sur KWS SAAT AG (ETR:KWS)
KWS Reports Strong First Half of 2024/2025 Despite Seasonal Challenges
KWS SAAT AG has released its financial results for the first half of the 2024/2025 fiscal year, recording a 5% increase in net sales, attributed mainly to early sales in the Sugarbeet Segment. Despite positive sales growth, the company's key earnings indicators remained negative due to seasonal factors.
A significant one-time gain of approximately €100 million after taxes and reduced net debt, resulting from the divestment of its South American business, marked a notable improvement in cash flow. The sale of the South American corn and sorghum business was a substantial contributor to this financial development.
Executive forecasts for the fiscal year 2024/2025 have been reaffirmed, projecting net sales growth of 2% to 4% and an EBIT margin between 14% and 16%. The company's equity ratio rose to 54.2%, with net debt falling significantly.
R. H.
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