KWS Saat stock reports a 3.00 percent revenue decline

Published on 09/29/2026 at 15:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

KWS Saat stock delivered adjusted EBITDA margin of 19.30 percent in fiscal 2025/26. Management targets 19.00-20.00 percent for fiscal 2026/27, while EPS reached EUR 4.80.

Flatlay-Arrangement mit Zertifikat, ISIN-Karte, Maiskörnern und Weizenähren — KWS SAAT SE DE0007074007 zeigt Flatlay mit Aktienzertifikat, ISIN-Karte und Saatgutkörnern auf Holztisch, Illustration mit AI erstellt.

KWS Saat (ISIN DE0007074007) was trading at EUR 70.10 at Lang & Schwarz on September 29, 2026, down 0.85 percent versus the prior close of EUR 70.70. The seed producer reported a 3.00 percent revenue decline for fiscal 2025/26, putting the next growth phase under scrutiny.

Revenue fell as acreage shrank

KWS reported revenue of EUR 1.6268 billion for fiscal 2025/26 on September 23, 2026, down from EUR 1.6766 billion. The comparable decline was 1.00 percent, with smaller cultivation areas for sugar beet and corn weighing on sales.

Profitability held up better than revenue. EBITDA fell 2.10 percent to EUR 343.1 million, while adjusted EBITDA margin reached 19.30 percent after a positive licensing effect lifted the reported margin to 21.10 percent.

Guidance leaves analysts cautious

For fiscal 2026/27, KWS targets comparable revenue growth of 3.00 percent and an EBITDA margin between 19.00 percent and 20.00 percent, assuming recovering agricultural markets. That outlook gives the stock a measurable recovery benchmark, but it also leaves limited room for another acreage-driven sales setback.

DZ Bank kept a Hold rating and a EUR 76.00 fair value on September 28, 2026, citing the need for visible progress in vegetables and a stronger 2026/27 outlook. Baader Bank retained Add and a EUR 85.00 price target on September 23, 2026, despite describing the fiscal-year results as below expectations.

Stock remains below yearly high

The EUR 70.10 Lang & Schwarz price was 13.03 percent below the EUR 80.60 52-week high and 12.88 percent above the EUR 62.10 low on September 29, 2026. Market capitalization stood at EUR 2.3 billion on the same date, giving the earnings outlook a direct valuation context.

Stock trades lower in Germany

KWS Saat stock was trading at EUR 70.10 at Lang & Schwarz on September 29, 2026 at 3:31 p.m. CEST, down 0.85 percent versus the Lang & Schwarz prior close of EUR 70.70 on September 28, 2026.