Four segments,
one goal:
High-yielding seed.
We offer our farmers varieties and solutions tailored to their needs. With the wide range of products in our portfolio, we enable diversified crop rotation.
Cereals
Segment
… comprises seed for rye, wheat, barley and oilseed rape. In addition, the segment focuses on the breeding and sale of other future-oriented cultivated crops such as sorghum, peas, catch crops and oats.
- Substantial price increases for agricultural products due to declining harvests and the war in Ukraine impacted the industry environment during the reporting period.
- Strong growth in oilseed rape primarily drove the positive trend in net sales.
- The increasing use of rye in animal feed and rye’s high yield stability under dry cultivation conditions has been supporting demand for rye seed.
- The sorghum business has also recorded a marked increase in sales, mainly as a result of higher volumes in Brazil.
Net sales 2021/22
in M€
EBIT 2021/22
in M€
Vegetables
Segment
… mainly comprises seed for spinach, tomatoes, cucumbers, peppers, melons, watermelons and beans.
- Rising costs for energy and fertilizers, a lack of raw materials, disrupted supply chains and climate-related challenges made the overall conditions for growing vegetables more difficult.
- At nearly 60%, the share of spinach seed sales again accounted for the largest share in this segment. As a result of the business development and the planned expansion of the segment, earnings fell slightly to €-18.5 million (-18.1).
- KWS achieved important milestones in vegetable breeding during the past fiscal year, laying a solid foundation for future growth. This included accelerating the establishment of several KWS breeding stations, including in Brazil, Mexico and Spain.
Net sales 2021/22
in M€
EBIT 2021/22
in M€
Sugarbeet
Segment
… has a share of over 60 percent of the world market and grew faster than the market over the past fiscal year.
- ■ Below-average harvests in Brazil, the largest sugar producer in the world, contributed to a supply deficit, causing commodity prices for raw and white sugar to further rise.
- Demand for CONVISO® SMART varieties continued to climb with sales of the varieties accounting for a significant share (19%) of the segment’s sales.
- Because of the growing spread of the leaf disease Cercospora, our CR+ varieties experienced very strong demand after only two years on the market.
- KWS completed a comprehensive investment project to expand the production plant at its Einbeck location in spring 2022.
Net sales 2021/22
in M€
EBIT 2021/22
in M€
Corn
Segment
… accounts for the largest share of net sales at KWS; sunflower and soybean seed are also part of the portfolio.
- With ongoing high sales prices for agricultural raw materials and the related demand for high-quality seed, the Corn Segment continued to benefit from a positive economic environment.
- The segment recorded strong sales growth, especially in the South American market where it totaled 70%. Increased costs for manufacturing, distribution, research and development as well as the negative effects of the war in Ukraine were among the developments impacting segment earnings.
- KWS further strengthened its market position in Europe for hybrid varieties of grain corn.
- The company also made investments in Romania and Ukraine to boost breeding capacity and expand seed processing.
Net sales 2021/22
in M€
EBIT 2021/22
in M€
The difference from the KWS Group’s statement of comprehensive income and segment reporting is due to the requirements of the International Financial Reporting Standards (IFRS). Further information is available in our annual report.
KWS' continuously developing product portfolio covers a large number of crops across all segments and thus adapts to changing agricultural needs:
