KWS SAAT: Stellar Q3 2023/2024 Results Boost Full-Year Forecasts

• Sales for the first nine months of fiscal year 2023/2024 increased by 10% to EUR 1,360.4 million
• EBIT for the first nine months of fiscal year 2023/2024 increased by 48% to EUR 336.4 million
• The increase in sales and EBIT is mainly due to successful performance in the sugarbeet segment
• A one-time positive earnings contribution of approximately EUR 30 million resulted from the sale of the Chinese corn business
• Full-year sales forecast for 2023/2024 raised to an increase of 6 to 8%
• Full-year EBIT margin forecast for 2023/2024 raised to 15 to 17%

The next important date, Publication of quarterly report (as of Q3), at KWS SAAT is on 14.05.2024.

The price of KWS SAAT at the time of the news was 51,30EUR and was up +5,56 % compared with the previous day.
15 minutes after the article was published, the price was 52,80EUR this corresponds to a plus of +2,92 % since publication.
At this time, the index SDAX was at 14.436,37PKT (0,00 %).

KWS SAAT

-0,35 %

+1,97 %

+21,41 %

+18,44 %

-3,14 %

-28,48 %

-7,97 %

+10,16 %

+1.081,84 %

ISIN:DE0007074007WKN:707400

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