THE SÜDZUCKER GROUP PROFILE 2021
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THE SÜDZUCKER GROUP PROFILE 2021
Contents
1. SÜDZUCKER GROUP 5.4. Sites 7.5 Ryssen Alcools SAS
1.1 Overview 5.5 Südzucker AG 7.6 Ensus UK Ltd.
1.2 Segment overview 5.5.1 Assortment for households 7.7 CT Biocarbonic
1.3 The range of Südzucker products 5.5.2 Assortment for processing industries
5.5.3 Co-products 8. FRUIT SEGMENT
2. STRATEGY & GUIDING PRINCIPLES 5.6 Südzucker Polska 8.1 Overview
2.1 Company profile 5.7 Südzucker Moldova 8.2 Figures
2.2 Group strategy 5.8 Raffinerie Tirlemontoise 8.3 Fruit preparations
2.3 Guiding principle 5.9 Saint Louis Sucre 8.4 Fruit juice concentrates
2.4 Strategic directions 5.10 AGRANA
5.11 ED&F Man 9. RESEARCH & DEVELOPMENT
3. PEOPLE & FIGURES 5.12 Farms
3.1 Group figures 5.13 Bodengesundheitsdienst 10. SUSTAINABILITY
3.2 Segment figures
3.3 Employees 6. SPECIAL PRODUCTS SEGMENT 11. SÜDZUCKER HISTORY
3.4 Executive board 6.1 Overview
3.5 Supervisory board 6.2 Figures 12. SUGAR MARKET
6.3 BENEO 12.1 German & Global sugar market
4. SHARE & CAPITAL MARKET 6.4 Freiberger 12.2 German sugar sales
4.1 Overview 6.5 Starch
4.2 Share price movement 6.6 PortionPack Europe 13. SUGAR PRODUCTION
4.3 Shareholder structure
7. CROPENERGIES SEGMENT
5. SUGAR SEGMENT 7.1 Overview
5.1 Overview 7.2 Figures
5.2 Figures 7.3 CropEnergies Bioethanol GmbH
5.3 Campaign 2020/21 7.4 BioWanze SA
May 2021
1.1 Overview
Südzucker Group
— One of the leading food industry companies
— Segments sugar, special products, CropEnergies and fruit
— In the traditional sugar business, the group is Europe‘s
number one supplier of sugar products
— About 17,900 employees*
— About € 6.7 billion annual revenues
— More than 100 production locations worldwide
— About 31 million tonnes of agricultural raw materials processed
— Sugar productions: 3.7 million tonnes
— Fiscal year: 1 March to 28/29 February
— Member of the German SDAX®
— Formation 1926
— Legal form: stock corporation under German law
* Based on full-time equivalents.
May 2021 1. SÜDZUCKER GROUP
1.2 Südzucker Group: Segment overview
Sugar is our core business, yet Südzucker is more than sugar …
Sugar segment CropEnergies segment
Ethanol
23 sugar factories and 2 refineries in
Austria, Belgium, Bosnia, the Czech 4 production sites in Belgium, France,
Republic, France, Germany, Hungary, Germany and Great Britain
Moldova, Poland, Romania, Slovakia
Special products segment Fruit segment
BENEO / Freiberger / Starch / Fruit preparations /
PortionPack Europe Fruit juice concentrates
29 production sites worldwide 41 production sites worldwide
May 2021 1. SÜDZUCKER GROUP
1.3 The range of Südzucker products
Video
As a leading integrated group, we harness the power of plants to produce a wide range of products
for many different areas of everyday life, including sugar.
But Südzucker does much more in the areas of nutrition and energy, as well as packaging and cosmetics.
That is why our short film takes a look at a day in the life of Sarah.
She guides us through the world of Südzucker and shows us the
huge variety of products.
Watch the video on YouTube
Note: We use YouTube for the display of videos. When calling up the link, you will leave the Südzucker environment and be redirected to YouTube. In this way, your personal data is also transmitted to YouTube.
Please note Google's data protection information before calling up. We also take the liberty of referring to our privacy policy.
May 2021 1. SÜDZUCKER GROUP
STRATEGY
&
GUIDING PRINCIPLES
May 2021 2. STRATEGY & GUIDING PRINCIPLES
2.1 Südzucker Group: Company profile
Südzucker is a multinational corporation whose sugar, special products and fruit segments
are key food industry players, while its CropEnergies segment is the leading ethanol producer in Europe.
— In the sugar segment, the group currently operates 23 factories and two refineries in Europe, producing sugar,
sugar specialties and co-products such as animal feed.
— The special products segment conducts business in high-growth dynamic markets consisting of the functional food ingredients for food
and animal feed (BENEO), as well as chilled/frozen products (Freiberger), starch and portion packs (PortionPack Europe) divisions.
— CropEnergies produces ethanol and animal food from renewable raw materials in Germany, Belgium, France and the UK.
— The fruit segment is the world market leader for fruit preparations and a leading supplier of fruit juice concentrates in Europe.
Our core competencies comprise our broad-based expertise in the large-scale conversion of different agricultural raw materials into
high-quality products, especially into food for industrial customers and end users but also feed and other products for the food and
non-food industries. In this process, the raw materials are to a large extent fully utilized and refined. Our marketing focuses on
business-to-business clients.
