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K&S AG

SDFGn.DE

Latest Trade

5.26EUR

Change

0.06(+1.23%)

Volume

1,841,556

Today's Range

5.20

 - 

5.45

52 Week Range

4.50

 - 

18.61

As of on the XETRA ∙ Minimum 15 minute delay

Latest Developments

Great Interest In K&S American Salt Business - CEO

March 12 (Reuters) - K + S <SDFGn.DE>:: CEO SAYS WE SEE GREAT INTEREST IN OUR AMERICAN SALT BUSINESS, BOTH FROM STRATEGIC AND PRIVATE EQUITY INVESTORS.

K+S FY EBITDA Up At EUR 640 Mln

March 11 (Reuters) - K&S AG <SDFGn.DE>::PROPOSES DIVIDEND FOR 2019: 0.15 EUROS / SHARE (2018: 0.25 EUROS / SHARE).INCREASED ITS OPERATING PROFIT (EBITDA) MODERATELY BY 6% TO € 640 MILLION IN THE 2019 FINANCIAL YEAR..OUTLOOK FOR 2020: EBITDA BETWEEN € 500 AND 620 MILLION EXPECTED (2019: € 640 MILLION).FY GROUP SALES REMAINED ALMOST STABLE IN 2019 AT JUST OVER € 4 BILLION.WITH IMPLEMENTATION OF ALL MEASURES, DEBT TO BE REDUCED BY SIGNIFICANTLY MORE THAN € 2 BILLION IN NEXT TWO YRS.

K+S To Sell Operating Unit Americas, Realign Co

March 11 (Reuters) - K&S AG <SDFGn.DE>::IS DRIVING COMPLETE SALE OF OPERATING UNIT AMERICAS FORWARD AND IS REALIGNING COMPANY.SIGNING IS EXPECTED IN 2020.SUPERVISORY BOARD HAS AGREED WITH DECISION OF BOARD OF EXECUTIVE DIRECTORS FROM MARCH 5, 2020 TO DRIVE COMPLETE SALE OF OPERATING UNIT AMERICAS FORWARD.FOCUS ON BUSINESS WITH MINERAL FERTILIZERS AND SPECIALTIES IS CONNECTED WITH A COMPREHENSIVE REALIGNMENT OF K+S..REALIZATION OF ALL MEASURES WILL ALLOW COMPANY TO REDUCE ITS NET FINANCIAL DEBT PRESUMABLY BY SIGNIFICANTLY MORE THAN EUR 2 BILLION AND ENABLES K+S TO FULFIL REQUIREMENTS OF A STABLE CROSSOVER RATING.NEW POSITIONING WITH A SOLID FINANCIAL BASIS ENABLES K+S TO EXPAND PROFITABLE BUSINESS WITH FERTILIZER SPECIALTIES..

K+S Sells Unit K+S Entsorgung (Schweiz) AG

Jan 17 (Reuters) - K&S AG <SDFGn.DE>::HAS SOLD THE SUBSIDIARY K + S ENTSORGUNG (SCHWEIZ) AG TO THE THOMMEN-FURLER GROUP BASED IN SWITZERLAND.SALE PRICE IS IN THE LOWER SINGLE-DIGIT MILLION EURO RANGE.

K+S Says Q3 EBITDA More Than Doubles To EUR 81 Mln

Nov 14 (Reuters) - K&S AG <SDFGn.DE>::REVENUES ROSE IN Q3 TO € 905 MILLION (Q3/18: € 840 MILLION).EBITDA INCREASE IN THE THIRD QUARTER TO € 81 MILLION (Q3/18: € 36 MILLION).NO WASTEWATER-RELATED PRODUCTION STANDSTILLS IN THE CURRENT YEAR.ADJUSTED FREE CASH FLOW AS OF 30 SEPTEMBER UP TO € 204 MILLION (9M/18: € –60 MILLION).NET FINANCIAL DEBT/EBITDA REDUCED TO A FACTOR OF 4.3 (31 DECEMBER 2018: FACTOR OF 5.3).OUTLOOK: SINCE AUTUMN 2019 SUSTAINED WEAK MARKET ENVIRONMENT FOR POTASSIUM CHLORIDE.PARALLEL TO ANNOUNCED CURTAILMENT OF POTASSIUM CHLORIDE PRODUCTION OF 300,000 TONNES, MAINTENANCE MEASURES TO REDUCE PRODUCTION BY FURTHER 200,000 TONNES.STILL POSITIVE FREE CASH FLOW FOR FULL YEAR 2019 EXPECTED (2018: € –206 MILLION).OUTLOOK: INCREASE IN EBITDA NOW TO ABOUT € 650 MILLION EXPECTED (2018: € 606 MILLION).

K+S Reduces Potash Production Due To Weak Demand

Sept 23 (Reuters) - K&S AG <SDFGn.DE>::CURRENT WEAK MARKET ENVIRONMENT: K+S REDUCES POTASH PRODUCTION.RESPONDING TO CURRENT WEAK DEMAND FOR POTASH BY REDUCING FERTILIZER PRODUCTION FOR POTASSIUM CHLORIDE BY UP TO 300 THOUSAND TONNES BY END OF 2019.EFFECT OF PRODUCTION ADJUSTMENT ON EBITDA IS EXPECTED TO BE IN AMOUNT OF UP TO 80 MILLION EUROS.SAYS IS RESPONDING TO CURRENT WEAK DEMAND FOR POTASH BY REDUCING FERTILIZER PRODUCTION FOR POTASSIUM CHLORIDE BY UP TO 300 THOUSAND TONNES BY END OF 2019.

