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Nordzucker Group third quarter report: good earnings – difficult market

Fall in prices will put pressure on fourth quarter and new financial year.

The Nordzucker Group further improved its earnings in the first nine months of the 2017/2018 financial year. However, the outlook for the remaining three months and the next financial year is less promising. 

Up to the end of the first nine months of the current financial year, Nordzucker generated revenues of EUR 1,284 million, just below the previous year’s figure of EUR 1,307 million. However, the net income for the period increased significantly overall, from EUR 81.7 million in the previous year to EUR 143.5 million.

Read Nordzucker's press release here