EQS-News: KWS publishes results for the first quarter of 2023/2024 and confirms forecasts
Net sales at the Corn Segment fell in the first quarter of 2023/2024 by around 16% to €68.9 (82.1) million.
- Net sales at the Corn Segment fell in the first quarter of 2023/2024 by around 16% to €68.9 (82.1) million.
- This was mainly due to a decline in demand in the summer season in Brazil, which accounts for a low share of total annual net sales.
- In the regions of Europe and North America, no significant net sales were generated in the quarter under review due to seasonal reasons.
- Net sales at the Sugarbeet Segment, which posts only low sales volumes in the first quarter due to seasonal reasons, rose to €24.2 (20.1) million in the quarter under review.