May 2021 2. STRATEGY & GUIDING PRINCIPLES
2.2 The core of our Group Strategy
Südzucker Group, together with its employees, is
expanding and strengthening its position as a leading
integrated group of companies for developing, producing
and supplying plant-based solutions – for nutrition,
energy and more!
May 2021 2. STRATEGY & GUIDING PRINCIPLES
2.3 Our guiding principle
Our vision for the future, Group Strategy 2026 PLUS, builds on our strengths as a diversified group of companies and our employees’
expertise and experience.
Our new guiding principle forms the basis of our strategy and defines the framework for Südzucker Group's further development:
We will be more innovative, more customer-focused, more sustainable and even more consistently geared toward profitable growth.
Purpose Mission Vision
Our Mission is to develop,
Our Purpose is to contribute to to process and to deliver value Our Vision is to become the
an enjoyable, healthy, and from plants for nutrition, leading integrated group for
sustainable world based on energy & beyond – being the plant-based solutions – locally,
the power of plants. partner of choice for farmers, regionally & globally.
customers and consumers.
May 2021 2. STRATEGY & GUIDING PRINCIPLES
2.4 Our strategic directions Five key strategic directions of Group Strategy 2026 PLUS May 2021 2. STRATEGY & GUIDING PRINCIPLES
PEOPLE & FIGURES May 2021 3. PEOPLE & FIGURES
3.1 Group figures
Südzucker Group
2020/21 2019/20
Revenues € million 6,679 6,671
EBITDA € million 597 478
Depreciation on fixed assets and intangible assets € million -361 -362
Operating result € million 236 116
Result from restructuring/special items € million -40 -19
Result from companies consolidated at equity € million -126 -49
Result from operations € million 70 48
EBITDA margin % 8.9 7.2
Operating margin % 3.5 1.7
Investments in fixed assets1) € million 285 335
Investments in financial assets/acquisitions € million 15 13
Total investments € million 300 348
Shares in companies consolidated at equity € million 165 313
Capital Employed € million 6,222 6,388
Return on Capital Employed % 3.8 1.8
1) Including intangible assets.
May 2021 3. PEOPLE & FIGURES3.2 Segment figures, fiscal year 2020/21
Südzucker Group
Revenues % € million 2020/21 2019/20
33.7 Sugar segment 2,252 2,258
37.2 Special products segment 2,487 2,409
11.6 CropEnergies segment 774 819
17.5 Fruit segment 1,166 1,185
Group 6,679 6,671
Operating result € million 2020/21 2019/20
Sugar segment -121 -236
Special products segment 197 190
CropEnergies segment 107 104
Fruit segment 53 58
Group 236 116
May 2021 3. PEOPLE & FIGURES3.3 Employees, fiscal year 2020/21
Südzucker Group
Total employees*: 17,876 Employees by region
Fruit Germany
5,154 Sugar 23.5 %
6,141
Non EU / other
35.1 %
CropEnergies
450
Other EU countries
Special products 41.4 %
6,131
*Based on full-time equivalents as of 28 February 2021.
May 2021 3. PEOPLE & FIGURES3.4 Executive board
Dr. Niels Pörksen Ingrid-Helen Arnold Dr. Thomas Kirchberg Thomas Kölbl Johann Marihart
CEO CDO COO CFO CEO AGRANA Beteiligungs-AG
Consumer markets, Industrial Markets,
Digitalization Research & Development
— Business Excellence — BENEO — CropEnergies — Controlling & Economics — Fruit
— Change Management — Freiberger — Sugar (Südzucker) — Finance — Starch (AGRANA)
— Data protection — PortionPack Europe — Agriculture — Investor Relations — Sugar (AGRANA)
— Internal communication — Digitalization / IT — Human Resources — Legal
— Public Relations & Affairs — New Business Develop- — Purchase / Investments
— Internal Audit, ment — Real Estate / Insurance
Compliance — Research, Development — Taxes
— Strategy / Corporate & Services
Development — Sustainability
— Top Management
May 2021 3. PEOPLE & FIGURES3.5 Supervisory board
— Chairman: Dr. Hans-Jörg Gebhard
— 2 Deputy chairmen:
Franz-Josef Möllenberg and Erwin Hameseder
— 8 further shareholders' representatives
— 9 further employees' representatives
— Südzucker largely complies with the
recommendations of the Government
Commission “German Corporate Governance
Code”
May 2021 3. PEOPLE & FIGURESSÜDZUCKER SHARE
&
CAPITAL MARKET
May 2021 4. SÜDZUCKER SHARE & CAPITAL MARKET4.1 Südzucker share: Overview
2020/21 2019/20
Market capitalization1) € million 2,661 2,873
Freefloat - market capitalization1) € million 790 903
Number of shares issued at €1) million shares 204.2 204.2
Xetra® closing price1) € 13.03 14.07
High of the year (Xetra®) € 17.54 16.95
Low of the year (Xetra®) € 10.77 11.24
Average trading volume/day2) thousand of shares 737 683
Cumulative trading turnover € million 2,457 2,420
SDAX® closing rate1) points 15,110 11,331
Performance Südzucker share (1 Mar. to 28 Feb.)3) % -6.2 11.1
Performance SDAX® (1 Mar. to 28 Feb.) % 33.4 4.9
Dividend4) €/share 0.20 0.20
Dividend yield % 1.5 1.4
Earnings per share € -0.52 -0.60
1) Balance sheetdate. 2) Total daily trading volume on all German stockexchanges where the share is admitted for trading.
