KWS SAAT SE & Co. KGaA provided earnings guidance for the 2021/2022 fiscal year. For the year, the company expects sales increased by around 17% to around EUR 1.54 billion at an EBIT margin of around 10%.

This corresponds to a significant increase in EBIT compared to the previous year (EUR 137.0 million). KWS had recently forecast an increase in sales of 10% with an EBIT margin of 8-9%. Against the background of an expected decline in the financial result, the net income for the year is expected to be at the previous year's level (EUR 110.6 million).