May 23, 2017 / 5:21 AM / 2 months ago

BRIEF-KWS Saat 9-month net income up 33 pct at 128.5 million euros

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May 23 (Reuters) - KWS SAAT SE:

* EBIT INCREASED BY 32.2% TO €170.1 (128.7) MILLION IN THE FIRST THREE QUARTERS OF FISCAL 2016/2017

* 9-MONTH INCOME TAXES WERE €58.0 (46.5) MILLION ON EARNINGS BEFORE TAXES (EBT) OF €186.5 (143.1) MILLION

* 9-MONTH 33.0% IMPROVEMENT IN NET INCOME TO €128.5 (96.6) MILLION

* NOW EXPECTS THE KWS GROUP TO INCREASE NET SALES BY JUST OVER 5% AND POST AN EBIT MARGIN OF AT LEAST 11% AT THE END OF THE FISCAL YEAR Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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