3) Südzuckertotal return index, considers share development and dividend distribution. 4) 2020/21: proposal.
May 2021 4. SÜDZUCKER SHARE & CAPITAL MARKET4.2 Südzucker share: Share price movement
16 July 2020 – Annual General Meeting:
Dividend payment
Annual high: € 17.54
22 April 2020 – first outlook 2020/21*: 27 August 2020
€ 300-400 million
8 October 2020 – Q2 statement:
Outlook 2020/21 confirmed
14 May 2020 – analysts‘ conference:
Outlook 2020/21 confirmed
14 December 2020 – reduced forecast 2020/21:
€ 190-240 million
14 January 2021 – Q3 statement:
Outlook 2020/21 confirmed
9 July 2020 – Q1 statement:
Outlook 2020/21 confirmed
17 June 2020:
Q1 significantly above previous year
12 November 2020: Closing price: € 13.03
Annual low: € 10.77 Impairment ED&F Man 26 February 2021
13 March 2020
May 2021 4. SÜDZUCKER SHARE & CAPITAL MARKET4.3 Shareholder structure
Südzucker AG
Subscribed capital € 204.2 million
Sugar beet growers‘ associations
Verband Süddeutscher Zuckerrübenanbauer
Free Float
Regional associations:
Baden-Württemberg, Bavaria, Franconia, Hesse-
29.7 % Palatinate, Kassel, Saxonia-Thuringia, Wetterau
60.0 % SZVG
Süddeutsche
Zuckerrübenverwertungs-
Genossenschaft eG
10.3 %
Zucker Invest GmbH
(Austrian shareholders)
May 2021 4. SÜDZUCKER SHARE & CAPITAL MARKETSUGAR SEGMENT May 2021 5. SUGAR SEGMENT
5.1 Sugar segment: Overview
The sugar segment produces and markets sugar, specialty sugar products and animal feed.
To the sugar segment belongs:
— Sugar production sites and refineries of — Farming operations in Germany, Poland, Moldova
— Südzucker AG (Germany) and Chile
— Südzucker Polska (Poland) — Bodengesundheitsdienst
— Südzucker Moldova (Moldova) — Animal feed and other co-products
— Raffinerie Tirlemontoise (Belgium) — Distributors in Greece, the United Kingdom, Israel,
— Saint Louis Sucre (France)
Italy and Spain
— AGRANA (Austria, Romania, Slovakia, the
— Studen Group (including sugar production in Bosnia)
Czech Republic, Hungary, Bosnia) — Maxi S.r.l., an Italian marketing joint venture
— ED&F Man
May 2021 5. SUGAR SEGMENT5.2 Sugar segment: Figures
2020/21 2019/20
Revenues € million 2,252 2,258
EBITDA € million 32 -75
Depreciation on fixed assets and intangible assets € million -153 -161
Operating result € million -121 -236
Result from restructuring/special items € million -30 -17
Result from companies consolidated at equity € million -145 -66
Result from operations € million -296 -319
EBITDA margin % 1.4 -3.3
Operating margin % -5.3 -10.4
Investments in fixed assets1) € million 122 103
Investments in financial assets/acquisitions € million 3 10
Total investments € million 125 113
Shares in companies consolidated at equity € million 109 252
Capital Employed € million 2,685 2,815
Return on Capital Employed % -4.5 -8.4
1) Including intangible assets.
May 2021 5. SUGAR SEGMENT5.3 Sugar segment: Campaign 2020/21
Group figures
Sugar factories all over Europe Cultivated area
23 343,000 hectares
Refineries 2
Total sugar production Beet processing / Sugar production
(including raw sugar refining)
3.7 million tonnes 2020/21
3.7
24.1
4.5
2019/20 28.4
Beet processing
24.1
4.7
2018/19 29.3
million tonnes
Sugar production (incl. raw sugar refinery) Beet processing
May 2021 5. SUGAR SEGMENT5.4 Sites of the sugar factories / refineries Group; Campaign 2020/21 May 2021 5. SUGAR SEGMENT
5.5 Südzucker AG
Facts & Figures
Founded
1926
Sugar factories in Germany
7
Processing capacity
sugar beets >100.000 tonnes/day
Products: wide assortment of sugar types
for households and for the processing industries
May 2021 5. SUGAR SEGMENT5.5.1 Südzucker AG Assortment for households — Fein Zucker — Gelier Zucker 1plus1 — Feinster Zucker — Gelier Zucker 2plus1 — Feinster Back Zucker — Gelier Zucker 3plus1 — Puder Zucker — Zucker Hut — Einmach Zucker — Puder Zucker Mühle — Kandissorten — Hagel Zucker — Zucker Sticks — Brauner Rohrzucker — Brauner Zucker — Sirup Zucker — Brauner Würfel Rohrzucker — Würfel Zucker — Bio Zucker (Rübenzucker) — Rohrzucker Sticks — Glücks Zucker — Bio Rohrzucker — Weisser Rohrzucker May 2021 5. SUGAR SEGMENT
5.5.2 Südzucker AG
Assortment for processing industries
Crystal Specialities
— Organic Beet Sugar — Classic Fondant (partly organic
— White Sugar (also organic) Liquid & sugar reduced)
— Extra White Sugar — Liquid Sugar (also organic) — Glazing
— White Sugar High-Grade — Invert Sugar Syrup (also organic) — Invert Sugar Paste
— Icing Sugar (also organic) / — Glucose Syrup — Pearl Sugar
Raftisnow® — Glucose-Fructose Syrup — Pharma Sugar / Excipients
— Candy Sugar, Candy Powder — Blends — crystalline sucrose
— Brown Sugar — Candy Syrup — Liquid Sugar
— Brown Cane Sugar (also organic) — Caramels — COMPRI®
— Bee Feed
May 2021 5. SUGAR SEGMENT5.5.3 Südzucker AG Co-products — Beet Molasses — Pressed Sugar Beet Pulp — Sugar Beet Pulp Pellets (SBPP) — Wheat Bran Pellets — Thick Juice Südzucker Group companies also market other co-products from sugar, starch and ethanol production. May 2021 5. SUGAR SEGMENT
5.6 Südzucker Polska
Südzucker Polska produces beet sugar at four factories
in Cerekiew, Ropczyce, Strzelin and Świdnica.
