affected by lower overall prices and an increase in personnel costs, which together contributed to the decline in performance for the year.
By contrast, the CropEnergies segment recorded an improved operating result. That improvement was driven by lower net raw material and energy costs. The positive impact on profitability came despite reduced revenues linked to lower sales volumes and the temporary closure of a plant during the period.
Looking ahead, Sudzucker confirmed its forecast for fiscal 2026/27 and expects group revenue to be broadly stable. The company projects group revenues in a range between EUR 8.0 billion and EUR 8.4 billion for the coming fiscal year. For operational EBITDA, Sudzucker expects a range between EUR 480 million and EUR 680 million.
Sudzucker cautioned that sales and procurement markets remain subject to continued volatility as a result of geopolitical uncertainty. The company indicated that this uncertainty is expected to sustain fluctuating conditions in its end markets and in procurement of inputs.
Overall, the fiscal 2025/26 results reflect significant pressure across segments driven by price movements, changes in volumes and a strategic divestment, while CropEnergies provided a partial offset through cost-related improvements. Management has maintained its near-term guidance but flagged ongoing market volatility as a key consideration for the business.