Ad hoc release according to § 15 WpHG (September 1, 2015)

September 1, 2015

Ad hoc announcement according to § 15 WpHG

KWS SAAT SE reports an increase in earnings expectations for the 2014/2015 fiscal year and is expected to reach the previous year’s level

KWS SAAT SE (ISIN: DE0007074007) reports an increase in profit (EBIT) for the fiscal year of the KWS Group, which ended on June 30, 2015, from the initially expected €127 million to approximately €138* (previous year 138.4) million. The Group revenue will amount to approximately €1.26* billion, as planned. This corresponds to an EBIT margin of approximately 11%. The background to this is provided by the positive developments in the fourth quarter (April 1 to June 30) of the previous fiscal year. The North American sugarbeet seed business was better than expected. Furthermore, the sugarbeet segment and the corn segment also experienced positive exchange rate effects and reduced bad debt losses.

The company published the details in the Annual Report on October 15, 2015

Forecast overview of the KWS Group

in € million Expected revenue €
2014/2015 		ACTUAL revenue
2013/2014 		EBIT - target €
2014/2015 		EBIT - ACTUAL
2013/2014
According to segment reporting
(Management approach) 		Ca. €1,260 1,178.0 Ca. €138 138.4
According to the IFRS statement of comprehensive income
(Application of IFRS 11 of July 1, 2014) 		Ca. €986 923.5 Ca. €113 118.3

*Note: By applying the changes of the International Financial Reporting Standard from July 1, 2014 onwards, the revenue and the costs of the 50:50 joint ventures may no longer be displayed in the comprehensive income statement of the KWS Group. However, the forecast refers to the sum of segments in accordance with our segment reporting, including the proportionate consolidation of our 50:50 joint ventures (Management approach)

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