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Ad hoc disclosure
Forecast K+S Aktiengesellschaft
- K+S raises operating EBITDA outlook for 2021 again to around EUR 630 million (previously: EUR 500 to 600 million; excluding REKS transaction)
- Balanced free cash flow expected for 2021 (previously: EUR -180 million; excluding REKS transaction)
- Antitrust review of REKS transaction still ongoing
Strong second quarter in 2021
EBITDA doubled - 2021 forecast raised
K+S announced the final figures for the second quarter of 2021. As already announced, the EBITDA more than doubled and the EBITDA forecast for 2021 was raised once again.
Ad hoc disclosure
K+S Aktiengesellschaft: EBITDA outlook for 2021 raised to EUR 700 million to EUR 800 million
The Board of Executive Directors of K+S Aktiengesellschaft today raised the EBITDA outlook for 2021 again to between EUR 700 million and EUR 800 million (previously EUR 500 million to EUR 600 million, both including the expected one-off gain from the REKS transaction of around EUR 200 million).
Press release of August 3, 2021
K+S once again raises earnings outlook for 2021
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.
Ad hoc disclosure
K+S Aktiengesellschaft: EBITDA in Q2/2021 expected to be significantly above previous year's level
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.
K+S welcomes decision of DB Netz AG
The planned high-speed railway line will not affect potash mining in the Werra region
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.
Aquaculture development
Start-up settlement in the Innopark Sigmundshall
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.
Optimization of balance sheet structure
K+S reduces financial liabilities by €560 million through successful buy-back of bonds
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).
Merkers Adventure Mine
The World of White Gold welcomes visitors again
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.
Deposit supplies for many decades to come
100 years of Bernburg salt
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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