Kws Saat Se & Co Kgaa · XETR:KWS
Kws Saat Se & Co Kgaa — 9M 2020/2021 Earnings Presentation
11 slides from Kws Saat Se & Co Kgaa's earnings presentation, May 12, 2021
Slide 1: Analyst & Investor Call 9M 2020/2021
Analyst & Investor Call 9M 2020/2021 Eva Kienle (CFO) KWS SAAT SE & Co. KGaA May 12, 2021
Slide 2: Cautionary Statements Regarding Forward-Looking Information
Cautionary Statements Regarding Forward-Looking Information This document contains certain forward-looking statements relating to the business, financial performance and results of KWS SAAT SE & Co. KGaA and/or its subsidiaries and/or the industry in which KWS SAAT SE & Co. KGaA and its subsidiaries
Slide 3: Overview 9M 2020/2021 financial results
Overview 9M 2020/2021 financial results in € million 9M 2020/2021 9M 2019/2020 +/- Net sales 1,071.3 1,012.5 5.8% EBITDA 260.4 247.4 5.3% EBIT 193.4 184.3 4.9% Net financial income/expenses -7.6 6.0 - Result of ordinary activities 185.9 190.2 -2.2% Income taxes 49.6 52.3 -5.1% Net income for the per
Slide 4: Strong operating sales performance vs. significant currency headwind
Strong operating sales performance vs. significant currency headwind Sales Development in € million +77 +5 -27 +2 1.146 -32 -11 -9 -8 +76 -15 1.071 1.012 9M 2019/20 Corn Sugarbeet Cereals Vegetables Corporate 9M 2020/21 BRL TRY UAH USD Others 9M 2020/21 (w/o FX) Currency adjusted sales growth: + 13%
Slide 5: Segment development - Corn
Segment development - Corn Corn Q1-Q3 2020/2021 -0.8% ▪ Currency adjusted growth: +9% 607 603 ▪ Operational growth driven by European and Latin American markets ▪ Strong volume increase (+50%) in Brazil due to higher acreage and market share gains ▪ U.S. Joint Venture sales (AgReliant) below -2.5% p
Slide 6: Segment development - Sugarbeet
Segment development - Sugarbeet Sugarbeet Q1-Q3 2020/2021 ▪ Segment sales increased by 14% due to earlier +14.2% deliveries and success of new varieties 425 372 ▪ Ongoing market penetration with CONVISO® SMART technology ▪ First sales of high-yielding Cercospora-resistant +4.7% varieties (CR+) 164 1
Slide 7: Segment development - Cereals
Segment development - Cereals Cereals Q1-Q3 2020/2021 -0.2% ▪ Currency adjusted growth: +3% driven by wheat, 177 177 rapeseed and barley ▪ Hybrid rye sales at previous year’s level ▪ Segment EBIT down to € 44m (47m) -6.3% Outlook FY 2020/2021 (unchanged compared to Q2): 47 44 ▪ Sales at previous yea
Slide 8: Segment development - Vegetables
Segment development - Vegetables Vegetables Q1-Q3 2020/2021 -40.8% ▪ Significant decline in spinach sales especially in 65 U.S. market due to COVID-19 pandemic ▪ Strong growth in bean sales -71.8% 39 ▪ Acquisition of small tomato breeding company 23 (Geneplanta, Italy) Outlook FY 2020/2021 (unchange
Slide 9: Segment development - Corporate
Segment development – Corporate* Corporate* Q1-Q3 2020/2021 ▪ Sales mainly from farming activities 5 ▪ Improved segment results due among others to 3 pandemic-related cost savings and special items Outlook FY 2020/2021 (unchanged compared to Q2): Net sales ▪ Improved EBIT -75 -82 EBIT in € million *
Slide 10: Forecast FY 2020/2021
Forecast FY 2020/2021 Forecast as at Forecast as at Fiscal year May 12, 2021 (9M) Oct 23, 2020 (FY) 2019/2020 Net sales growth On previous year´s level On previous year´s level € 1,283 m EBIT margin* Upper range of 11 – 13% 11 – 13% 13.3% 10 KWS SAAT SE & Co. KGaA *w/o PPA effects from acquisition o
Slide 11: Q&A Session
Analyst & Investor Call 9M 2020/2021 Q&A Session KWS SAAT SE & Co. KGaA May 12, 2021
KWS SAAT SE & Co. KGaA — 9M 2020/2021 Earnings Presentation on 6ix