Publication of Insider Information pursuant to Art. 17 MAR (formerly: Ad-hoc Announcements pursuant to § 15 WpHG)
Release of an Insider Information in accordance with Sec. 17 MAR
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).
Release of an Insider Information in accordance with Sec. 17 MAR
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.
Release of an Insider Information in accordance with Sec. 17 MAR
K+S Aktiengesellschaft: Public tender offer to buy back outstanding 2022, 2023 and 2024 bonds
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Release of an Insider Information in accordance with Sec. 17 MAR
K+S Aktiengesellschaft: K+S receives allowance from the U.S. Justice Department for the sale of the Americas operating unit and no longer anticipates any antitrust hurdles to the closing of the sale
The U.S. Department of Justice has allowed the sale of the Americas operating unit, which comprises the American salt business of K+S Aktiengesellschaft, to Stone Canyon Industries Holdings LLC, Mark Demetree and Partners to proceed.
Release of an Insider Information in accordance with Sec. 17 MAR
K+S Aktiengesellschaft: K+S obtains unqualified audit opinion for the consolidated financial statements as of December 31, 2020
Following the presentation of the consolidated financial statements as of December 31, 2020 by the Board of Executive Directors, the Company's auditor, Deloitte GmbH Wirtschaftsprüfungsgesellschaft, Hanover, today issued an unqualified audit opinion on the 2020 consolidated financial statements.
Release of an Insider Information in accordance with Sec. 17 MAR
K+S Aktiengesellschaft: Examination of the consolidated financial statements of K+S Aktiengesellschaft as of December 31, 2019, as well as June 30, 2020, by the German Audit Office for Accounting at the occasion-related request of the German Federal Financial Supervisory Authority
At the occasion-related request of the German Federal Financial Supervisory Authority ("Bundesanstalt für Finanzdienstleistungsaufsicht - BaFin"), the German Audit Office for Accounting ("Deutsche Prüfstelle für Rechnungslegungsaufsicht - DPR") examines the consolidated financial statements of K+S Aktiengesellschaft ("K+S") as of December 31, 2019, together with the related interim group management report and the abbreviated financial statements as of June 30, 2020.
Release of an Insider Information in accordance with Sec. 17 MAR
Agreement Joint Venture: K+S and REMEX combine waste management business and set up REKS joint venture
K+S Aktiengesellschaft and REMEX GmbH, a wholly-owned subsidiary of REMONDIS SE & Co. KG, have agreed today to bundle their waste management activities in a new joint venture, REKS GmbH & Co. KG, in which both companies are equal partners with 50 percent participation each. ...
Release of an Insider Information in accordance with Sec. 17 MAR
Impairment: K+S Cleans Up Balance Sheet
The K+S Board of Executive Directors has adjusted its long-term assumptions against the background of the realignment of the Company and the sale of the Americas operating unit. This mainly concerns the long-term potash price assumption as well as a higher cost of capital rate. Based on the current potash price level, K+S expects prices to continue to rise in the short and medium term. ...
Release of an Insider Information in accordance with Sec. 17 MAR
Agreement Disposal: K+S signs agreement to sell its Operating Unit Americas to Stone Canyon Industries Holdings LLC, Mark Demetree and affiliates for a total of USD 3.2 billion
Closing expected to occur in summer 2021 Transaction subject to customary closing conditions, including antitrust approvals K+S Aktiengesellschaft signed today a definitive agreement to sell its Operating Unit Americas, comprising its American salt businesses, to Stone Canyon Industries Holdings LLC, Mark Demetree and affiliates for a total of USD 3.2 billion, representing 12. ...
Release of an Insider Information in accordance with Sec. 17 MAR
Statement: K+S confirms advanced negotiations on the sale of the operating unit Americas
In response to market rumors, K+S confirms that it is in very advanced negotiations with Stone Canyon Industries Holdings LLC about a potential sale of its operating unit Americas. The purchase price is expected to be $ 3.2 billion (enterprise value). Agreements have not been signed and hence there is no certainty that an agreement can be reached and announced.
