Brief: KWS Saat 9-month Net Income At EUR 135.2 Million

KWS SAAT SE & Co KgaA

12/05/2022 06:08

May 12 (Reuters) - KWS SAAT SE & Co KgaA  KWSG.DE :
    * DGAP-NEWS: KWS PUBLISHES RESULTS FOR THE FIRST NINE MONTHS
OF
FISCAL YEAR 2021/2022
    * INCREASED ITS SALES BY AROUND 13% IN FIRST NINE MONTHS OF
FISCAL
2021/2022
    * 9 MONTH NET SALES AT EUR 1,213.7 MILLION
    * 9 MONTH EBITDA AT EUR 254.0 MILLION
    * 9 MONTH EBIT AT EUR 185.9 MILLION
    * 9 MONTH NET INCOME AT EUR 135.2 MILLION
    * 9 MONTH AT EUR -84.0 (-27.6) MILLION, FREE CASH FLOW WAS
BELOW
PREVIOUS YEAR'S FIGURE DUE TO INCREASE IN WORKING CAPITAL
    * NOW ASSUMES THAT ITS NET SALES WILL GROW BY APPROXIMATELY
10%
(PREVIOUSLY: 6% TO 8%) FOR 2021/22 FY
    * EBIT MARGIN OF 8% TO 9% IS STILL ANTICIPATED

Source text for Eikon:  ID:nEQKvhD3a 
Further company coverage:  KWSG.DE 

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