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Ce nouveau versement porte à 5,8 M€ le soutien de Bpifrance à CARBIOS dans le cadre de ce projet collaboratif dont la société est le Chef de File depuis 2012. Au sein de THANAPLAST™, CARBIOS a réuni des partenaires académiques et industriels (le CNRS/Université de Poitiers, l’INRA/TWB, Deinove, Limagrain Céréales Ingrédients, le Groupe Barbier). Depuis son démarrage, près de 60 chercheurs ont été mobilisés dans le projet THANAPLAST™ pour assurer le développement des bioprocédés CARBIOS. D’une durée de 5 ans, ce projet poursuit ses développements dans une cinquième et dernière étape conformément aux objectifs et au calendrier initial. A propos de CARBIOS CARBIOS est une société innovante spécialisée en chimie verte dont les solutions biologiques répondent aux nouveaux défis environnementaux et de développement durable auxquels sont confrontés les industriels. CARBIOS a acquis les résultats de travaux menés depuis plusieurs années par des laboratoires publics et privés et les a utilisés comme un socle pour développer de nouveaux bioprocédés industriels qui visent à optimiser les performances techniques, économiques et environnementales des polymères (matériaux thermoplastiques, fibres synthétiques ou alimentaires) en exploitant les propriétés biologiques de catalyseurs (enzymes). Dans un premier temps, CARBIOS a choisi de concentrer ses efforts sur un segment essentiel, la plasturgie. Sa stratégie de développement repose sur un modèle économique de création de valeur industrielle qui consiste à cibler des marchés attractifs, développer des bioprocédés compétitifs. Elle les licenciera auprès de partenaires industriels, acteurs-clés de ces marchés, qui en assureront l’exploitation et la commercialisation. CARBIOS bénéficie du soutien de Truffle Capital, acteur européen du capital-investissement. CARBIOS a été créée en 2011 et est animée, depuis sa création, par la Holding Incubatrice Chimie Verte. CARBIOS bénéficie de la qualification « Jeune Entreprise Innovante » de Bpifrance (ex Oseo) et est éligible à l’investissement des Fonds Communs de Placement dans l’Innovation (FCPI).


News Article | December 12, 2016
Site: globenewswire.com

APPROVAL OF THE FINANCIAL STATEMENTS FOR FISCAL YEAR 2015-2016 The Joint Annual General Meeting of Shareholders of Vilmorin & Cie met on Friday December 9, 2016 in Paris, under the chairmanship of Philippe AYMARD. Almost 250 shareholders had the opportunity to share their thoughts on the strategy and outlook of the company, and to express themselves on the resolutions presented for their approval. APPROVAL OF THE FINANCIAL STATEMENTS FOR 2015-2016 Vilmorin & Cie's Joint Annual General Meeting approved the financial statements for fiscal year 2015-2016, posting sales of 1,325 million Euros, up significantly (+4.7% on a like-for-like basis compared with the previous fiscal year). Once again this year, performances varied considerably between the two strategic activities. - Vegetable seeds achieved another fiscal year of excellent quality, pursuing strong, dynamic growth: the activity progressed by almost 10% on a like-for-like basis compared with 2014-2015. Vilmorin & Cie thus continues to win significant market shares and has confirmed its world leadership in vegetable seeds. - The Field seeds activity showed fine resistance, with sales almost stable on a like-for-like basis (+0.6% compared to 2014-2015), in spite of a market environment that remains tense. Indeed, globally the market was marked by the persistent low level of agricultural production prices and the drop in corn cultivation acreage in Europe. In this context, Vilmorin & Cie managed globally to defend its market share. On the other hand, in the new development zones, performances were at a very high level, as in North America, demonstrating the increased globalization of business activities. As a consequence, Vilmorin & Cie's total net income was down significantly compared with the previous fiscal year. It was also affected both by non-recurring charges and items of an accounting nature, and finished at 60.8 million Euros at the end of fiscal year 2015-2016. For the 3rd consecutive year, Vilmorin & Cie's financial performances were therefore affected by the unfavorable market conditions for field seeds. And it was for this reason that an operational action plan was implemented in the spring of 2016, with the objective of consolidating the financial profile of Vilmorin & Cie. Nevertheless, since markets fundamentally continue to grow, this plan in no way calls into question Vilmorin & Cie's strategy for development and innovation. It continued to be deployed over fiscal year 2015-2016, particularly in innovation and global development on the markets of agriculture and vegetable production. The General Meeting fixed the net dividend per share at 1.10 Euros. Although it corresponds to a decrease in nominal value, it nevertheless demonstrates the will to ensure a profit distribution rate that is similar to previous years, with a pay-out rate of 38.6%. Dividend detachment will be on December 13, 2016, with payment on December 15, 2016. CONFIRMATION OF THE OUTLOOK FOR 2016-2017 Vilmorin & Cie confirmed its objectives for sales and current operating margin for fiscal year 2016-2017, aiming for a progression of 5% of its consolidated sales on a like-for-like basis, and a current operating margin rate at the same level as for 2015-2016, integrating gross research investment estimated to be more than 240 million Euros. It should be noted that at the end of the first quarter for fiscal year 2016-2017*, Vilmorin & Cie posted sales of 232 million Euros, an increase of 11.3% on a like-for-like basis, showing strong progression both in the Vegetable seeds and the Field seeds activities. Looking beyond the current fiscal year, which should continue to be affected by temporary pressure on agricultural prices and marked by the consolidation operations of the agro-chemical sector, Vilmorin & Cie is maintaining its ambitions for business growth higher than market trends and an increase in its operating margins both in Vegetable seeds and Field seeds. All the resolutions submitted to the vote of the Shareholders were approved, with the exception of the nineteenth resolution, which proposed delegation to the Board of Directors to proceed with an increase in capital stock reserved for employees, as the employees already benefit from other forms of profit-sharing in the results. You can consult the presentation of the Annual General Meeting (French version) and detailed results on the votes of the resolutions on www.vilmorin.info Wednesday February 15, 2017(1): sales and results for the first semester of 2016-2017 Tuesday April 25, 2017(1): sales at the end of the third quarter 2016-2017 (1) Disclosure after trading on the Paris stock market. FOR ANY FURTHER INFORMATION: Valérie MONSÉRAT Head of Financial Communication and Investor Relations valerie.monserat@vilmorin.info Vilmorin & Cie, the 4th largest seed company in the world, develops vegetable and field seeds with high added value, contributing to meeting global food requirements. Accompanied by its reference shareholder Limagrain, an international agricultural cooperative group, Vilmorin & Cie's strategy for growth relies on sustained investments in research and international development to durably strengthen its market shares on promising world markets. True to its vision of sustainable development, Vilmorin & Cie ensures its achievements fully respect its three founding values: progress, at the heart of its beliefs and its mission, perseverance, inherent to farming and the seeds business, and cooperation, in the fields of science, industry and commerce.


