EQS-News

KWS SAAT SE & Co. KGaA: KWS reports on successful fiscal year 2021/2022 and expects further growth

EQS-News: KWS SAAT SE & Co. KGaA / Key word(s): Annual Results KWS SAAT SE & Co. KGaA: KWS reports on successful fiscal year 2021/2022 and expects further growth 27.09.2022 / 07:00 CET/CEST The issuer is solely responsible for the content of this announcement.

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KWS reports on successful fiscal year 2021/2022 and expects further growth

• Sales increased significantly by more than 17% to EUR 1.54 billion
• Strong growth of EBITDA (+9%) and EBIT (+13%) 
• Net income and earnings per share at previous year's level
• Dividend proposal 2022: €0.80 (0.80) per share
• Forecast 2022/2023 (KWS Group):
  Sales increase of 7 – 9%, EBIT margin: 10 – 11%, R&D ratio: 18 – 20%

"Our strong growth in the past fiscal year once again underscores the attractiveness and resilience of our business model as an innovative seed company," commented Eva Kienle, CFO of KWS. "Despite considerable burdens from inflation-related cost increases, we were able to significantly increase our operating result. In the new financial year, we want to continue to grow and at the same time invest at a high level in research and development as a driver of sustainable innovation. In view of the existing geopolitical risks, increasing weather extremes and highly inflationary developments, however, we anticipate that the framework conditions for KWS will remain challenging."

Business development 2021/2022
The KWS Group's sales rose significantly by 17.5% to €1,539.5 (1,310.2) million.  Currency-related effects had only a minor overall impact on sales. EBITDA improved by 9.3% to €252.4 (230.9) million. The operating result (EBIT) rose by 13.2% to €155.1 (137.0) million. The EBIT margin reached 10.1% (10.5%). Net income of €107.8 (110.6) million and earnings per share of €3.27 (3.35) reached the previous year's level.

Key figures at a glance

in € millions		2021/22	2020/21	+/-
Net sales		1,539.5	1,310.2	17.5 %
EBITDA		252.4	230.9	9.3 %
EBIT		155.1	137.0	13.2 %
Net financial income/expenses		-16.9	5.2	-
Result of ordinary activities		138.1	142.2	-2.9 %
Income taxes		30.4	31.6	-3.8 %
Net income		107.8	110.6	-2.6 %
Earnings per share	in €	3.27	3.35	-2.6 %