date:May 16, 2014
ore, the executive and supervisory boards recommended to shareholders a dividend of 0.50 per share, lower than last year's 0.90 per share.
42% of Sdzucker is owned by beet farmers from the south of Germany.
The expiry of the EU sugar regime in 2017, looks certain to put the company under pressure.
The adaptation to the changing conditions challenge us in our core business, CEO Wolfgang Heer said Thursday at the presentation of the annual figures in Mannheim.
The company has 30 sugar factorie