News Article | November 16, 2016
Site: www.newsmaker.com.au

Notes: Sales, means the sales volume of Oilseeds and Grain Seeds Revenue, means the sales value of Oilseeds and Grain Seeds This report studies sales (consumption) of Oilseeds and Grain Seeds in Global market, especially in USA, China, Europe, Japan, India and Southeast Asia, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering Bayer CropScience Dow DuPont Monsanto Syngenta Gansu Dunhuang Hefei Fengle KWS Limagrain Mahyco Seeds Nuziveedu Seeds Rallis India Market Segment by Regions, this report splits Global into several key Regions, with sales (consumption), revenue, market share and growth rate of Oilseeds and Grain Seeds in these regions, from 2011 to 2021 (forecast), like USA China Europe Japan India Southeast Asia Split by product Types, with sales, revenue, price and gross margin, market share and growth rate of each type, can be divided into Type I Type II Type III Split by applications, this report focuses on sales, market share and growth rate of Oilseeds and Grain Seeds in each application, can be divided into Application 1 Application 2 Application 3 Global Oilseeds and Grain Seeds Sales Market Report 2016 1 Oilseeds and Grain Seeds Overview 1.1 Product Overview and Scope of Oilseeds and Grain Seeds 1.2 Classification of Oilseeds and Grain Seeds 1.2.1 Type I 1.2.2 Type II 1.2.3 Type III 1.3 Application of Oilseeds and Grain Seeds 1.3.1 Application 1 1.3.2 Application 2 1.3.3 Application 3 1.4 Oilseeds and Grain Seeds Market by Regions 1.4.1 USA Status and Prospect (2011-2021) 1.4.2 China Status and Prospect (2011-2021) 1.4.3 Europe Status and Prospect (2011-2021) 1.4.4 Japan Status and Prospect (2011-2021) 1.4.5 India Status and Prospect (2011-2021) 1.4.6 Southeast Asia Status and Prospect (2011-2021) 1.5 Global Market Size (Value and Volume) of Oilseeds and Grain Seeds (2011-2021) 1.5.1 Global Oilseeds and Grain Seeds Sales and Growth Rate (2011-2021) 1.5.2 Global Oilseeds and Grain Seeds Revenue and Growth Rate (2011-2021) 2 Global Oilseeds and Grain Seeds Competition by Manufacturers, Type and Application 2.1 Global Oilseeds and Grain Seeds Market Competition by Manufacturers 2.1.1 Global Oilseeds and Grain Seeds Sales and Market Share of Key Manufacturers (2011-2016) 2.1.2 Global Oilseeds and Grain Seeds Revenue and Share by Manufacturers (2011-2016) 2.2 Global Oilseeds and Grain Seeds (Volume and Value) by Type 2.2.1 Global Oilseeds and Grain Seeds Sales and Market Share by Type (2011-2016) 2.2.2 Global Oilseeds and Grain Seeds Revenue and Market Share by Type (2011-2016) 2.3 Global Oilseeds and Grain Seeds (Volume and Value) by Regions 2.3.1 Global Oilseeds and Grain Seeds Sales and Market Share by Regions (2011-2016) 2.3.2 Global Oilseeds and Grain Seeds Revenue and Market Share by Regions (2011-2016) 2.4 Global Oilseeds and Grain Seeds (Volume) by Application Figure Picture of Oilseeds and Grain Seeds Table Classification of Oilseeds and Grain Seeds Figure Global Sales Market Share of Oilseeds and Grain Seeds by Type in 2015 Figure Type I Picture Figure Type II Picture Table Applications of Oilseeds and Grain Seeds Figure Global Sales Market Share of Oilseeds and Grain Seeds by Application in 2015 Figure Application 1 Examples Figure Application 2 Examples Figure USA Oilseeds and Grain Seeds Revenue and Growth Rate (2011-2021) Figure China Oilseeds and Grain Seeds Revenue and Growth Rate (2011-2021) Figure Europe Oilseeds and Grain Seeds Revenue and Growth Rate (2011-2021) Figure Japan Oilseeds and Grain Seeds Revenue and Growth Rate (2011-2021) Figure India Oilseeds and Grain Seeds Revenue and Growth Rate (2011-2021) Figure Southeast Asia Oilseeds and Grain Seeds Revenue and Growth Rate (2011-2021) Figure Global Oilseeds and Grain Seeds Sales and Growth Rate (2011-2021) Figure Global Oilseeds and Grain Seeds Revenue and Growth Rate (2011-2021) Table Global Oilseeds and Grain Seeds Sales of Key Manufacturers (2011-2016) Table Global Oilseeds and Grain Seeds Sales Share by Manufacturers (2011-2016) Figure 2015 Oilseeds and Grain Seeds Sales Share by Manufacturers Figure 2016 Oilseeds and Grain Seeds Sales Share by Manufacturers Table Global Oilseeds and Grain Seeds Revenue by Manufacturers (2011-2016) Table Global Oilseeds and Grain Seeds Revenue Share by Manufacturers (2011-2016) Table 2015 Global Oilseeds and Grain Seeds Revenue Share by Manufacturers Table 2016 Global Oilseeds and Grain Seeds Revenue Share by Manufacturers Table Global Oilseeds and Grain Seeds Sales and Market Share by Type (2011-2016) Table Global Oilseeds and Grain Seeds Sales Share by Type (2011-2016) Figure Sales Market Share of Oilseeds and Grain Seeds by Type (2011-2016) Figure Global Oilseeds and Grain Seeds Sales Growth Rate by Type (2011-2016) Table Global Oilseeds and Grain Seeds Revenue and Market Share by Type (2011-2016) Table Global Oilseeds and Grain Seeds Revenue Share by Type (2011-2016) Figure Revenue Market Share of Oilseeds and Grain Seeds by Type (2011-2016) Figure Global Oilseeds and Grain Seeds Revenue Growth Rate by Type (2011-2016) Table Global Oilseeds and Grain Seeds Sales and Market Share by Regions (2011-2016) FOR ANY QUERY, REACH US @    Oilseeds and Grain Seeds Sales Global Market Research Report 2016


