DGAP-Adhoc: KWS SAAT AG: American business boosts expectations for net sales and income for fiscal 2012/2013


KWS SAAT AG  / Key word(s): Development of Sales

11.02.2013 17:47

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Ad-hoc release pursuant to Section 15 of the German Securities Trading Act
(WpHG), February 11, 2013

American business boosts expectations for net sales and income at KWS SAAT
AG for fiscal 2012/2013

Einbeck, February 11, 2013 - KWS SAAT AG (ISIN: DE0007074007) is raising
its net sales and income guidance for the fiscal year ending June 30, 2013.
Following excellent cereals business in the first quarter, it appears that
sales of corn and sugarbeet will also be above expectations. The Executive
Board now expects the KWS Group to achieve net sales of approximately
EUR1,140 million (previous year: EUR986 million), about EUR60 million above
the previous forecast. Operating income (EBIT) is expected to be at the
level of the previous year (EUR140 million), yielding an EBIT margin of
just over 12% compared with the previous year's 14.3%, a figure that had
been favorably impacted by special effects. The company will publish
details in its semiannual report on February 26, 2013.

'It looks like the KWS Group will be able to achieve operational growth of
just over 15%. The growing demand for grain corn remains unbroken
worldwide. We are benefiting from that in just about all regions thanks to
our outstanding new developments. The current level of sugarbeet seed
orders in North America is also clearly higher than planned,' said Dr.
Hagen Duenbostel, the company's Chief Financial Officer.

Contact:
Georg Folttmann
Phone: +49 (0)55 61 / 311-640
Mobile: +49 (0)173 / 29 10 520
georg.folttmann@kws.com


11.02.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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Language:     English
Company:      KWS SAAT AG
              Grimsehlstraße 31
              37555 Einbeck
              Germany
Phone:        +49 (0)5561 311-0
Fax:          +49 (0)5561 311-322
E-mail:       info@kws.com
Internet:     www.kws.de
ISIN:         DE0007074007
WKN:          707400
Indices:      S-DAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard), Hannover;
              Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
              Stuttgart
 
End of Announcement                             DGAP News-Service
 
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