Ad-hoc | 6 September 2007 15:57
KWS SAAT AG / Final Results
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Ad hoc release – KWS SAAT AG reports sales and income above expectations
for fiscal 2006/2007.
Einbeck, September 6, 2007 – The financial statements being prepared by KWS
SAAT AG (ISIN: DE0007074007) for fiscal year 2006/2007, which ended on June
30, 2007, indicate that the KWS Group will post a sales volume of almost
€540 million (previous year: €505 million). As far as can be seen at
present, operating income (EBIT) will exceed the previous year’s figure
(€46.7 million) by approximately 35%; the same applies to the KWS Group’s
net income (previous year: €28.4 million).
A key reason for this is that seed returns were lower than normal for the
sector – in particular in the U.S. As a result, and despite the weak
exchange rate for the dollar, the Group’s earnings situation is better than
had been expected in May. The financial statements for KWS SAAT AG and the
KWS Group will be published on October 31, 2007.
Contact:
Georg Folttmann
Phone: +49 (0) 55 61 / 311-640
Mobile: +49 (0)173 / 2910520
g.folttmann@kws.com
06.09.2007 Financial News transmitted by DGAP
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Language: English
Issuer: KWS SAAT AG
Grimsehlstraße 31
37574 Einbeck
Deutschland
Phone: +49 (0)5561 311-0
Fax: +49 (0)5561 311-322
E-mail: info@kws.de
Internet: www.kws.de
ISIN: DE0007074007
WKN: 707400
Indices: S-DAX
Listed: Amtlicher Markt in Hannover; Geregelter Markt in Frankfurt
(General Standard); Freiverkehr in Berlin, Düsseldorf,
Stuttgart
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