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BRIEF-KWS SAAT expects 2013/14 operating income to fall by 8 pct
February 25, 2014 / 6:41 AM / 4 years ago

BRIEF-KWS SAAT expects 2013/14 operating income to fall by 8 pct

FRANKFURT, Feb 25 (Reuters) - KWS Saat AG : * Says net sales in the first six months up by 1.6% to EUR209.5 million * Says net sales rose by 1.6% to EUR209.5 (previous year: 206.3) million * Says operating income (EBIT) is negative in this period * Says forecast for the year that it expects net sales to grow by as much as 5%

to about EUR1.2 billion * Says operating income to fall by approximately 8% to around EUR140 million

for fiscal 2013/2014 as a whole

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