EQS-News: KWS successfully concludes fiscal 2022/2023 and exceeds its sales and earnings guidance – Further growth anticipated
That was attributable to negative contributions to earnings from the joint ventures in North America and China, while earnings increased in Europe and Brazil.
- That was attributable to negative contributions to earnings from the joint ventures in North America and China, while earnings increased in Europe and Brazil.
- The strong expansion of business is attributable to the market success of innovative KWS varieties (CONVISO® SMART and CR+).
- The segment’s income was €253.4 (195.0) million thanks to the positive net sales trend and was likewise significantly above the previous year’s figure.
- Net sales in the Cereals Segment increased by 19.1% to €257.8 (216.4) million, mainly due to buoyant growth in oilseed rape, wheat and rye seed.