News Article | November 11, 2016
Site: www.prnewswire.co.uk

The report "Fruit & Vegetable Seeds Market by Type (Brassica, Cucurbit, Leafy, Root-bulb, and Solanaceae), Trait (GM and Conventional), Form (Organic and Inorganic), Farm type (Indoor and Outdoor), and Region - Global Forecast to 2022", published by MarketsandMarkets, the global Fruit & Vegetable Seeds Market is projected to grow at a CAGR of 8.10% from 2016 and reach USD 14.00 Billion by 2022. Browse 64 market data tables and 48 figures spread through 134 pages and in-depth TOC on "Fruit & Vegetable Seeds Market - Global Forecast to 2022" Early buyers will receive 10% customization on this report. A rise in need for food for the growing population, and factors such as demand for nutritional food, environment friendliness, innovative production practices, new product offerings, and advent of modernization of agriculture has lead to the growth of the market for seed industry, globally. Fruit & vegetable seeds are used for high-quality crop yield for the increasing population and its growing food demand. Hence, fruit & vegetable seeds will be viewed as a business opportunity in the next six years. As a result, many multinational players have entered into the production of various types of fruit & vegetable seeds, which can be used for crops. Solanaceae belongs to the family of the flowering plants. Solanaceae includes plants, such as potato, eggplants, pepper, tomato, belladonna, nightshade, and others. The growth in this family of fruit & vegetable seeds has resulted in the development of active field of research for farmers globally. Leafy fruit & vegetable seed are projected to be the fastest-growing types in the next six years. The conventional seeds segment projected to be the fastest-growing market during the forecast period The conventional trait segment dominated the Fruit & Vegetable Seeds Market in 2015; it is projected to grow at the highest CAGR from 2016 to 2022. As consumer demands and expectations from the food industry continue to evolve, the opportunities for conventional seeds is also increasing. The use of conventional seeds is on rise following bans imposed on GM seeds by the European countries. With an increase in consumption of fruits & vegetables and growth in demand for tropical and exotic fruits & vegetables in the developing countries, globally; this segment is likely to witness a growth by 2022. Increase in need for food demand, high investment in R&D, and change in farming practices key to success in the Asia-Pacific region Asia-Pacific is one of the largest contributors to the global fruit & vegetable seeds due to an increase in the usage of fruit & vegetable seeds through advanced agricultural techniques and rise in need for food demand in the countries. India, China, and Indonesia constituted the largest country-level markets in the Asia-Pacific region in 2015. High market penetration by the leading fruit & vegetable seeds companies, for enhancing the agricultural growth and productivity are the main factors influencing the growth of the Fruit & Vegetable Seeds Market in Asia-Pacific. The Fruit & Vegetable Seeds Market report includes a study of marketing and development strategies, along with the product portfolio of leading companies. These companies include Bayer CropScience (Germany), Syngenta AG (Switzerland), Monsanto (U.S), Groupe Limagrain (France), and Sakata Seed Corp (Japan); these are well-established and financially stable players that have been operating in the industry for several years. Other players include Advanta Limited (India), Takii & Co. Ltd. (Japan), Mahindra Agri (India), and Western Bio Vegetable Seed Pvt. Ltd. (India). Seed Coating Materials Market by Type (polymers, Colorants, pellets, minerals/pumice, and Other Additives), Crop Type (Cereals & Grains, Oilseeds & pulses, Fruits & Vegetables, flowers & ornamentals), & by Region - Global Trends & Forecasts to 2020 Seed Market by Type (Cereals & Grains, Oilseeds, and Fruit & Vegetables), Seed Trait (Herbicide Tolerant, Insect Resistant, and Other Stacked Traits), & by Region - Global Trends & Forecast to 2020 MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets


News Article | February 24, 2017
Site: globenewswire.com

4e semencier mondial, Vilmorin & Cie crée des semences potagères et de grandes cultures à haute valeur ajoutée, contribuant à répondre aux enjeux alimentaires.  Soutenue par son actionnaire de référence Limagrain, groupe coopératif agricole international, la croissance de Vilmorin & Cie s'appuie sur un investissement soutenu en recherche et une stratégie d'internationalisation affirmée, pour renforcer durablement ses positions concurrentielles sur des marchés mondiaux porteurs. Guidée par une vision long terme de son développement, Vilmorin & Cie inscrit sa performance dans le respect de trois valeurs fondatrices : le progrès, qui se situe au coeur de ses convictions et de sa mission, la persévérance, inhérente aux métiers d'agriculteur et de semencier, et la coopération, aussi bien au niveau scientifique, industriel que commercial.


