KWS SAAT SE & Co. KGaA: KWS confirms guidance for the year after a successful third quarter
Net sales at the Corn Segment in the first nine months were €602.7 (607.4) million and thus at the level of the previous year; the segment grew net sales by 9% after adjustment for exchange rate effects. The main contributors to operational growth were the Europe region (in particular Southeastern and Eastern Europe) as well as Argentina and Brazil. However, our U.S. joint venture AgReliant posted lower sales and contributions to earnings in the face of a challenging competitive environment. The segment's income was €77.7 (79.7) million. Net sales in the Sugarbeet Segment in the first n...