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K+S says acquisitions possible as part of new growth plan
October 9, 2017 / 9:11 AM / in 14 days

K+S says acquisitions possible as part of new growth plan

FRANKFURT (Reuters) - Germany’s K+S (SDFGn.DE) said acquisitions are conceivable as part of the minerals miner’s structural revamp to boost long-term growth.

K+S has no plans to publish a new EBITDA target for 2020, a spokesman said on Monday by email, after it abandoned a previous goal of around 1.6 billion euros in August.

The company earlier on Monday set a goal of reaching 3 billion euros in earnings before interest, tax, depreciation and amortisation by 2030.

Reporting by Elke Ahlswede; Writing by Andreas Cremer; Editing by Victoria Bryan

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