KWS SAAT SE / Key word(s): Change in Forecast 01.09.2015 16:55 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Einbeck, September 1, 2015 Ad-hoc release pursuant to Section 15 of the German Securities Trading Act (WpHG) KWS SAAT SE anticipates expected EBIT for fiscal year 2014/15 to be at the level of previous fiscal year KWS SAAT SE (ISIN: DE0007074007) reports an increase in earnings (EBIT) for the KWS Group's fiscal year ending June 30, 2015, from the previously anticipated EUR127 million to around EUR138* million (previous year: EUR138.4 million). As planned consolidated net sales will be at around EUR1,260* million, giving an EBIT margin of approximately 11%. The increase is due to positive trends in the fourth quarter (April 1 to June 30) of the past fiscal year. Sugarbeet seed business in North America was recently better than expected, for example. In addition, there were positive exchange rate effects and lower counterparty defaults than anticipated particularly in the Sugarbeet but also in the Corn Segment. The company will publish the details in its Annual Report on October 15, 2015. Overview of the guidance for the KWS Group <pre> In EUR million Anticipated net Actual net Anticipated Actual sales (e) for sales in EBIT (e) for EBIT in 2014/2015 2013/2014 2014/2015 2013/2014 According to segment Approx. 1,260 1,178.0 Approx. 138 138.4 reporting (e) (e) (management approach) According to IFRS Approx. 986 (e) 923.5 Approx. 113 118.3 statement of (e) comprehensive income (application of IFRS 11 from July 1, 2014) </pre> * Note: Application of the amendments to the International Financial Reporting Standard from July 1, 2014, on means that the net sales and costs of 50:50 joint ventures may no longer be carried in the KWS Group's statement of comprehensive income. However, the guidance relates to the total for the segments in accordance with our segment reporting, including proportionate consolidation of our 50:50 joint ventures (management approach). Contact: Wolf-Gebhard von der Wense Head of Investor Relations Phone +49 (0)5561/311 968 Mobile +49 (0)151 18 85 56 73 investor.relations@kws.com KWS SAAT SE www.kws.de 01.09.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: KWS SAAT SE GrimsehlstraÃe 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: Regulated Market in Frankfurt (Prime Standard), Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: KWS SAAT SE anticipates expected EBIT for fiscal year 2014/15 to be at the level of previous fiscal year
| Source: EQS Group AG