K+S Extends Board Memberships Of Lohr And Boeckers

Aug 22 (Reuters) - K&S AG <SDFGn.DE>::BOARD MEMBERSHIPS OF LOHR AND BOECKERS EXTENDED.CURRENT MEMBERSHIP OF CFO THORSTEN BOECKERS (44), WHICH STILL RUNS UNTIL 11 MAY 2020, WAS ALSO EXTENDED BY FIVE YEARS - UNTIL MAY 2025.BURKHARD LOHR WILL CONTINUE TO BE CHAIRMAN OF THE BOARD OF EXECUTIVE DIRECTORS OF K+S AKTIENGESELLSCHAFT UNTIL JUNE 2025.

BRIEF-K+S Expects 2019 EBITDA Of 730-830 Mln Euros (Pvs Forecast: 700-850 Mln Euros)

Repeats with no changes to text:REVENUES: + 8 % TO € 879 MILLION (Q2/2018: € 812 MILLION).Q2 EBITDA UP 24 % TO € 130 MILLION (Q2/2018: € 105 MILLION).ADJUSTED FREE CASH FLOW SIGNIFICANTLY IMPROVED BY AROUND € 150 MILLION TO € 102 MILLION (Q2/18: € -49 MILLION).MORE PRECISE OUTLOOK FOR 2019: SIGNIFICANT INCREASE IN EBITDA TO BETWEEN € 730 AND € 830 MILLION EXPECTED (PREVIOUSLY: € 700 – € 850 MILLION; 2018: € 606 MILLION).MORE PRECISE OUTLOOK FOR 2019: ADJUSTED FREE CASH FLOW OF AT LEAST € 100 MILLION (2018: € -206 MILLION) EXPECTED.GOOD PRICE ENVIRONMENT FOR FERTILIZERS AS WELL AS HIGHER PRODUCTION VOLUMES AT THE WERRA AND BETHUNE PLANTS MADE A SIGNIFICANT CONTRIBUTION TO EBITDA IMPROVEMENT.POSITIVE EFFECT OF A CHANGE IN THE ASSESSMENT OF THE EURO-DOLLAR EXCHANGE RATE SHOULD MORE THAN MAKE UP FOR THE EXTENDED MAINTENANCE PERIOD IN BETHUNE AS WELL AS A TEMPORARY SOMEWHAT MORE CAUTIOUS ASSESSMENT DUE TO THE CHINESE IMPORT BAN ON POTASSIUM CHLORIDE.AGAINST THE BACKDROP OF THE RECENTLY INCREASED STORAGE CAPACITY FOR SALINE WASTEWATER UNDERGROUND, K+S SEES ITSELF STRENGTHENED IN BEING ABLE TO EXCLUDE WITH A HIGH DEGREE OF PROBABILITY, WEATHER-RELATED STANDSTILLS IN PRODUCTION AT THE WERRA PLANT EVEN IN THE EVENT OF PROLONGED DROUGHT.

K+S Expects 2019 EBITDA Of 730-830 Mln Euros (Pvs Forecast: 700-850 Mln Euros)

Aug 15 (Reuters) - K&S AG <SDFGn.DE>::REVENUES: + 8 % TO € 879 MILLION (Q2/2018: € 812 MILLION).Q2 EBITDA UP 24 % TO € 130 MILLION (Q2/2018: € 105 MILLION).ADJUSTED FREE CASH FLOW SIGNIFICANTLY IMPROVED BY AROUND € 150 MILLION TO € 102 MILLION (Q2/18: € -49 MILLION).MORE PRECISE OUTLOOK FOR 2019: SIGNIFICANT INCREASE IN EBITDA TO BETWEEN € 730 AND € 830 MILLION EXPECTED (PREVIOUSLY: € 700 – € 850 MILLION; 2018: € 606 MILLION).MORE PRECISE OUTLOOK FOR 2019: ADJUSTED FREE CASH FLOW OF AT LEAST € 100 MILLION (2018: € -206 MILLION) EXPECTED.GOOD PRICE ENVIRONMENT FOR FERTILIZERS AS WELL AS HIGHER PRODUCTION VOLUMES AT THE WERRA AND BETHUNE PLANTS MADE A SIGNIFICANT CONTRIBUTION TO EBITDA IMPROVEMENT.POSITIVE EFFECT OF A CHANGE IN THE ASSESSMENT OF THE EURO-DOLLAR EXCHANGE RATE SHOULD MORE THAN MAKE UP FOR THE EXTENDED MAINTENANCE PERIOD IN BETHUNE AS WELL AS A TEMPORARY SOMEWHAT MORE CAUTIOUS ASSESSMENT DUE TO THE CHINESE IMPORT BAN ON POTASSIUM CHLORIDE.AGAINST THE BACKDROP OF THE RECENTLY INCREASED STORAGE CAPACITY FOR SALINE WASTEWATER UNDERGROUND, K+S SEES ITSELF STRENGTHENED IN BEING ABLE TO EXCLUDE WITH A HIGH DEGREE OF PROBABILITY, WEATHER-RELATED STANDSTILLS IN PRODUCTION AT THE WERRA PLANT EVEN IN THE EVENT OF PROLONGED DROUGHT.

K+S Sees To Reach Lower End Of FY Production Target Range

July 23 (Reuters) - K&S AG <SDFGn.DE>::MAINTENANCE PERIOD AT THE NEW CANADIAN POTASH PLANT IN BETHUNE PLANNED FOR SEPTEMBER WILL BE EXTENDED TO A TOTAL OF TWO WEEKS.DUE ADDITIONAL WORK NOW BEING PLANNED, IT IS EXPECTED THAT THE LOWER END OF PRODUCTION TARGET RANGE FOR THE YEAR WILL BE REACHED.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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