16.12.2020 KWS SAAT SE & Co. KGaA  DE0007074007

DGAP-News: KWS SAAT SE & Co. KGaA: KWS' Annual Shareholders' Meeting adopts a higher dividend


DGAP-News: KWS SAAT SE & Co. KGaA / Key word(s): AGM/EGM
KWS SAAT SE & Co. KGaA: KWS' Annual Shareholders' Meeting adopts a higher dividend

16.12.2020 / 15:00
The issuer is solely responsible for the content of this announcement.

Einbeck, 16 December 2020

KWS' Annual Shareholders' Meeting adopts a higher dividend

Dividend rises to €0.70 per share - Guidance for the 2020/2021 fiscal year confirmed

The shareholders of KWS SAAT SE & Co. KGaA (ISIN: DE0007074007) voted by clear majorities in favor of the proposals made by the Executive and Supervisory Boards on all items on the agenda at today's virtual Annual Shareholders' Meeting. A dividend of €0.70 (previous year: €0.67) per share will be paid out for fiscal 2019/2020.

Dr. Andreas J. Büchting, the Chairman of the Supervisory Board of KWS SAAT SE & Co. KGaA, welcomed shareholders to this afternoon's Annual Shareholders' Meeting, which was held as a virtual event due to the coronavirus. The Executive Board described the company's economic performance in the past fiscal year 2019/2020. The KWS Group achieved a 15% increase in net sales to €1.3 billion. Operating income (EBITDA) rose by around 13% to €225.5 million, while earnings per share were €2.89. The Executive and Supervisory Boards thanked all employees for their dedication and successful efforts in the face of the challenging conditions posed by the COVID-19 pandemic: "Thanks to their great commitment, we managed to keep business up and running without restrictions and supply farmers in time for their sowing season," emphasized Andreas J. Büchting.

In view of the positive operating performance, the Annual Shareholders' Meeting endorsed the proposal by the Executive and Supervisory Boards and adopted a resolution to pay out a higher dividend of €0.70 (0.67). €23.1 (22.1) million will thus be distributed to the shareholders of KWS SAAT SE & Co. KGaA. That corresponds to a dividend payout ratio of 24.3% (21.3%), once again in line with the KWS Group's earnings-oriented policy of paying a dividend of 20% to 25% of its net income.

Outlook for fiscal 2020/2021 confirmed - Prospects are highly promising

The Executive Board also dealt with the company's current business performance (in the first quarter of 2020/2021) in its comments and confirmed the guidance for the year as a whole. The Executive Board still anticipates that the KWS Group will generate net sales at the level of the previous year (€1.3 billion). Assuming that net sales are stable, the EBIT margin is expected to be in the range between 11% and 13% (after adjustment for the noncash effects as part of the purchase price allocation for the acquisition of Pop Vriend Seeds).

The company's medium- and long-term prospects are also highly promising. "Plant breeding will provide key answers to the increasingly pressing questions of how to enable efficient, yet sustainable agriculture. We are economically well-positioned and have a clear focus on innovation and the use of state-of-the-art technologies. We therefore look optimistically to the tasks lying ahead," said Chief Executive Officer Dr. Hagen Duenbostel.

Appointment of Dr. Peter Hofmann extended until 2024

Andreas J. Büchting also informed the Annual Shareholders' Meeting that the appointment of Dr. Peter Hofmann as a member of the Executive Board of the personally liable partner KWS SE had been extended to June 30, 2024. Hofmann is in charge of Sugarbeet, Corn Europe, and Marketing & Communications.

About KWS*

KWS is one of the world's leading plant breeding companies. More than 5,700 employees in 70 countries generated net sales of around €1.3 billion in fiscal 2019/2020. 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, vegetables, rapeseed and sunflowers. KWS uses leading-edge plant breeding methods to continuously improve yield for farmers and plants' resistance to diseases, pests and abiotic stress. To that end, the company invested more than €200 million last fiscal year in research and development.

* All figures excluding the shares of the equity-accounted companies AGRELIANT GENETICS LLC., AGRELIANT GENETICS INC. and KENFENG - KWS SEEDS CO., LTD.

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


Peter Vogt
Head of Investor Relations
Phone: +49-30 816914-490
[email protected]
Martin Heistermann
Senior Manager Investor Relations
Phone: +49-30 816914-341
[email protected]
Sina Barnkothe
Corporate Communications
Phone: +49-5561 311-1783
sina[email protected]



16.12.2020 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
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: 1155726

End of News DGAP News Service

1155726  16.12.2020 


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
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

KWS Saat
WKN Kurs in € Einschätzung Börsenwert in Mio. €
707400 59,500 Kaufen 1.963,50
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
12,40 17,81 0,71 19,08
1,56 13,57 1,08 7,95
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
0,90 0,90 1,51 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
11,99% 13,94% 10,80% 2,23%
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Agrar , 707400 , KWS , XETR:KWS