The Cukier Królewski brand has been known on the
Polish market for 20 years.
Its high quality has been recognized with awards from
customers and also retail and industry specialists.
Cukier Królewski is proud of being the local brand and
having a strong connection to the growers who supply
their valuable raw material – the beets – to the factories.
May 2021 5. SUGAR SEGMENT5.7 Südzucker Moldova Südzucker Group established a foothold in Moldova in the mid-90s and now operates two sugar factories there*. *Temporary production stop from 2020/21 at one plant. May 2021 5. SUGAR SEGMENT
5.8 Raffinerie Tirlemontoise
Raffinerie Tirlemontoise was founded in 1836
in Tienen, Belgium, where 66 years later first hard
cubes (“Harde Klontjes”) were invented.
In 1989 the company has been
affiliated with Südzucker Group.
Until now, Raffinerie Tirlemontoise
remains the market leader in Belgium.
May 2021 5. SUGAR SEGMENT5.9 Saint Louis Sucre Saint Louis Sucre in France operates two sugar factories, one with a packaging plant, a pulp dehydration facility, a liquid sugar facility and three storage centers. May 2021 5. SUGAR SEGMENT
5.10 AGRANA
Sugar Division: AGRANA Sales & Marketing GmbH Wide range of products from conventional or organic
as central sales platform with local implementation farming for B2B, B2C (e.g., “Wiener Zucker”,
and customer support. “Koronas Cukor”, ...) and gastronomy.
.
May 2021 5. SUGAR SEGMENT5.11 ED&F Man Holdings Ltd.
Stake of Südzucker in British commodities trading company ED&F Man: 34.37 %
Sugar
— About ED&F Man
— Founded 1783
— 5,500 employees in 50 countries
Coffee
— Worldwide presence / international
orientation
— Operations Special Crops
— Sugar trading and participation in sugar
production companies
— Trade in coffee, liquid animal feed and pulses Liquid Products
— Financial services
Brokerage
May 2021 5. SUGAR SEGMENT5.12 Farms Since Südzucker was founded, the company has had its own farms in Germany, and later also in Poland, Moldova and Chile, in the vicinity of the processing locations: — Cultivation of wheat, sugar beet, maize, chicory, rapeseed, soybean and other — Partly organic farming of the areas (e.g., organic sugar beets) and organic turkey production — Steady enhancement of modern farming methods and transfer of knowledge into practice — Kirschgartshausen experimental farm: further development of sugar beet cultivation methods, biodiversity May 2021 5. SUGAR SEGMENT
5.13 Bodengesundheitsdienst BGD Bodengesundheitsdienst GmbH — Soil testing in compliance with the fertilizer ordinance — Fertilization advice — Comparison of plant nutrients — Virus and bacteria analyses — Animal feed testing — Organic fertilizer testing May 2021 5. SUGAR SEGMENT
SPECIAL PRODUCTS
SEGMENT
May 2021 6. SPECIAL PRODUCTS SEGMENT6.1 Special products segment: Overview
— Deep-frozen and chilled pizza, as
— Specialty ingredients on a natural
well as deep-frozen pasta dishes
basis for food, feed and
and snacks; sauces and dressings
pharmaceuticals
— 11 production sites worldwide
— 5 production sites worldwide
(6 in Europe, 5 in the USA)
— Starch for use in food and non-food
areas as well as ethanol
— Production and distribution of
— 5 production sites and 1 joint portion packs for out-of-home use
venture
— Maize starch, isoglucose and — 7 production sites worldwide
ethanol plant Hungrana Kft. (50 %
joint venture)
May 2021 6. SPECIAL PRODUCTS SEGMENT6.2 Special products segment: Figures
2020/21 2019/20
Revenues € million 2,487 2,409
EBITDA € million 323 306
Depreciation on fixed assets and intangible assets € million -126 -116
Operating result € million 197 190
Result from restructuring/special items € million 1 0
Result from companies consolidated at equity € million 19 17
Result from operations € million 217 207
EBITDA margin % 13.0 12.7
Operating margin % 7.9 7.9
Investments in fixed assets1) € million 110 150
Investments in financial assets/acquisitions € million 11 2
Total investments € million 121 152
Shares in companies consolidated at equity € million 53 58
Capital Employed € million 2,242 2,267
Return on Capital Employed % 8.8 8.4
1) Including intangible assets.
