May 28, 2008
Einbeck, May 28, 2008 - The seasonal business of the KWS SAAT AG seed company (ISIN: DE0007074007) has developed very positively in the 2008 sowing period. Sales and earnings forecasts were exceeded. In the first nine months of the 2007/2008 fiscal year, Group sales increased by around 13% to €483.6 million (previous year: €428.3 million). The operating result (EBIT) increased by 2.5% to €93.8 million (previous year: €91.5 million). A weaker than expected sugarbeet business was more than offset by higher corn, rapeseed and grain sales.