Suedzucker performance improves despite weak sugar prices

Suedzucker, Europe's largest sugar producer (it produces beet sugar which is table sugar or sucrose, extracted from the sugar beet plant), reported 3Q earnings improvement, driven by its non-sugar businesses such as biofuels, starch and fresh fruit (protecting itself against a weak EU sugar market).

Suedzucker warned that the EU sugar market is likely to remain depressed and hence forecasts a fall in operating profit from the previous year.

80% of world sugar production comes from sugarcane (grown in tropical and subtropical regions) and 20% comes from sugar beet (grown in temperate climates like EU, Russia, UK, US). 

Sugar beet is very important for Europe's sugar supply.

Worldwide sugar production is roughly 181 million tons (2024/25).