Südzucker AG provided earnings guidance for the fiscal year 2022. For the year, the company sees a continuation of the positive sales development, leading to moderately higher revenues. Earnings are expected to decrease moderately. This is due to partially lower sales revenues, higher costs and lower contribution from ethanol in light of lifted grain prices. From October 2021, the company expects rising sales revenues in a broadening market environment and further material cost savings from the restructuring completed to date. As well as associated follow-up measures and projects. This should then lead to positive operating earnings both in the second half and for full fiscal year 2021, 2022 as a whole despite steadily increasing raw material costs. Group revenues came in at EUR 7.0 billion to EUR 7.2 billion and operating resale in a range between EUR 300 million to EUR 400 million.