Management Report - Nordzucker AG

Nordzucker
The Nordzucker group, one of the major producers of foodstuffs in the European
Union, together with its beet farmers are reliable suppliers of sugar and other
sweeteners, as well as products that are, in particular, intended for the feed industry.
Constant expansion of the Nordzucker product and service portfolio and the
required adjustment of all business activities to the expectations of industry and trade,
as well as those of the consumer, offer shareholders attractive returns on their invested
capital and farmers fair payment for their beets.
All operational activities are strictly focused on the specific requirements and expectations
of external and internal customers, supported by Nordzucker’s integrated
processes and a creative and flexible workforce. The criteria against which compliance
with these requirements are measured are reliability, speed and the costs involved.
The guiding principles for each employee are the achievement of reasonable and
long-term profits, the continuous generation of internal growth, and an increase of the
company’s market shares in its sphere of business.
The German Corporate Governance Code as well as compliance with all relevant
laws and regulations, a high level of food and feed quality and safety, responsible utilisation
of resources, continuous reduction and prevention of environmental pollution,
industrial safety and health protection are all integral elements of Nordzucker’s activities.
Error prevention and avoidance are in this context given particular priority.
The management assesses and evaluates all business activities as well as corporate
efficiency on a regular basis to initiate the required adjustments and thus safeguard
customer and shareholder satisfaction. The supervisory board surveys the operating
results and progress of business activities at defined intervals.
A qualified, highly committed and motivated workforce, which is paid on the
basis of performance, is the sound basis for a continuous improvement of all business
operations and the long-term and systematic development of the company within a
changing competitive situation.