DGAP-Adhoc

KWS SAAT SE anticipates expected EBIT for fiscal year 2014/15 to be at the level of previous fiscal year

KWS SAAT SE / Key word(s): Change in Forecast

01.09.2015 16:55

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Einbeck, September 1, 2015

Ad-hoc release pursuant to Section 15 of the German Securities Trading Act
(WpHG)

KWS SAAT SE anticipates expected EBIT for fiscal year 2014/15 to be at the
level of previous fiscal year

KWS SAAT SE (ISIN: DE0007074007) reports an increase in earnings (EBIT) for
the KWS Group's fiscal year ending June 30, 2015, from the previously
anticipated EUR127 million to around EUR138* million (previous year:
EUR138.4 million). As planned consolidated net sales will be at around
EUR1,260* million, giving an EBIT margin of approximately 11%. The increase
is due to positive trends in the fourth quarter (April 1 to June 30) of the
past fiscal year. Sugarbeet seed business in North America was recently
better than expected, for example. In addition, there were positive
exchange rate effects and lower counterparty defaults than anticipated
particularly in the Sugarbeet but also in the Corn Segment.

The company will publish the details in its Annual Report on October 15,
2015.

Overview of the guidance for the KWS Group

In EUR million         Anticipated net  Actual net  Anticipated   Actual
                       sales (e) for    sales in    EBIT (e) for  EBIT in
                       2014/2015        2013/2014   2014/2015     2013/2014
According to segment   Approx. 1,260    1,178.0     Approx. 138   138.4
reporting              (e)                          (e)
(management approach)
According to IFRS      Approx. 986 (e)  923.5       Approx. 113   118.3
statement of                                        (e)
comprehensive income
(application of IFRS
11 from July 1, 2014)

* Note: Application of the amendments to the International Financial
Reporting Standard from July 1, 2014, on means that the net sales and costs
of 50:50 joint ventures may no longer be carried in the KWS Group's
statement of comprehensive income. However, the guidance relates to the
total for the segments in accordance with our segment reporting, including
proportionate consolidation of our 50:50 joint ventures (management
approach).

Contact:
Wolf-Gebhard von der Wense
Head of Investor Relations
Phone [phone]
Mobile [phone]
[e-mail]

KWS SAAT SE
www.kws.de


01.09.2015 The DGAP Distribution Services include Regulatory Announcements,
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Language: English
Company: KWS SAAT SE
Grimsehlstraße 31
37555 Einbeck
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
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

End of Announcement DGAP News-Service

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