Unsatisfactory earnings position defines the financial year
Nordzucker AG ended their 2014/2015 financial year with unsatisfactory earnings. Global overproduction, high stockpiles within the EU, measures implemented by the European Commission that exaggerated the effect and an overall increase in the level of competition, led to a notable downturn in business performance. A positive result in the current financial year is highly unlikely due to persistently low prices. Nordzucker is therefore focusing on improving its profitability and believes it is well equipped for future trends with a very stable capital structure.