May 2021 6. SPECIAL PRODUCTS SEGMENT6.3 BENEO – Connecting Nutrition & Health
A contribution to better nutrition
— Made from raw materials, BENEO produces and markets specialty ingredients with nutritional benefits.
— Main market segments: food, feed
— Additionally, BENEO actively supports its customers in the areas nutritional science and application technology
to support the successful development of innovative ingredients.
— Sales offices in the United States, Asia, South America and Europe
as well as a coordinated sales team in more than 70 countries
for worldwide tailor-made customer support and a strong market position
— 5 production sites in Belgium, Chile, Germany and Italy
— About 1,000 employees
May 2021 6. SPECIAL PRODUCTS SEGMENT6.3.1 BENEO
Product portfolio and benefits
Natural fibres: Functional carbohydrates: Rice starches, flours, Wheat gluten and
Products Inulin and Oligofructose Isomalt and Palatinose™ proteins proteins
Chicory root Sugar beet Rice Wheat
Natural
Sources
— Digestive health — Toothfriendly — Clean Label
— Fibre enrichment — Weight management — Lactose-, gluten-free — Vegetable protein
— Better calcium absorption — Sugar-/calorie reduction — Texture optimization — Quality improvement
Benefits — Weight management — Optimized sweetness and — Optimized viscosity — Texture optimization and
— Fat and sugar improved stability — Dairy and meat stability
replacement — Blood sugar management substitution — Neutral taste profile
— Improved texture — Optimized energy — Hypoallergenic
May 2021 6. SPECIAL PRODUCTS SEGMENT6.3.2 BENEO
Application focus
Beverages
Dairy products
Baby food
Cereals
Meat substitute Bakery
Confectionery Soups und sauces
BENEO – Ingredients for high standards:
— Tasteful recipes with an optimized nutritional profile
— Applications that go hand in hand with worldwide dietary trends
May 2021 6. SPECIAL PRODUCTS SEGMENT6.3.3 BENEO
Science as basis for customer success
— With expert services from R&D as well as the areas regulatory affairs and market intelligence,
BENEO supports successful product launches and marketing of BENEO‘s customers.
— Focus in research are the topics nutritional science and application technology that are of central interest
for the food industry.
— Based on the research results, BENEO was able to reach several positive evaluations by the European Food Safety
Authority (EFSA).
— The BENEO Institute focuses on:
— Weight management
— Gut health
— Dental health
— Bone health
— Physical performance
— Controlling blood sugar
May 2021 6. SPECIAL PRODUCTS SEGMENT6.4 Freiberger
— One of the three largest manufacturers of frozen and chilled pizza worldwide
— Products: deep-frozen and chilled pizza as well as deep-frozen pasta dishes and snacks;
sauces and dressings; products for in-store bakeries
— Production sites: Berlin, Muggensturm, Osterweddingen, Burg, Oberhofen/Austria,
Westhoughton/Great Britain and another 5 in the USA (in Wisconsin, Ohio, Illinois and Iowa)
— 21 production lines in Europe, 12 in the USA; daily output of up to 4.5 million products
— Specialist for private labels, supplier of many leading food retailers
in Europe and North America
— Further target markets: South Africa, Korea
— Brands: Alberto, al Forno, Stateside
— Innovations 2021/22: Brand cooperation with SUNTAT (Ethical Food): Suntats Pizza;
Innovation "Pinsa”
May 2021 6. SPECIAL PRODUCTS SEGMENT6.5 Starch
— 6 production sites in Austria, Germany, Hungary and Romania
— Raw materials: potatoes, maize and wheat
— Starch and special starch products for the
— Food and semi-luxury food industries
— Baby food industries
— Paper and paper converting industries
— Textile industry
— Construction chemicals industry
— Pharmaceutical and cosmetic industries
— Important supplier of environmentally friendly ethanol
— One of the leading suppliers for business-to-business solutions in the organic sector
— Provider of products from special maize e.g., wax maize and GMO-free maize
— Next to ethanol, additional production of isoglucose in Hungary
— Since 2016: Wheat starch plant at Südzucker's Zeitz site
May 2021 6. SPECIAL PRODUCTS SEGMENT6.6 PortionPack Europe
— Printing, packing and distribution of portion packed products
— Product range:
— Food (sugar portions, toppings, pastries, snacks, sweets, etc.)
— Non-food (shower gel, shampoo, refreshing towels, etc.)
