Kws Saat Se & Co Kgaa · XETR:KWS

Kws Saat Se & Co Kgaa — FY2024/2025 Earnings Presentation

18 slides from Kws Saat Se & Co Kgaa's earnings presentation, Sep 25, 2025

  1. Slide 1: Analyst & Investor Call FY 2024/2025

    Analyst & Investor Call FY 2024/2025 Dr. Jörn Andreas (CFO)

  2. 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

  3. Slide 3: KWS reports successful financial year 2024/2025

    KWS reports successful financial year 2024/2025  Robust operating performance in challenging market environment  Strong financial performance Net debt and free cashflow clearly improved  Strategic alignment completed Corn segment reshaped  New financial framework Sets future course for profitabl

  4. Slide 4: FY 2024/2025: Group performance overview

    FY 2024/2025: Group performance overview* Net sales (€ m) EBITDA (€ m) Net income (€ m) 1,677 (1,678) 350.5 (404.9) 140.0 (184.1) Impacted by one-time effects in PY Driven by EBITDA reduction and +1.0 % organic growth; (CN sale) and higher functional costs higher tax rate; finance result FX: -1.1 %

  5. Slide 5: FY 2024/2025: Slight organic growth despite headwinds

    FY 2024/2025: Slight organic growth despite headwinds Net sales Key developments in € m  Total sales on previous year‘s level despite acreage decline +1.0 % -1.1 % in Europe 17 -0.1 %  Organic growth +1.0 % driven by -18 0 Sugarbeet and Vegetables  Slightly exceeding latest sales outlook („~0 % g

  6. Slide 6: Income statement FY 2024/2025

    Income statement FY 2024/2025 FY 2023/2024 FY 2024/2025 Δ% yoy Comments EBITDA 404.9 350.5 -13.4  EBIT & EBITDA: impacted by EBIT 302.0 247.6 -18.0 one-time items in CY and PY Thereof: reversal of VAT provision -7.7 +7.7  Robust operating profitability at Thereof: Sale of CN corn business +28.1 -

  7. Slide 7: Sugarbeet segment

    Sugarbeet segment Sales development Segment performance +2.2 % -1.6 %  Organic growth +2.2 % despite +0.6 % global acreage decline of 3 % 18 -14  Innovations CONVISO® SMART and CR+ drive business performance and account for 865 872 61 (56) % of sales  Roll-out of combination varieties in several

  8. Slide 8: Corn segment

    Corn segment Sales development Segment performance -1.6 % -1.1 %  Sale of South American corn -11 -2.7 % business accounted as -8 „discontinued operation“  AgReliant’s operating 702 performance (pro rata) and book 683 value adjustment (€ 20.7m) still reported in corn segment (last time)  Organic

  9. Slide 9: Cereals segment

    Cereals segment Sales development Segment performance  Sales decrease by 4.5 % in line -4.5 % -0.1 % with expectations -4.6 % -13 0  Hybrid rye (38 % of sales): -5 % due to weak commodity prices; decline in core markets 276 D and PL, increase in CAN 263  Oilseed rape (31 % of sales): -4 % mainly

  10. Slide 10: Vegetables segment

    Vegetables segment Sales development Segment performance +15.8 % +0.4% +16.2%  Strong sales increase of 16 % primarily in spinach business 10 0  Spinach (67 % of sales): growth in all markets (NA, EU, Asia) due to enhanced commercial 62 program 72  Beans (26 % of sales): on previous year’s level

  11. Slide 11: Significant improvement in free cashflow

    Source: SAP February 2024 Significant improvement in free cashflow Cashflows (Continuing Business) Key developments in € m  Free cashflow more than doubled compared Operating cashflow Investing cashflow Free cashflow  Positive development in operating cashflow driven by Net Working Capital  Reduc

  12. Slide 12: Net debt down to 0.2x EBITDA

    Net debt down to 0.2x EBITDA Net debt development Key developments in € m  Net debt signficantly improved to € 62m or 0.2x EBITDA  Operating performance of continuing business activities (EBITDA) and proceeds from M&A (primarily sale of South 120 American corn business) are main drivers of improve

  13. Slide 13: Strategic realignment of corn segment completed

    Strategic realignment of corn segment completed Corn segment before Corn segment today FY 2022/2023 FY 2025/2026 North & South America (GMO markets) Other Divestiture steps €1.05bn 2023: China JV ~€ 450m 2024: South America (GMO) Net sales Net sales 2025: North America JV (GMO) EU-27 Other EU-27 8.6

  14. Slide 14: Following a clear strategic framework for profitable, sustainable growth

    Following a clear strategic framework for profitable, sustainable growth Strategy & targets 3–5% Organic sales growth 19 – 21 % EBITDA margin 25 – 30 % Dividend payout ratio S u s t a i n a b i l i t y A m b i t i o n 2 0 3 0 Lead Build Advance in field crops & businesses for long-term growth trait

  15. Slide 15: New dividend policy accelerates dividend growth

    New dividend policy accelerates dividend growth Dividend development New dividend policy in € per share  Increased dividend payout of 1.25 € 25–30 % of adjusted net income 1.00 €  Clear commitment to maintain dividend contininuity 0.90 € 0.80 € 0.80 €  € 1.25 per share represents significant incr

  16. Slide 16: Forecast 2025/2026: moderate growth at sustained profitability

    Forecast 2025/2026: moderate growth at sustained profitability Forecast FY 2025/2026  In line with mid-term growth target of 3-5 % Organic sales growth ~3%  Reflecting commodity weakness and expected decline in RUS business  In line with mid-term financial ambition of EBITDA margin 19 – 21% 19-21

  17. Slide 17: Capital Markets Day

    Save the date! Capital Markets Day November 18, 2025  Einbeck & virtual  Full-day program with KWS management team  On-site tours on innovation and sugarbeet

  18. Slide 18: Analyst & Investor Call FY 2024/25 Q&A session

    Analyst & Investor Call FY 2024/25 Q&A session

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