Put companies on watchlist
KWS SAAT SE & Co. KGaA
ISIN: DE0007074007
WKN: 707400
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

KWS SAAT SE & Co. KGaA · ISIN: DE0007074007 · EQS - adhoc news (45 News)
Country: Germany · Primary market: Germany · EQS NID: 1418841
11 August 2022 01:58PM

KWS SAAT SE & Co. KGaA: KWS is growing faster than expected in the 2021/2022 fiscal year and is announcing preliminary figures


DGAP-Ad-hoc: KWS SAAT SE & Co. KGaA / Key word(s): Preliminary Results
KWS SAAT SE & Co. KGaA: KWS is growing faster than expected in the 2021/2022 fiscal year and is announcing preliminary figures

11-Aug-2022 / 13:58 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Publication of insider information in accordance with Article 17 of EU-Regulation 596/2014
KWS SAAT SE & Co. KGaA (ISIN DE0007074007)

KWS is growing faster than expected in the 2021/2022 fiscal year and is announcing preliminary figures

Einbeck (Germany), August 11, 2022 – Based on preliminary and unaudited results for the 2021/2022 financial year, sales increased by around 17% to around EUR 1.54 billion at an EBIT margin* of around 10%. This corresponds to a significant increase in EBIT compared to the previous year (EUR 137.0 million). KWS had recently forecast an increase in sales of 10% with an EBIT margin of 8-9%.

Significantly increased demand for seeds in the United States, Brazil and Europe as well as positive currency effects in the fourth quarter of the financial year made a significant contribution to the development mentioned. Against the background of an expected decline in the financial result, the net income for the year is expected to be at the previous year's level (EUR 110.6 million).

The publication of the 2021/2022 annual report including the dividend proposal and the forecast for the 2022/2023 financial year is planned for September 27, 2022. In view of the current developments on the global agricultural markets, KWS is currently assuming sustained growth in the new fiscal year.

* “EBIT Margin” (in %) equals operating income before interest and taxes divided by revenues

 

Notifying person:
Peter Vogt
Head of Investor Relations
Phone : +49-30 816914490
investor.relations@kws.com

KWS SAAT SE & Co. KGaA
www.kws.com

 


11-Aug-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: KWS SAAT SE & Co. KGaA
Grimsehlstraße 31
37555 Einbeck
Germany
Phone: +49 (0)5561 311-0
Fax: +49 (0)5561 311-322
E-mail: info@kws.com
Internet: www.kws.de
ISIN: DE0007074007
WKN: 707400
Indices: S-DAX
Listed: Regulated Market in Frankfurt (Prime Standard), Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1418841

 
End of Announcement DGAP News Service

1418841  11-Aug-2022 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1418841&application_name=news&site_id=boersengefluester_html
Visual performance / price development - KWS SAAT SE & Co. KGaA
Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.


The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.

If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.

For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.


1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.