Südzucker International Finance B. V. Südzucker AG ... - Xetra

Recommendation on appropriation of profitsThe executive board and supervisory board willrecommend an increase in the dividend from D 0.47per share to D 0.50 per share to the annual generalmeeting on July 31, 2003; this is in line withSüdzucker’s results-related dividend policy. Theamount to be distributed will thus rise by D 5.2million, from D 82.2 million to D 87.4 million. Thedividend will be paid on August 1, 2003 and hencesome three weeks earlier than last year.Outlook for 2003/04With low world-market prices, a weak dollar andunstable development of eastern European sugarmarkets before entry to the EU, the sugarenvironment for 2003/04 will be difficult. Weconsider that there will be a weaker operating profit,whereby we reckon with higher net earnings for theyear.F-53