WORLD NEWS

The German producer reported a €24 million operating EBITDA loss in its sugar segment, while group operating EBITDA rose to €303 million in the first half.

Lower ending stocks, rising domestic prices and weather-related cane losses could tighten India’s sugar supply, prompting duty-free imports and restrictions on bulk buyers.

The Australian wine producer is reducing its brand portfolio from 76 to fewer than 30 as it targets a return to profitability by fiscal 2028.

Remaining shareholders will receive €31.85 per share plus statutory interest, with untransferred shares moving through the Dutch squeeze-out process.

Strong international snack sales, including 11% volume growth in Asia-Pacific, helped offset weaker North American beverage demand and ongoing margin pressures.