Press Releases

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Here you will find our press releases in chronological order. You can also specify a desired period for listing.

  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • 2024
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • 2024

Successful placement
Successful placement of a bond in the amount of EUR 500 million

Press Release:

First quarter of 2024 above market expectations*
Successful start into the new financial year

K+S achieved revenues of €988 million in the first quarter of the current year, compared with €1.2 billion in the prior-year period. Operating earnings EBITDA amounted to €200 million (Q1/2023: €454 million) and adjusted free cash flow amounted to €111 million in the first three months of the current financial year (3M/2023: €113 million). K+S has, therefore, exceeded the expectations of the capital market.

2023 financial year
Solid results despite many challenges

K+S generated solid results in the 2023 financial year. Following the record year 2022, the Company achieved EBITDA operating earnings of around €712 million (2022: €2,423 million). Adjusted free cash flow was around €311 million in the reporting year (2022: €932 million). Adjusted Group earnings after tax amounted to €162 million (2022: €1,494 million). 

Agreement with the Hameln Declaration district alliance
K+S and the adjoining communities of the Werra and Weser rivers intensify their joint exchange

K+S and the Hameln Declaration district alliance want to further intensify their joint exchange on reducing salt pollution in the Werra and Weser rivers. The Kassel-based fertilizer and salt producer and the supra-regional association of districts and communities bordering the rivers have signed an agreement in Göttingen to acknowledge the constructive discussions of recent years and further institutionalize them in the future.

One billion tonnes of crude salt extracted from the Hattorf-Wintershall mine
K+S Werra potash plant celebrates outstanding production anniversary

It's an anniversary of a special kind: one billion tonnes of crude salt have been extracted from the Hattorf-Wintershall mine of the K+S Werra potash plant in eastern Hesse since 1903. The billionth tonne was brought to the surface during the midday shift on January 18, 2024. If the total quantity were loaded onto bulk goods railcars, the train would reach around the equator seven and a half times.

Sustainable lighthouse project in the Innopark
K+S and Aquapurna build shrimp farm in Sigmundshall

The largest and most modern indoor shrimp farm in Europe will soon be built at the Sigmundshall site near Hanover. This has been contractually agreed between K+S and the start-up Aquapurna. K+S is investing an amount in the low double-digit million euro range in this sustainable project and is acting as builder, landlord, and media supplier for the new farm. Aquapurna is receiving a further seven-figure investment from private investors.

K+S successfully completes share buyback

K+S has successfully completed the share buyback. Since mid-May 2023, K+S has bought back a total of 12.3 million of its own shares for just under €200 million (ISIN DE000KSAG888) at an average price of around €16 per share. This corresponds to 6.4 percent of the Company's share capital. K+S aims to cancel the bought-back shares by the end of 2023.

Q3 and 9M/2023 figures after record year 2022
Solid third quarter - Outlook for 2023 confirmed

K+S generated revenues of around €881 million in the third quarter of the current year, following a record figure of approximately €1.5 billion in the prior-year quarter. Operating earnings EBITDA reached €72 million (Q3/22: €633 million).

Follow-up Contract with DB Cargo
K+S keeps relying on environmentally friendly rail transportation

DB Cargo will remain the leading logistics provider for K+S for the next ten years. In Potsdam, the two companies signed the follow-up of the existing contract. The contract, which originally only expired in February 2025, was thereby renewed ahead of schedule.

Agreement with environmental association
K+S and BUND agree on further improvements for the Werra and Weser rivers

The discharge of saline water from K+S potash production into the Werra river will gradually decrease by the end of 2027. This is stipulated in the discharge permit issued by the Kassel Regional Council, which has been in force since the beginning of 2022, but against which BUND Hessen has filed a lawsuit and initiated an urgent motion. After intensive negotiations, the Company and the environmental association have now reached an agreement to achieve improvements for the Werra and Weser rivers and bring part of the legal dispute to an amicable end.

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