Financial Year 2023/24 - Analyst Audio Webcast

Dr. Niels Pörksen (CEO) / Thomas Kölbl (CFO) / Dr. Stephan Meeder (Executive Board Member)

16 May 2024

Disclaimer

This presentation contains forward looking statements. The statements are based on current assumptions and estimates made by the executive board and information currently available to its members. The forward looking statements are not to be viewed as guarantees of the future developments and results presented therein. Future developments and results are in fact dependent on a variety of factors and are subject to various risks and imponderables. They are based on assumptions that could in fact prove to be invalid. The risk and opportunity report in the 2023/24 annual report on pages 91 to 102 presents an overview of the risks. We assume no obligation to update the forward-looking statements made in this presentation.

This presentation includes percentage and number rounding. Typing and printing errors reserved. In addition, all disclaimers published on the Südzucker website apply.

Written and visual value statements are standardized as follows:

➔

/

/

/

± 1 %

± 1-4 %

± 4-10 %

> ± 10 %

stable

slight

moderate

significant

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Südzucker Analyst Audio Webcast, 16 May 2024

FINANCIAL TRANSPARENCY

Agenda

Dr. Niels Pörksen

Thomas Kölbl / Dr. Stephan Meeder

Overview

Financial Highlights

Group development 2023/24

Annual Financial Statement 2023/24

- Non-sugar segments

Financing

- Sugar segment

Development

Delisting Tender Offer CropEnergies

- Non-sugar segments

Political environment

- Sugar segment

Focus 2024/25

Outlook 2024/25

Appendix

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Südzucker Analyst Audio Webcast, 16 May 2024

FINANCIAL TRANSPARENCY

Financial Year 2023/24 with records…

© Dennis Möbus/Südzucker

© Dennis Möbus/Südzucker

Shutterstock.com/Below the Sky

©

Kreil

© Achim Jesser

©

© Andreas Krumholz

... despite continuing challenges

© Shutterstock.com/Jeppe Gustafsson

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Südzucker Analyst Audio Webcast, 16 May 2024

FINANCIAL TRANSPARENCY

Agenda

Dr. Niels Pörksen

Thomas Kölbl / Dr. Stephan Meeder

Overview

Financial Highlights

Group development 2023/24

Annual Financial Statement 2023/24

- Non-sugar segments

Financing

- Sugar segment

Development

Delisting Tender Offer CropEnergies

- Non-sugar segments

Political environment

- Sugar segment

Focus 2024/25

Outlook 2024/25

Appendix

5

Südzucker Analyst Audio Webcast, 16 May 2024

FINANCIAL TRANSPARENCY

Financial Year 2023/24 with records - Group Perspective

Group revenues and earnings performance

(mn €)

9,498

10,289

6,671

6,679

7,599

2019/20

2020/21

2021/22

2022/23

2023/24

947

704

236

332

116

2019/20

2020/21

2021/22

2022/23

2023/24

  • Group revenues of 10.3 (9.5) bn € moderatly above prior-year level
  • Significant improvement in
    group operating result to 947 (704) mn €
  • Sugar segment exceptionally good year; earnings more than double
  • Segment special products almost doubles earnings
  • Segment CropEnergies with significantly lower earnings after record results
  • Segment starch with significant earnings decline
  • Segment fruit with significant earnings increase

6

Südzucker Analyst Audio Webcast, 16 May 2024

FINANCIAL TRANSPARENCY

Agenda

Dr. Niels Pörksen

Thomas Kölbl / Dr. Stephan Meeder

Overview

Financial Highlights

Group development 2023/24

Annual Financial Statement 2023/24

- Non-sugar segments

Financing

- Sugar segment

Development

Delisting Tender Offer CropEnergies

- Non-sugar segments

Political environment

- Sugar segment

Focus 2024/25

Outlook 2024/25

Appendix

7

Südzucker Analyst Audio Webcast, 16 May 2024

FINANCIAL TRANSPARENCY

Special products segment

© Shutterstock.com/Mr. and mrs. Black

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Südzucker Analyst Audio Webcast, 16 May 2024

FINANCIAL TRANSPARENCY

Special products segment

BENEO

© Shutterstock.com/zi3000

  • Global trend towards a health-conscious and more plant-based diet - both in food and pet food - continues
  • Expansion of the product portfolio in the area of texturized vegetable proteins and dietary fibres with added benefits
  • Greater market penetration with competitive application solutions for plant-based fish, meat and dairy alternatives with a focus on the European market
  • Further strengthening of international sales expertise on the basis of adapted regional sales strategies

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Südzucker Analyst Audio Webcast, 16 May 2024

FINANCIAL TRANSPARENCY

Special products segment

Freiberger

  • The Freiberger division's sales markets benefit from the continued stable demand for convenience food
  • Current trends such as organic, vegan, plant-based and ready-to-go foods are consistently analyzed and integrated into the product range where necessary
  • Actively and flexibly aligning and adapting the product portfolio to trends, developing new marketing concepts and channels
  • Proactively take up innovations and sustainability issues and further develop existing approaches
  • Strengthen market position in Europe, expand market position in North America, analyze and develop third markets

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Südzucker Analyst Audio Webcast, 16 May 2024

FINANCIAL TRANSPARENCY

Attachments

Disclaimer

Südzucker AG published this content on 16 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 May 2024 11:31:03 UTC.