Brief: KWS Confirms FY 2025/2025 Forecast
13/02/2025 06:03
Feb 13 (Reuters) - KWS SAAT SE & CO KGAA KWSG.DE :
* KWS PUBLISHES RESULTS FOR THE FIRST HALF OF 2024/2025 AND
CONFIRMS ITS FORECASTS
* NET SALES RISE BY 5%, IN PARTICULAR DUE TO EARLY SALES
* KEY EARNINGS INDICATORS NEGATIVE DUE TO SEASONALITY, CLEAR
IMPROVEMENT IN CASH FLOW
* ONE-TIME GAIN (AROUND EUR 100 MILLION AFTER TAXES) AND
SIGNIFICANTLY LOWER NET DEBT DUE TO BUSINESS DIVESTMENT IN SOUTH
AMERICA (Q1 2024/2025)
* FORECASTS FOR FISCAL YEAR 2024/2025 CONFIRMED
* H1 (EBITDA) DECLINED TO EUR -65.9 (-58.3) MILLION AND
EARNINGS
BEFORE INTEREST AND TAXES (EBIT) TO EUR -120.7 (-102.0) MILLION
Source text: ID:nEQ8QZWxja
Further company coverage: KWSG.DE
(Gdansk Newsroom)
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