News Article | February 15, 2017
Site: globenewswire.com

Au cours du second trimestre, l'activité a été quasiment stable (-0,6 % à données comparables), après plusieurs trimestres de progression extrêmement soutenue. Le ralentissement constaté concerne principalement le continent européen et notamment l'Europe du Sud (Italie et Espagne), affectée par des conditions climatiques défavorables pour certaines productions maraîchères. Il traduit également certaines anticipations et décalages d'activité ainsi que la baisse pilotée de l'activité de fourniture agricole de la Business Unit Vilmorin-MKS au Japon. Sur l'ensemble du semestre, la croissance reste élevée et concerne la plupart des zones géographiques - en particulier l'Amérique du Nord et l'Amérique Latine - et des espèces stratégiques, avec de belles progressions en piment/poivron, carotte, courgette et concombre. 4e semencier mondial, Vilmorin & Cie crée des semences potagères et de grandes cultures à haute valeur ajoutée, contribuant à répondre aux enjeux alimentaires.  Soutenue par son actionnaire de référence Limagrain, groupe coopératif agricole international, la croissance de Vilmorin & Cie s'appuie sur un investissement soutenu en recherche et une stratégie d'internationalisation affirmée, pour renforcer durablement ses positions concurrentielles sur des marchés mondiaux porteurs. Guidée par une vision long terme de son développement, Vilmorin & Cie inscrit sa performance dans le respect de trois valeurs fondatrices : le progrès, qui se situe au coeur de ses convictions et de sa mission, la persévérance, inhérente aux métiers d'agriculteur et de semencier, et la coopération, aussi bien au niveau scientifique, industriel que commercial.


