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K+S almost doubled its revenues in the third quarter to €1.47 billion. At €633 million, EBITDA more than quintupled compared to the prior-year quarter. Higher average prices in the Agriculture customer segment and for industrial products containing potash more than offset lower sales volumes in both customer segments as well as increased costs for energy, materials, and freight.

K+S is taking a major step in the strategic optimization of its existing business and the further reduction of the environmental footprint of domestic potash production. The extensive “Werra 2060” project strengthens competitiveness and extends the life of the Werra plant with increased and more stable production in the long term. It secures jobs and value creation in the region in the long term and ensures that K+S can continue to supply its customers with future-oriented products.

By storing CO2 in the soil, experts hope to combat climate change. Yet transparent measurement methods and standards are still lacking to determine the efficiency of carbon farming measures. A newly founded initiative aims to remedy this situation. With significant financial support and content-related assistance from the Landwirtschaftliche Rentenbank, K+S Aktiengesellschaft and Klim, an Agritech company, have launched a DIN standardization process for carbon storage in soil - DIN SPEC 3609. At an event on August 2, 2022, under the leadership of the German Institute for Standardization (DIN), 17 German companies, associations as well as scientific institutions agreed to the business plan for the formation of a corresponding consortium.

K+S more than doubled revenues to € 1.5 billion in the past second quarter, while EBITDA also rose strongly year-on-year to €706 million. Significantly higher average prices in both customer segments more than compensated for higher costs. In the first half of the year, revenues amounted to €2.7 billion and EBITDA to €1.2 billion.

K+S begins covering its tailings piles at the Werra potash plant in Hattorf and Wintershall. Initially, with the start of construction on the tailings pile top in Hattorf, the focus is on the plateau covers, with the side covers to follow later. In the long term, the white mountains of the Werra Valley will become green and the environment will be sustainably relieved.

K+S has signed a letter of intent with the Swedish company Cinis Fertilizer on future cooperation in the synthetic production of potassium sulfate (SOP). Under the planned agreement, K+S intends to supply Cinis Fertilizer with its entire potassium chloride (MOP) requirements. In return, K+S could purchase up to 600,000 tonnes of potassium sulfate (SOP) per year from Cinis.

K+S made a very good start to the current year. Revenues in the first quarter rose by 65% to €1.2 billion compared with the same period last year. EBITDA operating earnings more than quadrupled to €524 million. Higher average prices in both customer segments and positive currency effects more than offset lower volumes and increased costs for energy, logistics, and materials.

The fertilizer and mining company K+S, based in Kassel (Germany), considers itself a pioneer of environmentally friendly mining. The company is now also participating in a joint project to test a new process for treating saline water and recovering dissolved minerals.

K+S AG is raising its forecast for the expected EBITDA of the K+S Group for the current year to € 2.3 billion to € 2.6 billion (previously: € 1.6 billion to € 1.9 billion; previous year: € 969 million). The increase in the forecast is mainly based on further higher average prices in the Agriculture customer segment.

K+S once again achieved an excellent production performance at all potash and salt sites during the past financial year. The Company's own good performance was additionally supported by the very positive market trend over the course of the year.