Vilmorin & Cie, SA announced consolidated sales results for the third quarter ended March 31, 2016. For the quarter, the corresponding the revenue from ordinary activities, stood at EUR 990 million, an increase of 3.7% compared with the same period for the previous fiscal year.

Considering the results of the first nine months for the fiscal year, and on the basis of currently available information, the company is aiming, for fiscal year 2015-2016, for an increase in sales of at least 7% on a like-for-like basis and for its Vegetable seeds activity and a decrease limited to around 2% on a like-for-like basis for its Field seeds activity. The company is thus maintaining its objective of a moderate increase in its global sales compared with the previous year; this increase should reach at least 2% on a like-for-like basis. Therefore the current operating margin rate should be similar to that of fiscal year 2014-2015.