News Article | February 15, 2017
Site: globenewswire.com

SALES FOR THE 1ST SEMESTER ENDING ON DECEMBER 31, 2016 UP 10.2% WITH CURRENT DATA STRONG IMPROVEMENT OF RESULTS FOR THE 1ST SEMESTER 2016-2017 On average, sales for the first semester globally represent around one third of the annual sales for Vilmorin & Cie. Because of this highly seasonal pattern, the consolidated financial statements for the first semester traditionally show very negative income. The consolidated financial statements for the first semester 2016-2017, closed on December 31, 2016, were approved at the Vilmorin & Cie Board meeting of February 14, 2017. The Statutory Auditors have carried out a limited audit of the financial information for the first semester; in their conclusions they have not indicated any reservations or particular remarks. Consolidated financial information is established in compliance with the IFRS referential (International Financial Reporting Standards) as endorsed by the European Union on December 31, 2016. The accounting methods and principles adopted in the consolidated financial statements for the first semester on December 31, 2016 are identical to those used in the consolidated financial statements for the fiscal year closing on June 30, 2016. Thus, no change in accounting methods or estimates with any impact on Vilmorin & Cie's consolidated financial statements was applied by Vilmorin & Cie over the course of the semester. Evolution of the data for the semester is analyzed using current data and on a like-for-like basis. Comparable data is restated with constant scope and currency impact; accordingly, the result for the first semester 2015-2016 takes into account in particular the impact of changes in currency translation, by applying the average rate on December 31, 2016 to the income statement on December 31, 2015. The activity of the company Genica Research (United States. Vegetable Seeds), acquired in February 2016, has not been restated for scope for fiscal year 2016-2017, since the company's American activities were integrated into the HM.CLAUSE Vegetable Seeds Business Unit while its European activities into that of Vilmorin-MKS. SaleS for thE FIRSt SEMESTER: VERY DYNAMIC GROWTH MARKED BY A PERFORMANCE OF EXCELLENT QUALITY for THE FIELD SEEdS ACTIVITY Vilmorin & Cie's consolidated sales for the first semester of 2016-2017, closed on December 31, 2016, came to 503 million euros, a rise of 10.2% with current data and 10.8% on a like-for-like basis. VEGETABLE SEEDS DIVISION: A FIRST SEMESTER WITH SIGNIFICANT GROWTH IN SPITE OF A SLOWDOWN IN BUSINESS OVER THE 2ND QUARTER Sales for the Vegetable seeds division for the first semester came to 286.9 million euros, an increase of 5.7% with current data compared with the first semester for 2015-2016. Restated on a like-for-like basis, the division achieved an increase of 5.2 %. During the course of the second quarter, business was practically stable (-0.6% on a like-for-like basis), after several quarters of extremely strong progression. This slowdown mainly concerns Europe, and particularly southern Europe (Italy and Spain), affected by unfavorable climate conditions for certain vegetable productions. It also conveys the anticipation and offset of certain business operations and the programmed drop in the agricultural supplies activity of the Business Unit Vilmorin-MKS in Japan. This performance therefore does not cast any doubt on Vilmorin & Cie's growth impetus for this activity or its global sales growth objective for fiscal year 2016-2017. Over the full semester, growth remains high and concerns most geographical zones - particularly North America and Latin America - and strategic crops, with fine progression of hot and sweet pepper, carrot, summer squash and cucumber. FIELD SEEDS DIVISION: SUSTAINED GROWTH IN BUSINESS, DRIVEN BY STRONG DYNAMIC BUSINESS IN SOUTH AMERICA Sales for the Field seeds division for the first semester came to 201.6 million euros, an increase of 18.2% compared with the first semester for 2015-2016; this increase was 21% on a like-for-like basis. In Europe, on a rapeseed market characterized by the continuing adoption of hybrid seeds, the commercial campaign for this crop achieved an excellent level of growth, both in terms of volume and value, resulting in market share gains. Vilmorin & Cie thus confirmed its position as a top-ranking European player. The first part of the straw cereal seed campaign (wheat, barley) recorded a marked drop in sales, in a market context where the use of commercial seeds has fallen, particularly in France. In a market environment still heavily influenced by the low level of prices for agricultural production, orders for corn are lower, in line with the falling trends for cultivated acreage for this crop, particularly in Western Europe. However, orders to date for sunflower seeds are promising, particularly in Eastern Europe. In South America, the first corn campaign in Brazil (safra) was considerably higher than the previous year, with an increase both in volume and in value, in line with market trends, while the second corn campaign (safrinha) has also made a very good start, partly