— European market leader
— Major market: Gastronomy/large-scale consumer
(hotels, catering, restaurants and canteens)
— 9 affiliates in 7 countries: Belgium, Czech Republic, Germany, Great Britain,
Netherlands, South Africa and Spain
May 2021 6. SPECIAL PRODUCTS SEGMENTCROPENERGIES
SEGMENT
May 2021 7. CROPENERGIES SEGMENT7.1 CropEnergies segment: Overview Sites
— The CropEnergies Group produces sustainable
products from biomass
— The CropEnergies Group includes:
— CropEnergies Bioethanol GmbH, Zeitz/Germany
— BioWanze SA, Wanze/Belgium Ethanol production 2020/21
Ryssen Alcools SAS, Loon-Plage/France
987
—
— Ensus UK Ltd., Wilton/Great Britain thousand m3
— CT Biocarbonic, Zeitz/Germany (joint venture)
Production of dried food and animal feed 2020/21
— 4 production sites in Belgium, France, Germany and
Great Britain with an annual production capacity of
about 1.3 million m³ ethanol 604 thousand tonnes
May 2021 7. CROPENERGIES SEGMENT7.2 CropEnergies segment: Figures
2020/21 2019/20
Revenues € million 774 819
EBITDA € million 148 146
Depreciation on fixed assets and intangible assets € million -41 -42
Operating result € million 107 104
Result from restructuring/special items € million 1 0
Result from companies consolidated at equity € million 0 0
Result from operations € million 108 104
EBITDA margin % 19.2 17.8
Operating margin % 13.8 12.7
Investments in fixed assets1) € million 29 30
Investments in financial assets/acquisitions € million 0 0
Total investments € million 29 30
Shares in companies consolidated at equity € million 3 2
Capital Employed € million 465 450
Return on Capital Employed % 23.0 23.1
1) Including intangible assets.
May 2021 7. CROPENERGIES SEGMENT7.3 CropEnergies Bioethanol GmbH
— One of Europe's biggest ethanol plants;
annual capacity:
— about 400,000 m³ ethanol, 60,000 m³ can be refined to neutral alcohol
— more than 300,000 tonnes ProtiGrain® (protein animal feed)
— 100,000 tonnes liquefied CO2
— Renewable ethanol: mainly as additive to petrol in the form of E5 and E10
— High quality neutral alcohol e.g., for beverage, cosmetics and pharmaceutical industries
— ProtiGrain®: high protein animal feed distributed all over Europe
— Purification and liquefaction of CO2 from fermentation, among others for the food sector
— Flexibility in processing raw materials (cereals and sugar syrup)
May 2021 7. CROPENERGIES SEGMENT7.4 BioWanze SA
— Since December 2008 BioWanze operates a plant in Wanze, Belgium
producing ethanol, gluten and ProtiWanze® (liquid protein animal feed)
— Innovative production process: on average about 70 % CO2 will be saved
through the use of biomass as primary energy source instead of fossil fuel
— Raw materials: wheat and sugar syrup
— Annual capacity:
— 300,000 m3 ethanol
— more than 400,000 tonnes ProtiWanze®
— up to 60,000 tonnes gluten
May 2021 7. CROPENERGIES SEGMENT7.5 Ryssen Alcools SAS
— Production site in Loon-Plage, France
— Part of the CropEnergies Group since June 2008
— Annual capacity:
— more than 100,000 m³ ethanol for fuel applications
— up to 90,000 m³ ethanol for traditional and technical applications
— Ryssen Alcools SAS specializes in flexible customer fulfilment in view of product specifications and delivery quantity
— Customers: fuel industry, beverage, cosmetic, pharmaceutical and chemical industries
May 2021 7. CROPENERGIES SEGMENT7.6 Ensus UK Ltd.
— One of the largest ethanol plants in Europe in Wilton, Great Britain
— Since July 2013 member of CropEnergies Group
— Production of ethanol and high-quality protein animal feed (DDGS)
— Annual capacity:
— 400,000 m3 ethanol
— 350,000 tonnes DDGS
— Delivers carbon dioxide to a liquefaction plant which processes it for use in the food and beverage industry;
annual capacity: 250,000 tonnes liquefied biogenic CO2
May 2021 7. CROPENERGIES SEGMENT7.7 CT Biocarbonic
— Joint venture to liquefy the CO2 generated at the ethanol facility in Zeitz
— Partner: SOL Gruppe
— Largest biogenic CO2 liquefaction plant in Germany
— CO2 marketed for use in the beverage industry, in the food industry
as a cooling and freezing agent and to produce dry ice used for cleaning
— Production capacity: 100,000 tonnes of liquefied CO2/annum
— Startup: end of 2010
— Shares the existing ethanol plant's infrastructure, such as water/wastewater, energy, CO2
May 2021 7. CROPENERGIES SEGMENTFRUIT SEGMENT May 2021 8. FRUIT SEGMENT
8.1 Fruit segment: Overview
— Segment with a global reach and 41 production facilities
— Global market leader in fruit preparations (AGRANA Fruit)
— Most significant producer of fruit juice concentrates in Europe (AUSTRIA JUICE)
— Refining agricultural raw materials to high-value intermediate products for the food industry,
above all for the drinks, dairy, pastries and ice cream industry
— Market presence on all five continents
May 2021 8. FRUIT SEGMENT8.2 Fruit segment: Figures
2020/21 2019/20
Revenues € million 1,166 1,185
EBITDA € million 94 101
Depreciation on fixed assets and intangible assets € million -41 -43
Operating result € million 53 58
Result from restructuring/special items € million -12 -2
Result from companies consolidated at equity € million 0 0
Result from operations € million 41 56
EBITDA margin % 8.1 8.5
Operating margin % 4.5 4.9
Investments in fixed assets1) € million 24 52
Investments in financial assets/acquisitions € million 1 1
Total investments € million 25 53
Shares in companies consolidated at equity € million 0 0
Capital Employed € million 829 855
Return on Capital Employed % 6.4 6.8
1) Including intangible assets.
