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Following the announcement of significantly higher preliminary operating earnings EBITDA of around €110 million for the second quarter of 2021 (Q2/2020: €53 million), K+S has now also updated its full-year forecast for 2021.

On the basis of preliminary earnings figures, EBITDA for the K+S Group in Q2/2021 amounts to about €110 million (Q2/2020: €52.7 million). The closing of accounts is still ongoing.

The Fulda-Gerstungen rail project will not entail any restrictions for potash mining in the Werra region. This was the conclusion of the ninth DB Netz AG participation forum in Bad Hersfeld in eastern Hesse last Friday. According to this, the planned route will not affect future mining areas.

With the company Aquapurna, the first start-up has settled permanently in the new Innopark Sigmundshall. Aquapurna was founded in 2020 and specializes in the development of cost-efficient technology for applications in land-based aquacultures.

K+S has successfully completed the buy-back of bonds and reduced its financial liabilities by €560 million. The offer concerned the outstanding bonds maturing in 2022 (ISIN: DE000A1PGZ82), 2023 (ISIN: XS1591416679), and 2024 (ISIN: XS1854830889).

From July 1, the Merkers Adventure Mine, the popular excursion destination in the Werra potash region, will once again open its doors to the World of White Gold. The entire team is looking forward to finally welcoming guests again after eight months of closure.

The Bernburg salt plant can look back on a century of salt production - while also looking to the future. Since 1921, generations of miners have been extracting the white gold to the surface, a total of around 115 million tonnes to date. The deposits will last for many decades to come.

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K+S has terminated the syndicated credit line of €350 million agreed with the KfW state development bank and other banks in August 2020. At that time, the additional loan was agreed to provide additional financial resources if needed in the wake of the corona pandemic.

K+S significantly increased revenues and EBITDA in the first quarter compared to the prior-year period. Winter weather conditions, especially in Europe, resulted in an above-average increase in sales volumes of de-icing salt. Improved conditions in agriculture also resulted in higher sales volumes of fertilizers.