through anticipation of the sales campaign. In the other new development zones (Asia and Africa), the level of business achieved overall during the first semester corresponds to expectations. The Field Seeds division thus recorded sales for the second quarter up 29.5% on a like-for-like basis. Finally, on the North American market, the beginning of the commercial campaign for corn and soybean seeds is running well, in the context of a drop predicted for corn acreage, benefitting an increase in soybean acreage. RESULTS FOR THE FIRST SEMESTER: A STRONG IMPROVEMENT Directly linked TO THE INCREASE IN BUSINESS AND TIGHTER management of OPERATING CHARGES After taking into account the cost of destruction and depreciation of inventory, margin on the cost of sales came to 246 million euros, representing 48.9% of total sales, down 1.1 percentage point compared to the first semester for the previous fiscal year; it was mainly affected by the business mix. Net operating charges came to 264.5 million euros, an increase of 4.2 million euros compared with the first semester for fiscal year 2015-2016, including an additional investment of 6.4 million euros in research and development. Consequently, the operating income for the first semester shows a loss of 18.5 million euros on December 31, 2016, a strong reduction (13.4 million euros compared to the first semester for 2015-2016); the operating margin, traditionally negative at the end of the first semester, came to -3.7%, as opposed to -7% on December 31, 2015. The income contribution from associated companies, in particular AgReliant (North America. Field Seeds) and Seed Co (Africa. Field Seeds), stood at -24.9 million euros at the end of the first semester for 2016-2017, virtually the same level as at the end of the first semester for the previous fiscal year. The financial income shows a net charge of 6.8 million euros as opposed to 22.9 million euros on December 31, 2015. In particular, this year foreign exchange gains of 4.1 million euros were recorded, as opposed to foreign exchange losses of 5.4 million euros for the previous fiscal year. Income tax on December 31, 2016 shows a net tax income of 10.5 million euros, a decrease of 5.9 million euros compared to the previous year. As a result of these factors, the net result for the semester shows a loss of 39.7 million euros, including a group share loss of 38.8 million euros, a reduction of 22.9 million euros compared with the first semester for fiscal year 2015-2016. At the end of December 2016, the balance sheet structure is naturally influenced to a large extent by the seasonal nature of the annual business cycle. Net of cash and cash equivalents (224.9 million euros), financial indebtedness came to 988.8 million euros, including a non-current share of 884.1 million euros. The group share of equity stood at 1,112.6 million euros and minority interests at 109.1 million euros. In view of the results for the first semester, as presented above, and on the basis of information currently available, Vilmorin & Cie confirms its global sales growth objective for fiscal year 2016-2017 at +5% on a like-for-like basis compared with fiscal year 2015-2016. Vilmorin & Cie has also fixed the objective of achieving a current operating margin rate at the same level as that of fiscal year 2015-2016. Over the second semester, reaching these objectives will nevertheless partly depend on the definitive evolution of cultivated acreage and prices for agricultural production, in a context of pressure on pricing policies for the Field Seeds activity, and also on the confirmation of growth potential for the Vegetable Seeds activity demonstrated over recent fiscal years. You can consult a presentation of sales and results at the end of the first semester as of 9:00 am on the website www.vilmorin.info Thursday February 23, 2017: registration with the AMF of the update of the annual report for 2015-2016 Tuesday April 25, 2017(1): sales at the end of the third quarter 2016-2017 Monday July 31, 2017(1): sales for the fiscal year 2016-2017 Wednesday October 18, 2017(1): results for the fiscal year 2016-2017 (1) disclosure after trading on the Paris stock market. FOR ANY FURTHER INFORMATION: Valérie MONSÉRAT Head of Financial Communication and Investor Relations           Vilmorin & Cie, the 4th largest seed company in the world, develops vegetable and field seeds with high added value, contributing to meeting global food requirements.  Accompanied by its reference shareholder Limagrain, an international agricultural cooperative group, Vilmorin & Cie's strategy for growth relies on sustained investments in research and international development to durably strengthen its market shares on promising world markets. True to its vision of sustainable development, Vilmorin & Cie ensures its achievements fully respect its three founding values: progress, at the heart of its beliefs and its mission, perseverance, inherent to farming and the seeds business, and cooperation, in the fields of science, industry and commerce.  For further information: www.vilmorin.info SALES FOR THE FIRST SEMESTER 2016-2017 AND EVOLUTION PER QUARTER AND PER DIVISION


