KWS Group Announces Earnings Results for the First Quarter of 2018; Provides Earnings Guidance for 2018
For the year 2018, the company expects to grow its net sales slightly and achieve a double-digit EBIT margin below last year's 12.2%. As far as can be seen at present, research and development projects will result in an increase in the R&D intensity, which will be in excess of 17.7%. Capital spending will also be increased and is expected to be above EUR 100 million.