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| Editorial |
“We are on the lookout for ways in which
we can develop the company further so
as to continue to be able to operate as
successfully as we are today even in a
different environment.”
Dear Shareholders, Dear Readers,
The previous financial year will go down in the history of Nordzucker as the most successful
to date. We saw significant growth in revenues and earnings for the third year in
a row. However, none of this would have been possible without an outstanding team
that brings ideas and energy to the entire Group.
Our excellent earnings are most certainly a reason to celebrate. Yet there is another
one: 175 years! The first sugar factory in the present-day Nordzucker’s region was
established in Klein Wanzleben 175 years ago and is still in use now. This makes it one
of the foundation stones of today’s company. In the years and decades that followed,
more and more factories were built. Early shareholders had a vision for the future: they
recognised the opportunities presented by new technologies and, through their dedication,
secured a long-term market outlet for their sugar beet.
Today, we once again look to the future together. The markets remain volatile,
meaning that price movements will continue to present a challenge for us in the future.
By the same token, the structure of sugar producers in Europe will undergo changes.
We also now know that the sugar market regime will come to an end in 2017. We are
thus facing changes in many different areas, but we are preparing for all of them. We
are making investments throughout the entire Group – in equipment to save energy,
to improve logistics and for product safety. Furthermore, we are on the lookout for
ways in which we can develop the company further so as to continue operating as
successfully as we are today even in a different environment.
Nordzucker was and is a company heading towards the future. The very first
shareholders were aware of this and it is just as important today to continue on this
path together.
I wish you all a pleasant summer.
Best regards,
Nordzucker has invested
in a new juice purification
facility at its site in Clauen.
Hartwig Fuchs
Akzente July 2013 3