News Article | February 22, 2017
Site: phys.org

A common strategy to create high-yielding plants is hybrid breeding - crossing two different inbred lines to obtain characteristics superior to each parent. However, getting the inbred lines in the first place can be a hassle. Inbred lines consist of genetically uniform individuals and are created through numerous generations of self-crossing. In maize, the use of so-called "haploid inducers" provides a short cut to this cumbersome procedure, allowing to produce inbred lines in just one generation. A study by Laurine Gilles and colleagues, published today in The EMBO Journal, sheds light on the genetics behind haploid induction. "Knowing the molecular identity of haploid induction represents an important breakthrough to fully understand the fertilization process in plants, and hopefully will allow to translate this breeding tool to other species," said the study's senior author Dr. Thomas Widiez, an INRA (Institut National de la Recherche Agronomique) researcher at the École Normale Supérieure in Lyon, France. Haploid inducers were first discovered in the 1950s. Pollination of female flower with pollen of a haploid inducer strain will yield offspring that are haploid, meaning that they will only contain one single copy of each gene as opposed to the usual two copies. All their genetic material comes from the mother. Treating these haploid plants with a chemical that causes chromosome doubling will lead to plants with two identical copies of all genes in just one generation. With classical inbreeding, this condition takes seven to ten years to achieve. Haploid offspring in maize are not unusual; they emerge naturally, albeit at a very low rate. Haploid inducers can bring this rate up to about 10% of the progeny being haploid - enough to make it a useful tool for breeders. More than 50 years after the discovery of haploid inducers, Widiez and his team, in collaboration with Limagrain, have now identified the gene that mainly causes the phenomenon and termed it Not Like Dad to highlight the fact that its dysfunction induces embryos without genetic contribution from the father. The gene product is necessary for successful fertilization so that its failure promotes the formation of haploid embryos. Two other research groups have in parallel identified the same gene and come to similar conclusions. Haploid inducers are nowadays powerful breeding tools, but as yet the technology is restricted to maize, while in-vitro haploid induction in certain crops is labor-intense. Understanding the genes and molecular mechanism behind the process will help translate this technology to other crops. The identification of Not Like Dad is an important step to this end. While Not Like Dad is the most important contributor to haploid induction in inducer lines, there are at least seven more genes that play a role in increasing the rate of haploid offspring. Revealing their molecular identity, as well as understanding their mode of action, will be important to fully understand the process. Explore further: Doubled haploid technology for quickly developing inbred corn lines offered at ISU More information: Loss of pollen-specific phospholipase Not Like Dad (NLD) triggers gynogenesis in maize, DOI: 10.15252/embj.201694969


