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Suedzucker on track

This article was originally published in The Public Ledger

GERMANY'S Suedzucker has confirmed its earnings targets and expects revenue of around €5.9bn ($8.3bn) and operating profit of €400m in the 2010 fiscal year to February 28, 2010. With the payout of the EU restructuring aid of €446m in June 2009, net financial debt will drop considerably from the €1.92m at the end of the first quarter.


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