The Sudzucker share holds its own against the general negative trend in the stock market: your rate has almost doubled in the last nine months. A week ago, the paper marked even his 52-week high of 19.50 euros. In Xetra trading Sudzucker quoted on Tuesday at about 18 euros.
Sudzucker is not only the largest sugar producer in the European Union, but presented through its subsidiary Schoeller also ice cream ago and held a stake in the health care group Fresenius. Both investments were, however, recently sold to assume, among other things, the French Saint Louis Sucre. This was the largest acquisition in its history. The concentration mortgage payment calculator (http://night-falls.net/) on the core business is doing well Sudzucker. The company has increased to 465 million euros in fiscal year 2001/2002 its operating profit disproportionately by 18.7 percent. Earnings per share rose from 1.30 to 1.45 euros.
In the current year will exceed significantly the Sudzucker operating profit even the 500 million mark. According to analysts, earnings per share should then rise to 1.58 euros in 2003 to 1.71 euros even. This represents an estimated price-earnings ratio of just under twelve for 2002 and almost eleven for 2003. Thus, the share does not appear to be expensive, despite recent price increases.
Planned entry into the fuel business
In addition to concentrating on the core business of the chief executive Theo Spettmann is considering to open up new business. But which should be directly related to the core product of sugar. Sudzucker intends example go into the production of biofuel and fuel additives mortgage payment calculator (http://www.noa-hpt.com/UserProfile/tabid/43/userId/7489/Default.aspx) on ethanol-based.
Although biofuels are exempted completely from mineral oil. How has the market developed, however, also depends on the oil companies. Because the need to decide how they want their fuels blending bio-alco-hol. Therefore, and necessary due investments before 2004 will begin with the alco-hol production Sudzucker. The know-how and the technical conditions has Sudzucker shopped with the recently acquired French subsidiary Saint Louis Sucre (SLS). The highly profitable SLS provides sugar alco-hol ago mortgage payment calculator (http://grupoalcarin.com/UserProfile/tabid/42/userId/31374/Default.aspx). Your customers are the producers of spirit drinks.
Analysts like the paper. According to Bloomberg data suggest eleven of twelve securities experts buying the stock. Only one advises to keep the value only. Analyst Joanna Speed Merrill Lynch justifies its recommendation to the good financial results of Sudzucker. “The core figures are supported by robust growth and the recent transactions of the company,” she declares.
Falling share prices are likely to have made investors painfully aware in the last few months. That shares not only offer opportunities but also involve risks. So it should not be surprising that many want to shun risky assets in the near future and want to build more on relatively safe assets.
Walks away from the fund industry. So expect at least the European money managers so that investment funds in the next twelve months are likely to flow into bond and money market funds, as in equity funds. This at least shows a survey by Morningstar end of June.
Thereafter, 41 percent of respondents mortgage payment calculator (https://adapt.nd.edu/members/3170) believe that pension funds in the coming months, would attract the most money. 29 percent believe in the attractiveness of equity products. In May, the ratio was still 15 amounted to 61 percent – in favor of equity funds.