News Article | February 22, 2017
Site: www.eurekalert.org

Heidelberg, 22 February 2017 - A common strategy to create high-yielding plants is hybrid breeding - crossing two different inbred lines to obtain characteristics superior to each parent. However, getting the inbred lines in the first place can be a hassle. Inbred lines consist of genetically uniform individuals and are created through numerous generations of self-crossing. In maize, the use of so-called "haploid inducers" provides a short cut to this cumbersome procedure, allowing to produce inbred lines in just one generation. A study by Laurine Gilles and colleagues, published today in The EMBO Journal, sheds light on the genetics behind haploid induction. "Knowing the molecular identity of haploid induction represents an important breakthrough to fully understand the fertilization process in plants, and hopefully will allow to translate this breeding tool to other species," said the study's senior author Dr. Thomas Widiez, an INRA (Institut National de la Recherche Agronomique) researcher at the École Normale Supérieure in Lyon, France. Haploid inducers were first discovered in the 1950s. Pollination of female flower with pollen of a haploid inducer strain will yield offspring that are haploid, meaning that they will only contain one single copy of each gene as opposed to the usual two copies. All their genetic material comes from the mother. Treating these haploid plants with a chemical that causes chromosome doubling will lead to plants with two identical copies of all genes in just one generation. With classical inbreeding, this condition takes seven to ten years to achieve. Haploid offspring in maize are not unusual; they emerge naturally, albeit at a very low rate. Haploid inducers can bring this rate up to about 10% of the progeny being haploid - enough to make it a useful tool for breeders. More than 50 years after the discovery of haploid inducers, Widiez and his team, in collaboration with Limagrain, have now identified the gene that mainly causes the phenomenon and termed it Not Like Dad to highlight the fact that its dysfunction induces embryos without genetic contribution from the father. The gene product is necessary for successful fertilization so that its failure promotes the formation of haploid embryos. Two other research groups have in parallel identified the same gene and come to similar conclusions. Haploid inducers are nowadays powerful breeding tools, but as yet the technology is restricted to maize, while in-vitro haploid induction in certain crops is labor-intense. Understanding the genes and molecular mechanism behind the process will help translate this technology to other crops. The identification of Not Like Dad is an important step to this end. While Not Like Dad is the most important contributor to haploid induction in inducer lines, there are at least seven more genes that play a role in increasing the rate of haploid offspring. Revealing their molecular identity, as well as understanding their mode of action, will be important to fully understand the process. Loss of pollen-specific phospholipase Not Like Dad (NLD) triggers gynogenesis in maize EMBO is an organization of more than 1700 leading researchers that promotes excellence in the life sciences. The major goals of the organization are to support talented researchers at all stages of their careers, stimulate the exchange of scientific information, and help build a European research environment where scientists can achieve their best work. EMBO helps young scientists to advance their research, promote their international reputations and ensure their mobility. Courses, workshops, conferences and scientific journals disseminate the latest research and offer training in techniques to maintain high standards of excellence in research practice. EMBO helps to shape science and research policy by seeking input and feedback from our community and by following closely the trends in science in Europe. ?For more information: http://www.


News Article | February 27, 2017
Site: news.europawire.eu

Researchers unravel one of the secrets behind haploid inducers, a powerful tool in maize breeding HEIDELBERG, 27-Feb-2017 — /EuropaWire/ — A common strategy to create high-yielding plants is hybrid breeding – crossing two different inbred lines to obtain characteristics superior to each parent. However, getting the inbred lines in the first place can be a hassle. Inbred lines consist of genetically uniform individuals and are created through numerous generations of self-crossing. In maize, the use of so-called “haploid inducers” provides a short cut to this cumbersome procedure, allowing to produce inbred lines in just one generation. A study by Laurine Gilles and colleagues, published today in The EMBO Journal, sheds light on the genetics behind haploid induction. “Knowing the molecular identity of haploid induction represents an important breakthrough to fully understand the fertilization process in plants, and hopefully will allow to translate this breeding tool to other species,” said the study’s senior author Dr. Thomas Widiez, an INRA (Institut National de la Recherche Agronomique) researcher at the École Normale Supérieure in Lyon, France. Haploid inducers were first discovered in the 1950s. Pollination of female flower with pollen of a haploid inducer strain will yield offspring that are haploid, meaning that they will only contain one single copy of each gene as opposed to the usual two copies. All their genetic material comes from the mother. Treating these haploid plants with a chemical that causes chromosome doubling will lead to plants with two identical copies of all genes in just one generation. With classical inbreeding, this condition takes seven to ten years to achieve. Haploid offspring in maize are not unusual; they emerge naturally, albeit at a very low rate. Haploid inducers can bring this rate up to about 10% of the progeny being haploid – enough to make it a useful tool for breeders. More than 50 years after the discovery of haploid inducers, Widiez and his team, in collaboration with Limagrain, have now identified the gene that mainly causes the phenomenon and termed it Not Like Dad to highlight the fact that its dysfunction induces embryos without genetic contribution from the father. The gene product is necessary for successful fertilization so that its failure promotes the formation of haploid embryos. Two other research groups have in parallel identified the same gene and come to similar conclusions. Haploid inducers are nowadays powerful breeding tools, but as yet the technology is restricted to maize, while in-vitro haploid induction in certain crops is labor-intense. Understanding the genes and molecular mechanism behind the process will help translate this technology to other crops. The identification of Not Like Dad is an important step to this end. While Not Like Dad is the most important contributor to haploid induction in inducer lines, there are at least seven more genes that play a role in increasing the rate of haploid offspring. Revealing their molecular identity, as well as understanding their mode of action, will be important to fully understand the process. Loss of pollen-specific phospholipase Not Like Dad (NLD) triggers gynogenesis in maize

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