German sugar giant Suedzucker has revealed that sales for its current fiscal year are expected to climb to €4.8bn (US$4.18bn) from the €4.6bn reported for the previous business year.

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Suedzucker CEO Theo Spettmann commented during an interview with German newspaper Frankfurter Allgemeine Zeitung that higher market process and a favourable exchange rate with the US dollar should push up net income by one third to €275m.