Südzucker stock fell 3.42 percent as earnings guidance rose

Published on 10/04/2026 at 22:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Südzucker stock stood at EUR 11.86 on October 2, 2026, while Q2 operating EBITDA reached EUR 168 million. The half-year report is due October 8.

Makroaufnahme von glitzernden weißen Zuckerkristallen in extremer Nahaufnahme — Südzucker AG (DE0007297004) zeigt in extremer Makroaufnahme glitzernde weiße Zuckerkristalle in hoher Detailschärfe, Illustration mit AI erstellt.

Südzucker stock (ISIN DE0007297004) fell 3.42 percent to EUR 11.86 on Xetra on October 2, 2026, even after the company raised its fiscal 2026/27 outlook. In its September 28, 2026 release, Südzucker reported a sharp second-quarter earnings improvement and lifted the lower end of its operating EBITDA forecast.

EBITDA rises to EUR 168 million

Operating Group EBITDA reached EUR 168 million in Q2 of fiscal 2026/27, covering June 1 through August 31, compared with EUR 93 million in Q2 2025/26, according to Südzucker. The EUR 75 million increase was driven mainly by higher ethanol prices in CropEnergies and higher sales volumes in Special Products.

The guidance change is meaningful because the lower end of the full-year operating EBITDA range moved from EUR 480 million to EUR 540 million, while the upper end stayed at EUR 680 million. Revenue guidance also increased from EUR 8.1 billion-8.5 billion to EUR 8.3 billion-8.7 billion for fiscal 2026/27.

October 8 report tests the recovery

Südzucker is scheduled to publish its first-half financial report on October 8, 2026, according to the company's investor-relations calendar at Südzucker. The release will show whether the Q2 improvement extended across the first half and how the sugar, ethanol and specialty-products businesses performed together.

The company also flags geopolitical and global economic uncertainty around its outlook, making the reported earnings mix important for investors. CropEnergies provides a clear operating lever through ethanol prices, while the broader group remains exposed to commodity costs, demand and sugar-market conditions.

Neutral consensus near EUR 12.38

Investing.com lists a Neutral consensus from six analysts, with two Buy ratings and no Sell ratings. The average 12-month price target is EUR 12.38, with a high of EUR 17.00 and a low of EUR 9.00, putting the average target 4.38 percent above the October 2 price.

Stock remains below its yearly high

Südzucker was last at EUR 11.86 on Xetra on October 2, 2026, after trading between EUR 11.84 and EUR 12.36 during that session. Its 52-week range was EUR 8.92-13.57, market capitalization was EUR 2.4 billion and volume reached 133,055 shares.