Brief: KWS Saat SE & Co KGaA FY EBIT Rose 13% To EUR 150 Mln

KWS SAAT SE & Co KgaA

23/10/2019 06:37

Oct 23 (Reuters) - KWS SAAT SE & Co KgaA  KWSG.DE :
    * FY EBIT ROSE 13 PERCENT TO 150 MILLION EUR
    * DIVIDEND 0.67 EURPER SHARE
    * FY SALES ROSE 4.2 PERCENT TO 1.11 BILLION EUR
    * ACHIEVED A 4.2% INCREASE IN NET SALES TO EUR1.11 BILLION IN FISCAL 2018/2019
    * FORECAST FOR 2019/2020 FISCAL YEAR: STRONG INCREASE IN NET SALES PLANNED
    * EXECUTIVE BOARD EXPECTS KWS GROUP TO GROW NET SALES SIGNIFICANTLY BY 8% TO 12% IN 2019/20
    * EBIT MARGIN WILL BE BETWEEN 11% AND 13%, WHILE RESEARCH AND DEVELOPMENT INTENSITY IS
EXPECTED TO
BE IN RANGE OF 17% TO 19% FOR 2019/20

Source text for Eikon:  ID:nEQ1YgN4Ha 
Further company coverage:  KWSG.DE 

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