May 2021 8. FRUIT SEGMENT8.3 Fruit preparations
AGRANA Fruit
— Global market leader in fruit preparations
— 26 production sites worldwide
— Bundling all business activities into AGRANA Fruit S.A.S.,
Mitry-Mory, France
— Production plants next door to industrial customers to ensure freshness and high quality
— Research center for fruit preparations in Tulln, Austria and 17 “New Product Development Centers” worldwide
— R&D works closely with customers when designing and producing fruit preparations (especially international
corporations in the dairy, ice cream and baked goods industries)
May 2021 8. FRUIT SEGMENT8.4 Fruit juice concentrates
AUSTRIA JUICE
— Production and marketing of high-value apple juice
and berry juice concentrates, flavours, fruit wine, direct juices,
purees and beverage bases
— 15 production locations worldwide
— Bundling all business activities into AUSTRIA JUICE GmbH,
headquartered in Kröllendorf, Austria
May 2021 8. FRUIT SEGMENTRESEARCH
&
DEVELOPMENT
May 2021 9. RESEARCH & DEVELOPMENT9. Research & development Main focus — Development of new products and product variants — Application technology in the food and non-food areas — Optimization of the production processes — Testing new process technologies — Support for sales and production activities May 2021 9. RESEARCH & DEVELOPMENT
9. Research & development
Facts & Figures
— Assignments:
— Sugar technology and sugar specialities
— functional food ingredients (Isomalt, Palatinose™, rice derivatives,
inulin, oligofructose, proteins, fibres)
— pharmaceutical additives
— starch and starch derivatives
— fruit preparations
— fruit juice concentrates
— renewable ethanol
— Fibres
— bio-based chemicals
— biodegradable plastics
— Expenditure for R&D in 2020/21: € 48.2 million
— 468 employees worldwide
May 2021 9. RESEARCH & DEVELOPMENTSUSTAINABILITY May 2021 10. SUSTAINABILITY
10. Sustainability
Rooted in our corporate culture
Sustainability is an integral part of the corporate strategy
— Building on the strategic direction "Committed to sustainable business" from Group Strategy 2026 PLUS,
a strategy process for sustainability was initiated
— Establishment of a new organization for the Group-wide management and implementation of sustainability activities
— Sustainability roadmap with objectives as well as measures and initiatives for more sustainable action in the Südzucker Group;
the focus is on climate protection, biodiversity, purchasing, logistics and diversity, among others
— More communication and transparency according to the motto:
May 2021 10. SUSTAINABILITYSÜDZUCKER HISTORY May 2021 11. SÜDZUCKER HISTORY
11. Südzucker history More than 175 years of tradition (I) 1837 Formation of the first sugar company of the later Südzucker 1926 1st merger: Süddeutsche Zucker-Aktiengesellschaft, Mannheim 1951 Formation of Zuckerfabrik Franken GmbH, Germany 1988 2nd merger: Südzucker Aktiengesellschaft Mannheim/Ochsenfurt 1989 Investment in AGRANA Beteiligungs-AG, Vienna, Austria 1989 Investment in Raffinerie Tirlemontoise S.A., Brussels, Belgium 1991 Formation of Südzucker GmbH, Zeitz, Germany 1995 Formation of Schöller Holding GmbH & Co. KG, Nuremberg, Germany 1996 Acquisition of majority interest in Freiberger, Berlin, Germany 1996 Beginning investments in sugar division in Poland 1998 Acquisition of outstanding minority interests in Freiberger May 2021 11. SÜDZUCKER HISTORY
11. Südzucker history More than 175 years of tradition (II) 2001 Acquisition of Saint Louis Sucre S.A., Paris, France / Sale of Schöller Holding 2003 Acquisition of 14 Silesian sugar factories 2003 Establishment of fruit division by AGRANA 2004 Worldwide expansion of fruit division 2005 Start of ethanol production in Zeitz, Germany 2006 BENEO-Orafti factory in Chile starts production 2006 IPO for the Südzucker subsidiary CropEnergies (ethanol) and European-wide expansion of the ethanol division 2006 First joint venture with a leading apple juice concentrate producer in China 2007 Fruit preparations factory in Brazil starts production 2007 BENEO Group founded: Orafti, Palatinit and Remy functional food activities merged 2008 Ethanol plant in Wanze, Belgium with an annual capacity of 300,000 m³ starts production 2008 Ethanol plant in Pischelsdorf, Austria with an annual capacity of 240,000 m³ starts production 2009 Freiberger takes over the pizza production site in Osterweddingen, Germany 2010 New pizza factory starts up in Westhoughton, Great Britain May 2021 11. SÜDZUCKER HISTORY
