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| PaNoraMa | Previous year surpassed again Nordzucker continues to grow strongly with rising revenues and earnings We have reduced net debt to EUR 59 million. Nordzucker is in very good financial condition. Dr Michael Noth, Chief Financial Officer cant increase in revenues and profit thanks to the good market situation and a number of its own profit-boosting measures. Revenues rose by more than 20 per cent to EUR 2.4 billion in the 2012/2013 financial year. Similarly, earnings reached a new high of EUR 360 million. This means that Nordzucker comfortably surpassed the very good earnings of the previous year once again. “This is by far the best result in the history of our company,” summarised the Chief Financial Officer of Nordzucker AG, Dr Michael Noth. “And what is particularly pleasing to see in this anniversary year: We were successful across all regions.” Nordzucker’s shareholders will also be pleased about the good performance – the dividend proposed to the Annual General Meeting in July 2013 will be EUR 1.80 per share. Last year, EUR 1.00 per share was paid out. In this way, shareholders enjoy a fair share of the company’s good earnings, and the company’s financing is strengthened at the same time. Earnings increase by EUR 152 million Compared to the previous year, Nordzucker was able to increase consolidated revenues by EUR 424.8 million to EUR 2.443 billion in the 2012/2013 financial year. This translated into a net income of EUR 360 million for the Group. Following EUR 208 million in the previous year, this represents a clear rise in earnings of EUR 152 million. Nordzucker benefited above all from comparatively favourable conditions in the market with higher prices for quota sugar and a larger volume of non-quota sugar sales. Earnings were also helped by Nordzucker has posted outstanding earnings for the third year in a row. The company was able to achieve a signifilong-term savings which took effect across the Group. These are the result of the “Profitability plus” programme, which has been running for three years. It consists of a range of measures designed to last five years and with which Nordzucker intends to boost its competitiveness. “We have made the most of market opportunities and resolutely continued on our course without neglecting the ongoing development of the company. This course is paying off,” emphasises CEO Hartwig Fuchs. Share of business abroad rises to 56 per cent Once again, Nordzucker generated more than half of its revenues outside Germany. “We are a strong European company established in attractive regional markets,” says Michael Noth and refers to the trend of revenues in the three Nordzucker regions: In the 2012/2013 financial year, 44 per cent of consolidated revenues came from the Central Europe region (previous year: 47 per cent), 40 per cent from the Northern Europe region (previous year: 40 per cent) and 16 per cent in the Eastern Europe region (previous year: 13 per cent). Equity rises above the one-billion mark The good earnings made it possible for Nordzucker to strengthen its equity further, lifting it above the one billion Euro mark for the first time to EUR 1.316 billion. “We set ourselves the goal of increasing the equity ratio three years ago,” explains Michael Noth. “In 2012/2013, we were able to achieve an even better equity ratio of 55 per cent – despite a greater balance sheet total.” Moreover, Nordzucker made the most of the good year and reduced net debt to around EUR 59 million. Michael Noth is happy about this 8
Annual Report 2012/2013 Hartwig Fuchs, Chief Executive Officer Nordzucker AG Annual revenues increased further In EUR m 2,443 2,018 2011/2012 2012/2013 Thanks to positive conditions in the market, revenues rose by more than 20 per cent to EUR 2.4 billion in the 2012/2013 financial year. Net income at record levels and believes Nordzucker is “in very good financial condition”. Sound foundation for sustainable growth With an eye on rising stock levels, Nordzucker expects global sugar prices to remain at the currently low level, which means that Nordzucker expects a decline in revenues and earnings in the current financial year. The company will continue resolutely on its chosen course for growth and improved efficiency. “This is our key to sustainable strength and competitiveness,” emphasises the CEO. sdp In EUR m 91 2010/2011 208 2011/2012 360 2012/2013 Nordzucker posted record earnings for the third year in a row. This resulted primarily from higher prices for quota sugar, a greater volume of non-quota sugar sales as well as savings in production and administration in 2012/2013. Living our values. Creating growth. For more details, please refer to our Annual Report – also available online at www.nordzucker.de Akzente July 2013 9
Page 1 and 2: Akzente News from Nordzucker | Issu
Page 3 and 4: | Editorial | “We are on the look
Page 5 and 6: Talking to … People at Nordzucker
Page 7: 1 2 4 You can find more information
Page 11 and 12: COMMENT BY HARTWIG FUCHS Accelerati
Page 13 and 14: Not a record year In almost all of
Page 15 and 16: Energy efficiency and CO 2 savings
Page 17 and 18: 731 per tonne [as of April 2013]. A
Page 19 and 20: Four values - one company Responsib
Page 21 and 22: Everything under control: whether i
Page 23 and 24: Summer with Dansukker Nordic Sugar
Page 25 and 26: Axel Aumüller COO Nordzucker AG Pe
Page 27 and 28: | CLICKED ON | Looking online for N

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