KWS Saat stock reports 3 percent lower annual sales

Published on 09/28/2026 at 12:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

KWS Saat stock trades at EUR 70.30 on September 28, 2026, below Baader Bank's EUR 85.00 target. EPS rose to EUR 4.80 as EBITDA margin reached 21.1 percent.

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KWS Saat stock (ISIN DE0007074007) was trading at EUR 70.30 on Xetra at 11:51 a.m. CEST on September 28, 2026, down 0.57 percent from EUR 70.70. The latest company catalyst is the fiscal 2025/2026 report published on September 23, which combines lower sales with stable profitability and stronger balance-sheet figures.

Revenue fell to EUR 1.626 billion

According to KWS in its September 23, 2026 investor release, revenue fell 3 percent to EUR 1.626 billion in fiscal 2025/2026 from EUR 1.676 billion in the prior year.

The comparison is less severe at the operating level. EBITDA reached EUR 343.0 million versus EUR 351.0 million, while the reported EBITDA margin increased to 21.1 percent from 20.9 percent, supported by a special effect; the adjusted margin was 19.3 percent.

Cash flow offsets weaker sales

According to KWS, earnings per share rose to EUR 4.80 in fiscal 2025/2026 from EUR 4.24, while free cash flow was EUR 122.5 million compared with EUR 123.2 million.

Net debt fell to EUR 8.7 million from EUR 61.6 million. That reduction gives the figures a stronger financial-quality signal than the headline sales decline alone, because the company entered the new fiscal year with materially lower leverage.

Baader keeps EUR 85 target

After the annual results, Baader Bank maintained its Add rating and EUR 85.00 price target on September 23, 2026, according to Boerse.de. The bank described the results as weak against expectations and said the outlook for fiscal 2026/2027 remained below consensus.

The contrast is clear for investors: KWS delivered a 21.1 percent reported EBITDA margin and EUR 4.80 earnings per share, but the 3 percent revenue decline keeps acreage and demand conditions central to the next valuation step.

Stock trades at EUR 70.30

KWS Saat stock was trading at EUR 70.30 on Xetra on September 28, 2026, with a 52-week range of EUR 62.10 to EUR 80.60, market capitalization of EUR 2.3 billion and volume of 913 shares. The share price therefore sits EUR 10.30 below the yearly high and EUR 8.20 above the yearly low.