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The K+S Group expects EBITDA for the 2022 financial year to range between EUR 1.6 billion and EUR 1.9 billion (2021: preliminary around EUR 960 million, including approximately EUR 220 million one-off effect from the REKS transaction). This forecast significantly exceeds the current market expectation (Vara 2022 consensus: EUR 1.269 billion). K+S will therefore more than double EBITDA compared to the figure of the previous year (adjusted for the effect from the REKS transaction).

Based on preliminary earnings figures for the K+S Group financial statements as of December 31, 2021, EBITDA of continuing operations amounts to approximately EUR 960 million (previous outlook 2021: EUR 830 million; Vara consensus: EUR 863 million; both including REKS transaction; previous year: EUR 266.9 million).

In recent years, K+S has significantly reduced the volume of saline wastewater arising from the production of high-quality fertilizers at the Werra plant. At the end of 2021, K+S will finally discontinue injection and break new ground.

By granting the permit under water law today, the Kassel Regional Council has provided further security for the production of mineral fertilizers and high-purity salt products at the K+S Werra and Neuhof-Ellers sites. The previous permit expires at the end of the year.

Today, K+S and REMEX successfully completed the transaction for the new REKS joint venture. The joint venture will operate under the name REKS GmbH & Co. KG.

K+S is committed to complying with the principles for sustainable extraction and processing of raw materials formulated by the EU (“EU principles for sustainable raw materials”). These principles essentially concern social, ecological, and economic aspects as well as sustainable corporate governance.

K+S has notified the German Financial Reporting Enforcement Panel (FREP – “DPR”) in due time of the Company's agreement with the findings of the DPR's examination in accordance with Section 342b (5) of the German Commercial Code (HGB).

Today, the German Federal Cartel Office has granted the final approval for the merger of the new REKS joint venture. With this joint venture, K+S and REMEX, a subsidiary of the REMONDIS Group, aim to open up the attractive and rapidly growing European market for the recovery and disposal of waste as well as the realization of sustainable waste management solutions.

The German Federal Cartel Office has granted the final approval for the merger of the new REKS joint venture. With this joint venture, K+S and REMEX, a subsidiary of the REMONDIS Group, aim to open up the attractive and rapidly growing European market for the recovery and disposal of waste as well as the realization of sustainable waste management solutions.

The German Financial Reporting Enforcement Panel e.V. (FREP - “DPR”) has today issued its final examination findings to K+S Aktiengesellschaft (“K+S”) in the procedure for the examination of the consolidated financial statements of K+S as of December 31, 2019, including the associated Group management report, as well as the abbreviated consolidated financial statements as of June 30, 2020, including the associated interim management report.