KWS SAAT SE & Co. KGaA
ISIN: DE0007074007
WKN: 707400
05 November 2024 10:00AM

EQS-News: Future KWS Executive Board team is finalized – Dr. Jörn Andreas and Sebastian Talg appointed

KWS SAAT SE & Co. KGaA · ISIN: DE0007074007 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 2022825

EQS-News: KWS SAAT SE & Co. KGaA / Key word(s): Personnel
Future KWS Executive Board team is finalized – Dr. Jörn Andreas and Sebastian Talg appointed

05.11.2024 / 10:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


Einbeck, November 5, 2024

Future KWS Executive Board team is finalized – Dr. Jörn Andreas and Sebastian Talg appointed

Seed specialist KWS is announcing two new Executive Board members to complete and rejuvenate the management team as from 2025. KWS is thus setting the course for the company’s continuous and future-oriented development. In 2025, both Eva Kienle (at the end of January) and Dr. Peter Hofmann (at the end of September) will leave the Executive Board of the company as planned.

Dr. Jörn Andreas to become new Chief Financial Officer

Effective January 1, 2025, Jörn Andreas, 43, will succeed Eva Kienle as a member of the Executive Board and take over Finance & Procurement, Controlling, Transaction Center, Legal Services & IP, Information Technology, Group Compliance Office and Group Governance & Risk Management.

Jörn Andreas was born in Southern Lower Saxony and has extensive experience as a CFO and division manager. Until September 2024, he was most recently responsible on the Executive Board of DAX-listed company Symrise for the Scent & Care segment.

“With Mr. Andreas joining the company on January 1, 2025, we can ensure a seamless handover with Eva Kienle. We are delighted to have found a suitable successor for the central function of CFO so promptly,” explains Dr. Marie Theres Schnell, Chairwoman of the KWS Supervisory Board.

Sebastian Talg to become Board Member for Corn, Cereals, Marketing and Communication

Sebastian Talg, 46, will be appointed to the Executive Board of KWS effective November 1, 2025. He will be responsible for Corn, Cereals, Oilseed Rape/Special Crops & Organic Seeds and Marketing & Communications.

Sebastian Talg has extensive sales and marketing experience in the agricultural sector, including many years working for the agricultural machinery manufacturer Grimme, where he is currently responsible for all the sales and service companies. His appointment underscores one of the core values at KWS of further expanding its closeness to farmers across all crops.

“In Sebastian Talg, we have gained a board member who is very familiar with the demands of agriculture. We are convinced, with the new Executive Board team, that we have a strong position for the future of KWS,” says Marie Theres Schnell.

Nicolás Wielandt to assume new departmental responsibility

As part of the new Executive Board constellation, Nicolás Wielandt, currently responsible for the Corn division, will take over the Sugarbeet and Vegetables divisions from Peter Hofmann in 2025. Peter Hofmann’s contract will end, as agreed, on September 30, 2025.

“Nicolás Wielandt will continue his long-standing career at KWS with an expanded area of responsibility. I am convinced that the combination of internal and external perspectives will help us to successfully face the many opportunities and challenges for the industry,” explains Dr. Felix Büchting, Spokesperson of the KWS Executive Board.

About KWS

KWS is one of the world’s leading plant breeding companies. Nearly 5,000 employees* in more than 70 countries generated net sales of around €1.68 billion in the fiscal year 2023/2024. A company with a tradition of family ownership, KWS has operated independently for almost 170 years. It focuses on plant breeding and the production and sale of seed for sugarbeet, corn, cereals, vegetables, oilseed rape and sunflower. 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 €300 million last fiscal year in research and development.
*excl. seasonal workforce

More information: www.kws.com. Follow us on LinkedIn: LinkedIn_KWS Group

Contact:

Peter Vogt  
Head of Investor Relations
Phone: +49-30 816914-490
peter.vogt@kws.com

Gina Wied
Head of Corporate Communications
Tel. +49 5561 311-1427
Mobil +49 151 20345978
gina.wied@kws.com

Sina Barnkothe-Seekamp
Lead of External Communications
Tel. +49 5561 311-1783
sina.barnkothe@kws.com

KWS SAAT SE & Co. KGaA

www.kws.com

 



05.11.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


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: info@kws.com
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: 2022825

 
End of News EQS News Service

2022825  05.11.2024 CET/CEST

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Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2018 2019 2020 2021 2022 2023 2024e
Sales1 1.113,34 1.282,55 1.310,23 1.539,52 1.819,80 1.678,12 1.730,00
EBITDA1,2 198,72 225,50 230,86 252,40 318,15 388,10 348,00
EBITDA-Margin3 17,85 17,58 17,62 16,40 17,48 23,13 20,12
EBIT1,4 149,99 137,37 137,03 155,06 222,76 301,95 259,00
EBIT-Margin5 13,47 10,71 10,46 10,07 12,24 17,99 14,97
Net Profit (Loss)1 104,02 95,22 110,59 107,76 126,99 130,83 258,00
Net-Margin6 9,34 7,42 8,44 7,00 6,98 7,80 14,91
Cashflow1,7 72,85 136,16 168,32 100,32 144,65 157,21 150,00
Earnings per share8 3,15 2,89 3,35 3,27 3,85 3,96 7,80
Dividend per share8 0,67 0,70 0,80 0,80 0,90 1,00 1,15
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: Ernst & Young

All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.

INVESTOR-INFORMATION
©boersengefluester.de
KWS Saat
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
707400 DE0007074007 SE & Co. KGaA 1.890,90 Mio € 1952 Kaufen 9F3FRV7M+WX
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
10,91 17,21 0,63 15,56 1,38 12,03 1,13
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
0,90 1,00 1,15 2,01%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
05.12.2024 12.11.2024 13.02.2025 13.05.2025 26.09.2024
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
+0,17%
57,30 €
ATH 80,90 €
-6,43% -4,02% +6,70% +9,35% +0,00%

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