Nordzucker Post 01/2021 - 28 January 2021

Lars Gorissen: On a good way

Dear readers,

The campaign in almost all countries has ended and we have achieved good yields! Sugar beet once again proved its potential in the past cultivation year. After a dry summer, late rainfall led to significant yield growth. At the same time, the sugar market in the EU remained stable despite a drop in demand as a result of Corona, meaning that prices were also better than in the previous year. 

Sugar beet continue to play an important role for farms. To support this, we are continuing our Group-wide initiatives under the title “Smart Beet Initiative” to research and test environmentally friendly cultivation methods with reduced and suitably dosed use of fertilizers and crop protection products. 

It is important and very positive that the company’s employees have so far succeeded in “keeping business running” under the increased Corona-related hygiene and health requirements. And not only that, the company is also succeeding in achieving a good result in the current fiscal year. The close of the third quarter already indicates this.

Of course, we will continue to pay special attention to our health and that of our neighbors this year. That is our top priority. At the same time, we are pushing ahead with our issues for the future. Saving energy and CO₂ emissions is on our minds in our Go Green project for the future, as is the Smart Beet initiative for sustainable, successful beet cultivation and safeguarding against the yellowing virus. 

With a positive result, good beet prices and a return to dividend capability, we are on the right track in our proven partnership with our farmers and shareholders and will continue to do so for the successful development of Nordzucker as THE Sugar Company.

I wish you an informative reading of the Nordzucker Post.

Yours 
Lars Gorissen