The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

SZU.DE

Concerning the House

Südzucker AG produces and sells sugar products in Germany, Belgium, France, Austria, Poland, rest of Europe, the United Kingdom, the United States, and internationally. It operates through five segments: Sugar, Special Products, CropEnergies, Starch, and Fruit. The company offers sugar, specialty sugar products, and glucose syrup, as well as co products, such as animal feed; ingredients offering benefits comprising dietary fibers, sugar substitutes new sugars, rice starches, barley/rice flours, and vegetables texturates; and frozen and chilled pizza, frozen pasta dishes and snacks, baguette, breadsnacks, and portion packs. It also provides full grade ethanol, neutral alcoholrectified spirits, protein-based food and animal feed, and liquid CO2; native and modified starches, saccharification products, and byproducts; fruit preparation; and fruit juice concentrates, not-from-concentrates juices, fruit wines, and natural flavors and beverage compound. The company sells its products under the Sudzucker, Cucier Krolewski, Saint Louis, Tiense Suiker, Wiener Zucker, Isomalt, Palatinose, galenIQ, Orafti Inulin, Orafti Oligofruktose, Orafti ß-Fit, Remy, Meatless, Alberto, Pizzatainment, Hellma, Van Oordt, AcriProt, BiAgenasol, AgenaBee brands, as well as private labels. It serves food, baby food, animal feed, pharmaceutical, food retailers, out-of-home food service, hotels, restaurants, caterers, oil companies and traders, food and animal feed producers, beverage and cosmetics producers, industrial, paper, textiles, industrial chemicals, and petroleum industries. The company was founded in 1837 and is headquartered in Mannheim, Germany. Südzucker AG is a subsidiary of Süddeutsche Zuckerrübenverwertungs-Genossenschaft eG.

Germany · www.suedzuckergroup.com

The Ledger
LineNov 2024Feb 2025May 2025Nov 2025
Revenue$2.37B$2.23B$2.15B$2.16B
Gross profit
Operating income-$33.00M$2.00M-$7.00M$53.00M
Net income-$119.00M-$101.00M-$30.00M$3.00M
Diluted EPS-0.62-0.18-0.02
Free cash flow$249.00M$60.00M-$124.00M-$107.00M
CapEx-$149.00M-$157.00M-$115.00M-$103.00M
Quotation

$11.76

+0.48 (+4.3%)

52w hi$13.00
52w lo$8.97
Vol288.12K
As ofAug 13
The Verdict

Hold

Our score -0.30

Short+0.02
Medium-0.40
Long-0.72

computed 2026-08-13

By the Numbers

Südzucker AG

Consumer Defensive · Packaged Foods

Market cap$2.42B
Enterprise value$4.98B
Trailing P/E
Forward P/E15.26x
EV / EBITDA9.62x
P / S (ttm)0.29x
Profit margin-3.9%
Return on equity-8.6%
Revenue growth-4.4%
Earnings growth
Debt / equity58.89
Risk Metrics
Beta vs SPX0.02
Corr SPX0.01
Annual vol24.7%
Annual ret+4.5%
Sharpe0.18
Max DD-27.2%

Window: 504 trading days (489 obs)

Layer Breakdown
LayerRawContribution
Fundamental-0.03
Sector+0.02
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$11.76$12.04$11.68288.12K
Aug 12$11.32$11.92$11.18$11.76335.66K
Aug 11$11.22$11.36$11.22$11.2876.62K
Aug 10$11.24$11.28$11.08$11.2479.40K
Aug 7$10.90$11.32$10.90$11.3078.88K