11. Südzucker history More than 175 years of tradition (III) 2010 CO2 production facility starts up in Zeitz, Germany (joint venture) 2012 Investment in ED&F Man, a British commodities trading company 2012 Joint venture AUSTRIA JUICE GmbH 2012 CropEnergies builds a facility at the Zeitz site which will produce high-end food-grade rectified spirit 2013 CropEnergies acquires UK ethanol producer Ensus 2013 AGRANA opens wheat starch plant at site in Pischelsdorf, Austria 2014 Südzucker and Austrian shareholders increase participation in AGRANA Beteiligungs-AG 2014 AGRANA starts up fruit preparations plant in Lysander, New York, USA 2014 Introduction of new logo 2015 Change of the company's name to Südzucker AG 2015 Completion of renovation and new construction of headquarters in Mannheim, Germany 2016 Wheat starch factory in Zeitz starts operations 2016 Südzucker raises stake in ED&F Man to 35 % minus one share 2016 AGRANA acquires Argentinian fruit preparations producer MAIN PROCESS S.A. May 2021 11. SÜDZUCKER HISTORY
11. Südzucker history More than 175 years of tradition (IV) 2017 Freiberger acquires German frozen pizza producer HASA GmbH 2017 AGRANA acquires fruit processing plant in India 2017 Freiberger acquires U.S. frozen and deli pizza producer Richelieu Foods 2018 AGRANA acquires stake in Algerian fruit preparations producer Elafruits SPA 2018 PortionPack acquires British single portion items producer CustomPack Ltd. 2018 AGRANA signs joint venture agreement with US sugar producer The Amalgamated Sugar Company 2019 AGRANA opens new fruit preparations plant in Changzhou, China 2019 BENEO opens production plant for vegetal protein in Wanze, Belgium 2019 AGRANA: ground-breaking ceremony for betaine plant at Tulln, Austria 2019 AGRANA opens second wheat starch plant in Pischelsdorf, Austria 2020 PortionPack Europe: Single Source and Custom Pack becomes Portion Solutions 2020 AGRANA starts production of crystalline betaine in Tulln, Austria 2020 Südzucker launches strategy project 2026 PLUS May 2021 11. SÜDZUCKER HISTORY
SUGAR MARKET May 2021 12. SUGAR MARKET
12.1 Sugar Market - Germany & World
Germany 2020/21 2019/20
Sugar factories 18 20
Beet growers 23,638 25,832
Area under beet cultivation hectares 350,743 372,287
Sugar production million tonnes 4.1 4.24
Domestic sugar sales million tonnes 2.8* 2.84**
Source: WVZ. *2019/20; **2018/19
World sugar production World sugar balance
160000 200000
140000
120000 150000
in 1 000 t raw value
in 1 000 t raw value
100000
80000 100000
60000
40000 50000
20000
0 0
2018/19 2019/20 2020/21 2018/19 2019/20 2020/21*
Cane sugar Beet sugar Consumption Closing stocks
Source: F.O. Licht (*preliminary)
May 2021 12. SUGAR MARKET12.2 German sugar sales
Confectionery
Spreads,
canned fruits 19.1 %
and vegetables
5.1 %
Baked goods Soft drinks,
fruit juices,
Processing sugar fruit wine
14.1 %
16.6 %
85.7 %
Household sugar Ice cream, Other
Industrial sales
milk products
14.3 % (non-food) 16.8 %
6.8 %
7.2 %
Source: BLE, Data 2019/20
May 2021 12. SUGAR MARKETSUGAR PRODUCTION
Przemyslaw Koch
May 2021 13. SUGAR PRODUCTION13. Sugar production Scheme of operation of a beet sugar factory May 2021 13. SUGAR PRODUCTION
Links
SÜDZUCKER GROUP SPECIAL PRODUCTS SEGMENT
suedzucker.de
suedzucker.com beneo.com
facebook.com/suedzuckerkarriere
linkedin.com/company/suedzucker
freiberger-pizza.com
SUGAR SEGMENT
mein-suedzucker.de portionpackeurope.com
instagram.com/suedzucker_momente
bienenfutter.eu
suedzucker.pl agrana.com
cukier-krolewski.pl
suedzucker.md CROPENERGIES SEGMENT
edfman.com
cropenergies.com
raffinerietirlemontoise.com
biowanze.be
tiensesuiker.com
ryssen.com
sweet-moments.be
ensus.co.uk
saintlouis-sucre.com FRUIT SEGMENT
agrana.com agrana.com
wiener-zucker.at
INITIATIVES
bodengesundheitsdienst.de
bisz.suedzucker.de schmecktrichtig.de
May 2021Südzucker AG Corporate Public Relations & Affairs Maximilianstraße 10 68165 Mannheim Telephone: +49 621 421-0 E-Mail: public.relations@suedzucker.de www.suedzucker.de Photo credits: Südzucker Group; Dennis Möbus/Südzucker AG; Eva Mutzeck/Südzucker AG; Alexander Seeboth/Südzucker AG; Corina Trummer/Südzucker AG; Lukas Ilgner/AGRANA; SMBC Eferding/AGRANA; Martin Jehnichen/CropEnergies; iStock.com/alicjane; iStock.com/Evorona; iStock.com/metamorworks; iStock.com/Nastco; iStock.com/NatashaBreen; iStock.com/nerudol; iStock.com/NisenN; iStock.com/Anna Shepulova; iStock.com/SMarina; iStock.com/Pixtural; Denizo71/Shutterstock.com; hxdbzxy/Shutterstock.com; Sergey Nivens – stock.adobe.com May 2021
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