Brief: KWS Saat FY Earnings After Tax At EUR 127.0 Mln

KWS SAAT SE & Co KgaA

27/09/2023 06:06

Sept 27 (Reuters) - KWS SAAT SE & CO KGAA  KWSG.DE :
    * FY EBITDA: +26% TO EUR 318.2 MILLION (ADDS MILLION)
    * FY NET SALES RISE BY 18% TO EUR 1.82 (1.54) BILLION ON THE
BACK
OF ORGANIC GROWTH
    * DIVIDEND RAISED TO EUR 0.90 (0.80) PER SHARE
    * FY EBIT: +44% TO €222.8 (155.4) MILLION
    * FY FREE CASH FLOW INCREASES TO EUR 44.5 (9.5) MILLION
    * FY EARNINGS AFTER TAX AT EUR 127.0 MILLION
    * OUTLOOK 2023/24 :  EXPECTS TO ACHIEVE AN EBIT MARGIN
BETWEEN 11%
AND 13%
    * EXPECTS TO GROW ITS NET SALES BY 3% TO 5% (ON A COMPARABLE
BASIS
EXCLUDING EXCHANGE RATE AND PORTFOLIO EFFECTS)
    * OUTLOOK 2023/24 :  THE RESEARCH AND DEVELOPMENT INTENSITY
IS
EXPECTED TO BE IN THE RANGE OF 18% TO 19%

Further company coverage:  KWSG.DE 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))