27.08.2019 KWS SAAT SE & Co. KGaA  DE0007074007

DGAP-News: KWS SAAT SE & Co. KGaA: KWS issues promissory note loans in the amount of EUR 400 million


 

DGAP-News: KWS SAAT SE & Co. KGaA / Key word(s): Financing
KWS SAAT SE & Co. KGaA: KWS issues promissory note loans in the amount of EUR 400 million

27.08.2019 / 09:00
The issuer is solely responsible for the content of this announcement.


Einbeck (Germany), 27 August 2019

KWS SAAT SE & Co. KGaA successfully issued promissory note loans ("Schuldscheindarlehen") with a total volume of EUR 400 million. In view of the huge demand and the resulting oversubscription, the originally targeted volume was significantly exceeded.

The proceeds from the promissory notes serve both for general corporate financing and for the refinancing of the acquisition of the vegetable seed producer Pop Vriend Seeds, which was completed on 1 July 2019.

The volume is divided into fixed and variable tranches with maturities of five, seven and ten years. The average interest over all tranches is around 0.60% p.a. More than 100 investors participated in the promissory notes.

"We are pleased with the great interest of many investors, which we regard as a vote of confidence in our company," said Eva Kienle, CFO of KWS. "This successful financing supports the continuation of our profitable growth strategy and secures us favorable long-term interest rates."

The placement was accompanied by Commerzbank, Deutsche Bank, HSBC, and Landesbank Baden-Württemberg.

About KWS*
KWS is one of the world's leading plant breeding companies. In the fiscal year 2017/18 more than 5,000 employees in 70 countries generated net sales of EUR 1,068 million and earnings before interest and taxes (EBIT) of EUR 133 million. A company with a tradition of family ownership, KWS has operated independently for more than 160 years. It focuses on plant breeding and the production and sale of seed for corn, sugarbeet, cereals, rapeseed and sunflowers. KWS uses leading-edge plant breeding methods to increase farmers' yields and to improve resistance to diseases, pests and abiotic stress. To that end, the company invested approximately EUR 200 million last fiscal year in research and development.
* All indications excluding the results from the companies accounted for using the equity method AGRELIANT GENETICS LLC., AGRELIANT GENETICS INC. and KENFENG - KWS SEEDS CO., LTD.

For more information: www.kws.com. Follow us on Twitter(R) at https://twitter.com/KWS_Group.



27.08.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: KWS SAAT SE & Co. KGaA
Grimsehlstraße 31
37555 Einbeck
Germany
Phone: +49 (0)5561 311-0
Fax: +49 (0)5561 311-322
E-mail: [email protected]
Internet: www.kws.de
ISIN: DE0007074007
WKN: 707400
Indices: S-DAX
Listed: Regulated Market in Frankfurt (Prime Standard), Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 863175

 
End of News DGAP News Service

863175  27.08.2019 

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023
Umsatzerlöse1 1.068,01 1.113,34 1.282,55 1.310,23 1.539,52 1.819,80 1.900,00
EBITDA1,2 182,42 198,72 225,50 230,86 252,40 318,15 335,00
EBITDA-Marge3 17,08 17,85 17,58 17,62 16,40 17,48
EBIT1,4 132,56 149,99 137,37 137,03 155,06 222,76 239,00
EBIT-Marge5 12,41 13,47 10,71 10,46 10,07 12,24 12,58
Jahresüberschuss1 99,66 104,02 95,22 110,59 107,76 126,99 131,00
Netto-Marge6 9,33 9,34 7,42 8,44 7,00 6,98 6,90
Cashflow1,7 98,06 72,85 136,16 168,32 100,32 144,65 0,00
Ergebnis je Aktie8 3,02 3,15 2,89 3,35 3,27 3,85 3,96
Dividende8 0,64 0,67 0,70 0,80 0,80 0,90 0,64
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2022 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Ernst & Young

INVESTOR-INFORMATIONEN
©boersengefluester.de
KWS Saat
WKN Kurs in € Einschätzung Börsenwert in Mio. €
707400 62,800 Kaufen 2.072,40
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
13,08 17,88 0,73 20,14
KBV KCV KUV EV/EBITDA
1,64 14,33 1,14 8,29
Dividende '22 in € Dividende '23 in € Div.-Rendite '23
in %
Hauptversammlung
0,90 0,90 1,43 05.12.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
09.11.2023 08.02.2024 14.05.2024 27.09.2023
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
8,59% 18,74% 16,95% 9,22%
    
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Agrar , 707400 , KWS , XETR:KWS