KWS Reports Stable Business amidst Market Challenges

KWS SAAT AG has reported stable business performance despite lower acreage for corn and sugarbeet in the first nine months of fiscal year 2024/2025. Net sales remain at €1.344 billion, slightly lower than the previous year. However, KWS achieved a higher gross margin of 63.4%, thanks to an improved product mix. The company's strong sugarbeet segment, boosted by sustainable product innovations, showed continued growth and high profitability.

The Group’s EBIT margin, impacted by certain one-off effects, stands at 21.2%. Significant reduction in net debt and improved free cash flow were highlights for the period. In segment-specific results, the sugarbeet segment posted slight sales growth, while the corn segment faced challenges from reduced acreage in Europe.

Annual forecasts have been adjusted due to these developments, with KWS's EBIT margin expected to align within the middle of the predicted range. Continued investments in research and development are anticipated to strengthen KWS’s future market position.