DGAP-News
Successful business performance for KWS - Full-year targets confirmed after end of the third quarter 2015/2016 - Seite 3
In view of the business performance so far in the first nine months, KWS
confirms the annual targets for the whole of fiscal year 2015/2016. Even in
a tough market environment where cultivation areas are falling, KWS will
largely be able to maintain or expand its market positions. Net sales are
therefore expected to grow by between 5% and 10%. An EBIT margin of at
least 10% is anticipated.
KWS will continue to promote product development. Expenditure on research &
development will therefore rise as planned and will be around 17% of net
sales. Capital expenditure will again exceed EUR100 million this fiscal
year, due to expansion of research and production structures and the
acquisition of trait technology in the first quarter.
(1) The figures in parentheses are those for the previous year.
(2) Incl. 50:50 joint ventures.
About KWS*
KWS is one of the world's leading plant breeding companies. In fiscal
2014/2015, 4,700 employees in 70 countries generated net sales of EUR 986
million and earnings before interest and taxes (EBIT) of EUR 113 million. A
company with a tradition of family ownership, KWS has operated
independently for some 160 years. It focuses on plant breeding and the
production and sale of seed for corn, sugarbeet, cereals, rapeseed and
sunflowers. KWS uses leading-edge plant breeding methods to continuously
improve yield and resistance to diseases, pests and abiotic stress. To that
end, the company invested EUR 174 million last fiscal year in research and
development, 17.7 percent of its net sales. For more information:
www.kws.com. Follow us on Twitter(R) at https://twitter.com/KWS_Group.
*All figures exclude the joint ventures AGRELIANT GENETICS LLC., AGRELIANT
GENETICS INC., GENECTIVE S.A.
Contact:
Wolf-Gebhard von der Wense
Head of Investor Relations
Phone +49 (0) 5561 311 968
Mobile +49 (0) 151 18 85 56 73
wolf-gebhard.vonderwense@kws.com
KWS SAAT SE
http://www.kws.com
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26.05.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: KWS SAAT SE
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
End of News DGAP News Service
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466711 26.05.2016
(2) Incl. 50:50 joint ventures.
About KWS*
KWS is one of the world's leading plant breeding companies. In fiscal
2014/2015, 4,700 employees in 70 countries generated net sales of EUR 986
million and earnings before interest and taxes (EBIT) of EUR 113 million. A
company with a tradition of family ownership, KWS has operated
independently for some 160 years. It focuses on plant breeding and the
production and sale of seed for corn, sugarbeet, cereals, rapeseed and
sunflowers. KWS uses leading-edge plant breeding methods to continuously
improve yield and resistance to diseases, pests and abiotic stress. To that
end, the company invested EUR 174 million last fiscal year in research and
development, 17.7 percent of its net sales. For more information:
www.kws.com. Follow us on Twitter(R) at https://twitter.com/KWS_Group.
*All figures exclude the joint ventures AGRELIANT GENETICS LLC., AGRELIANT
GENETICS INC., GENECTIVE S.A.
Contact:
Wolf-Gebhard von der Wense
Head of Investor Relations
Phone +49 (0) 5561 311 968
Mobile +49 (0) 151 18 85 56 73
wolf-gebhard.vonderwense@kws.com
KWS SAAT SE
http://www.kws.com
---------------------------------------------------------------------------
26.05.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: KWS SAAT SE
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
End of News DGAP News Service
---------------------------------------------------------------------------
466711 26.05.2016
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