Sugar

Sugar Group Cristal Union Secures €1bn Refinancing

France's second largest sugar and ethanol maker Cristal Union has announced a €1.0 billion refinancing agreement, which it said will give it some fina...

Associated British Foods Says Omicron Dented Primark Shopper Numbers

Associated British Foods has said that sales at its Primark fashion business over the 16 weeks to January 8 were up 36% versus last year on a constant curr...

Moody's Changes Outlook On Südzucker Baa3 Rating

Moody's Investors Service has changed its outlook on Südzucker's Baa3 rating to stable from negative, citing improvements in the group's underlying pr...

Tereos To Exit Malt Business, Eyes Romanian Sugar Unit Closure

Tereos has sealed an agreement with grain cooperative Axereal to sell its stake in their malt business and is consulting unions on a plan to close its suga...

Südzucker Reports 'Significant' Improvement In Performance In Nine-Month Period

Sugar producer Südzucker AG has reported what it described as a 'significant improvement' in performance in the first nine months of its financial yea...

Tereos To Issue New €300m Bond To Repay Some Debt

Tereos subsidiary Tereos Finance Groupe I is to issue €300 million in senior unsecured notes, subject to market conditions, to repay some of its debt.

US Candy Cane Makers Hit By Sugar Shortage, Twisted Supply Chain

Candy makers, like retailers and farmers, have been slammed during the pandemic with high commodity prices, labour shortages, and transportation and supply...

Primark Trading 'Ahead Of Expectations', Says Associated British Foods

Associated British Foods has said that trading to date at its Primark fashion business has been ahead of expectations in its new financial year, with impro...