French sugar group Tereos posts fresh loss on low prices
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PARIS (Reuters) - French sugar group Tereos posted a loss of 21 million euros (£18 million) in the first half of 2019/2020, mainly hurt by low global and European sugar prices, but said the second quarter had improved on the year.Tereos, among the world's largest sugar makers, reported a net loss of 96 million euros in the year earlier period as global sugar prices fell amid heavy oversupply.Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) fell to 111 million..