Südzucker returned to profit in its second quarter, reporting €28 million in net income compared with a net loss a year earlier, while sales remained largely stable. The earnings release comes as the company's shares have climbed 34.43% year to date, with a 90 day gain of 9.69%, though the one month return fell 4.53%. Analysts hold a consensus price target of €11.98, against a last close of €12.22, with the most bullish target at €15.0 and the most bearish at €9.0. A separate discounted cash flow model estimates a future cash flow value of €35.56, implying the shares trade about 65.6% below that figure.
Südzucker AGSüdzucker returned to profit with €28 million net income in Q2 versus a year-earlier loss, a direct earnings improvement.
Berner Kantonalbank AG