KWS Saat Se & Co KGaA · XETR:KWS
KWS Saat Se & Co KGaA — 9M 2022/2023 Earnings Presentation
10 slides from KWS Saat Se & Co KGaA's earnings presentation, May 11, 2023
Slide 1: Analyst & Investor Call 9M 2022/2023
Analyst & Investor Call 9M 2022/2023 Eva Kienle (CFO) KWS SAAT SE & Co. KGaA May 11, 2023 1 KWS SAAT SE & Co. KGaA 05/11/2023
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: Strong performance in favorable agricultural environment
Strong performance in favorable agricultural environment ▪ Sales up by 25% due to growth in all product segments ▪ EBIT increased 40% despite continued inflationary pressure ▪ Improved 2022/23 outlook for sales and EBIT margin ▪ Agricultural commodity prices have eased, but still provide attractive
Slide 4: Overview 9M 2022/2023 financial results
Overview 9M 2022/2023 financial results in € million 9M 2022/2023 9M 2021/2022 +/- Sales 1,514.0 1,213.7 24.7% EBITDA 334.8 254.0 31.8% EBIT 261.2 185.9 40.5% Financial result -18.7 -0.8 - Earnings before taxes 242.5 185.2 30.9% Taxes 64.3 50.0 28.6% Net income 178.2 135.2 31.8% Earnings per share 5
Slide 5: Corn Segment
Corn Segment 9M 2021/2022 9M 2022/2023 +25% 901 723 Q1-Q3 2022/2023 ▪ Significant sales expansion in Brazil due to higher prices ▪ Strong growth in Europe throughout all regions ▪ U.S. Joint Venture (AgReliant) shows flat sales development despite price increases +28% ▪ Segment EBIT significantly up
Slide 6: Sugarbeet Segment
Sugarbeet Segment 9M 2021/2022 9M 2022/2023 +25% 551 Q1-Q3 2022/2023 ▪ Another record year ahead for Sugarbeet business 441 ▪ Significant sales increase of 25% reflects strong growth +20% of innovations such as CONVISO® SMART and CR+, but also benefitted from seasonal phasing 162 195 ▪ Further signi
Slide 7: Cereals Segment
Cereals Segment 9M 2021/2022 9M 2022/2023 +20% Q1-Q3 2022/2023 241 ▪ Sales growth of 20% mainly due to strong rapeseed, 200 wheat and rye business ▪ Sorghum sales significantly up; barley on previous +35% year’s level ▪ Segment EBIT up by 35% to € 72m (54m) driven by 72 54 sales and favorable produc
Slide 8: Vegetables Segment
Vegetables Segment 9M 2021/2022 9M 2022/2023 Q1-Q3 2022/2023 +32% ▪ Vegetables business returning to growth path as demand normalizes 46 ▪ Significant increase in spinach seed sales to U.S. and 35 China ▪ Underlying business profitability improved, offset by 10 increasing R&D spend on new crop portf
Slide 9: Forecast for FY 2022/2023
Forecast for FY 2022/2023 Forecast as at Half-yearly report Fiscal year May 11, 2023 (9M) February 09, 2023 2021/2022 Net sales growth upper end of 13-15% 13-15% € 1,540 m EBIT margin 11-12% 10-11% 10.1% R&D quota 18-19% 18-20% 18.6% 9 KWS SAAT SE & Co. KGaA 05/11/2023
Slide 10: Q&A Session
Analyst & Investor Call 9M 2022/2023 Q&A Session KWS SAAT SE & Co. KGaA May 11, 2023 10 KWS SAAT SE & Co. KGaA 05/11/2023
KWS SAAT SE & Co. KGaA — 9M 2022/2023 Earnings Presentation on 6ix