The seed manufacturer KWS Saat expects further growth with increasing profitability. Sales are expected to increase by 7 to 9 percent in the 2022/23 financial year (June 30) on a comparable basis, i.e. without currency and portfolio effects, as the SDax-listed company announced on Tuesday when it presented the detailed figures for 2021/22 . KWS thus specified the previous sales forecast, in which the company had announced growth without precise information.
Accordingly, sales increased by 17.5 percent to 1.54 billion euros, while the EBIT margin fell by 0.4 percentage points to 10.1 percent. The bottom line is that profits fell by 2.6 percent to just under 108 million euros. The dividend should remain stable at 80 cents.