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New Salt Brine Field in The Netherlands
K+S Decides on Investment in a New Salt Brine Field in The Netherlands
On March 22nd, 2018, the Board of Executive Directors of K+S Aktiengesellschaft, Kassel, decided to develop a new off-shore brine field by drilling a new cavern at its Dutch production plant, Frisia Zout B.V. in Harlingen. Thus K+S further implements the Group strategy Shaping 2030.
Financial year 2017
Foundations laid for growth
The K+S Group has improved in all of its key indicators in the 2017 financial year: revenues rose to € 3.6 billion (previous year: € 3.5 billion), operating earnings EBIT I increased to € 271 million (previous year: € 229 million) and earnings before interest, taxes, depreciation and amortisation (EBITDA) were lifted to € 577 million (previous year: € 519 million). “Even though 2017 was a year shaped by transition, we reached our targets, laying a strong foundation for our future,” said Dr Burkhard Lohr, CEO of K+S AG.
Waggonbau Niesky
K+S order opens up prospects for 300 jobs
The conclusion by K+S of an agreement on the construction of 160 bulk material freight cars has ensured that WBN Waggonbau Niesky will have more work for now. WBN filed for insolvency at the end of December 2017. This placed about 300 jobs in the district of Görlitz in the state of Saxony at risk.
K+S commissions Aquaponic Research Container
Why Lettuce and Fish Go Well Together
Today, K+S Aktiengesellschaft unveiled a new aquaponic research container at its headquarters in Kassel. Speaking at a press conference, Dr. Burkhard Lohr, the chairman of the K+S Board of Executive Directors, and Alexa Hergenröther, the managing director of K+S KALI GmbH, accompanied by Christian Geselle, the lord mayor of Kassel, explained why aquaponics and research and innovation were so important for the company.
Accused Fully Cleared
Searches and Seizures Were Unlawful
In a decision communicated today, the Jena Higher Regional Court has found that the searches and seizures conducted by the Meiningen Public Prosecutor’s Office in business and private premises in September 2015 in connection with injecting at the Gerstungen trough were unlawful.
Corporate Communications
Frauke Riva is new Head of Corporate Communications
Frauke Riva (46) has been appointed the new Head of Corporate Communications at K+S Aktiengesellschaft.
Third Quarter of 2017
K+S Group lifts revenues and earnings once again
The K+S Group generated moderately higher revenues in the third quarter and operating earnings rose significantly compared with the prior-year period. Enhanced product availability of specialties and higher fertilizer prices contributed to the increase in earnings.
Second Quarter of 2017
K+S records higher revenues and earnings in the second quarter
In the second quarter of the year, the K+S Group saw its earnings rise compared to the same period in the previous year, mainly due to a significant improvement in the profit trend of the Potash and Magnesium Products business unit.
1st Quarter of 2017
K+S Starts the New Fiscal Year with an Increase in Revenues
“We have started the new fiscal year with an increase in revenues. High demand for our fertilizer specialties and repeated strong performance in non de-icing salt business demonstrate that focusing on our two pillars is working,” says Norbert Steiner, Chairman of the Board of Executive Directors of K+S Aktiengesellschaft. “Furthermore, for the second quarter in a row, we have seen positive development in the average prices for potash and magnesium products as compared to the previous quarter,” Steiner continues.
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