Group

Finance

Find all the information about Tereos Finance : Annual results, interim results and annual reports.

The Tereos Group’s consolidated revenues amounted to €4,987 million in 2017-2018, up 3.5% (4.8% at constant exchange rates) as a result of higher volumes and in spite of a fall in prices for sugar and ethanol.

The Group’s adjusted EBITDA (before price supplements) stood at €594 million in 2017-2018, a slight fall of €13 million, or 2% (2% at unchanged exchange rates),  compared to the previous year. The Group successfully restricted the impact of lower world sugar prices and sugar prices in Europe in the second half of the financial year as a result of higher sales volumes, profits from hedging operations and progress made through performance plans.

The contributions of the Sugar International and Starch and Sweeteners divisions to adjusted EBITDA accounted for over two thirds of the Group’s total, as it did last year.