The products and services provided by K+S are indispensable for supplying the population in the areas of medicine, pharmaceuticals, food production, agriculture and animal feed. We also contribute to an efficient waste management industry by utilizing our underground caverns.
Strong increase in revenues and earnings
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.
Video interview with CEO Dr. Burkhard Lohr
In the interview, K+S CEO Burkhard Lohr describes the development in the past second quarter of 2022. He also explains the forecast for the year as a whole, which now includes reduced natural gas availability in the fourth quarter for the first time.
Focus on four business segments
K+S's business is focused on four segments: Agriculture, Industry, Consumers, and Communities. In all areas, the same principle applies: The customer is at the center of our actions.
We care
We strive for sustainability, because we acknowledge our responsibility to the people, the environment, the communities, and the economy in the regions in which we operate.
