Südzucker stock raises outlook after Q2 EBITDA jump

Published on 10/06/2026 at 14:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Südzucker stock was trading at EUR 12.44 on Xetra at 2:11 p.m. CEST on October 6, 2026, up 1.14 percent. Q2 EBITDA reached EUR 168 million.

Flatlay mit Aktienzertifikat, ISIN-Karte, Zuckerrüben und Zuckerhaufen auf grauem Tisch — Südzucker AG (DE0007297004) zeigt als Flatlay Aktienzertifikat, ISIN-Karte, Zuckerrüben und Zucker auf hellem Untergrund, Illustration mit AI erstellt.

Südzucker (ISIN DE0007297004) was trading at EUR 12.44 on Xetra at 2:11 p.m. CEST on October 6, 2026, up 1.14 percent from the prior close. The company raised its fiscal 2026/27 revenue outlook after operating Group EBITDA more than doubled in the second quarter, according to Südzucker Group on September 28, 2026.

EBITDA reaches EUR 168 million

Operating Group EBITDA reached EUR 168 million in Q2 2026/27, covering June 1 through August 31, 2026. That compared with EUR 93 million in Q2 2025/26, an increase of 80.6 percent.

CropEnergies benefited from higher ethanol prices, while the Special Products segment gained from higher sales volumes. The mix matters because the improvement came from both commodity pricing and volume growth rather than from a single operating unit.

Revenue guidance moves higher

Südzucker now expects fiscal 2026/27 revenue of EUR 8.3 billion-EUR 8.7 billion, compared with the previous EUR 8.1 billion-EUR 8.5 billion range. The lower end therefore increased by EUR 200 million, while the upper end stayed at EUR 8.7 billion.

Operating Group EBITDA guidance was narrowed to EUR 540 million-EUR 680 million from EUR 480 million-EUR 680 million. The higher floor gives the outlook a stronger earnings base, although the company linked its forecast to geopolitical and global economic uncertainty in the September 28 release.

Consensus stays close to the market price

Investing.com lists a Neutral consensus from 6 analysts as of October 6, 2026. The average 12-month price target is EUR 12.380, with estimates ranging from EUR 9 to EUR 17; the average target is 0.5 percent below the EUR 12.44 Xetra price.

The next test is dated October 8, 2026. Südzucker's first-half report for fiscal 2026/27 is scheduled for that date, giving investors a near-term check on whether the Q2 improvement supports the raised revenue range and the higher EBITDA floor.

Stock trades below its yearly high

Südzucker stock was trading at EUR 12.44 on Xetra on October 6, 2026, with a market capitalization of EUR 2.5 billion and volume of 40,598 shares. Its 52-week range was EUR 8.92-EUR 13.57, leaving the share 8.3 percent below the yearly high.