KWS SAAT AG / Key word(s): Development of Sales 11.02.2013 17:47 Dissemination 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. --------------------------------------------------------------------------- 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. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: KWS SAAT AG 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: Regulierter Markt in Frankfurt (Prime Standard), Hannover; Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: KWS SAAT AG: American business boosts expectations for net sales and income for fiscal 2012/2013
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