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KWS — KWS SAAT SE & Co KgaA News Story

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KWS falls after FY sales drop, margin narrows

BUZZ-KWS falls after FY sales drop, margin narrows

** Shares in German seed producer KWS SAAT KWSG.DE fall 7.8% in pre-market trade after FY 25/26 net sales fell 3% to €1.63 billion ($1.86 billion) missing IBES estimate of €1.68 bln, hit by lower sugarbeet and corn acreage

** KWS' FY EBITDA €343.1 mln misses IBES estimate of €356.2 mln with the adjusted EBITDA margin narrowing to 19.3% from 20.4%

** The company says negative FX effects of about €14 mln and a legal-risk provision in the mid-single-digit mln euro range weighed on EBITDA

** KWS expects FY 26/27 organic net sales growth of around 3% and an EBITDA margin of 19%-20%, assuming agricultural markets recover

** Up to the previous session's close, shares were up 14.6%​ YTD

($1 = 0.8752 euros)


(Reporting by Basile Day)

((Basile.day@thomsonreuters.com))

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