As part of the preparation of the Annual financial accounts of KWS SAAT AG (ISIN: DE0007074007) for the 2006/2007 fiscal year, which ended on June 30, 2007, the KWS Group sales volume is just under €540 (prev. year 505) million. According to the current state of knowledge, the operating result (EBIT) will exceed the previous year’s result (€46.7 million) by approx. 35%. The same applies to the net income of the KWS Group (previous year: €28.4 million). The main reason for this development is a reduced level of industry-standard seed returns, especially in the USA. Despite a weak dollar, the earnings situation is better than expected in May. The Annual financial accounts for KWS SAAT AG and KWS Group will be published on October 31, 2007.
