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.

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  • 2023
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  • 2022
  • 2023

K+S links Group financing with sustainability strategy and thereby supports Welthungerhilfe

K+S has obtained a new revolving credit facility on attractive terms in the amount of €400 million. For the first time, this credit facility also contains a component linked to the development of sustainability KPIs.

Rating upgraded to investment grade
Standard & Poor's recognizes high creditworthiness of K+S

Today, the rating agency Standard & Poor's (S&P) upgraded the long-term rating of K+S to BBB- (previously: BB+). K+S is therefore now rated in the investment grade range again and consequently considered to be a solid borrower. The rating outlook is stable.

K+S starts share buyback in the amount of up to €200 million

After the shareholders followed the proposal of the Supervisory Board and the Board of Executive Directors on the distribution for the 2022 financial year at the Annual General Meeting on May 10, K+S is starting to buy back its own shares today.

Figures for the first quarter of 2023
Good start into the year after record year 2022

K+S generated revenues of just under €1.2 billion in the first quarter of the current year. EBITDA operating earnings reached €454 million (Q1/2022: €524 million). Higher revenues in the Industry+ customer segment could not fully offset the moderate decline of revenues in the Agriculture customer segment. Additionally, higher costs and valuation effects from mining provisions impacted earnings.

2022 financial year
K+S achieves best result in the Company's history

“2022 was an outstanding year for K+S,” says Dr. Burkhard Lohr, Chairman of the Board of Executive Directors of K+S Aktiengesellschaft. EBITDA operating earnings more than doubled to €2.4 billion (2021: €1.1 billion). Group revenues increased to €5.7 billion (2021: €3.2 billion).

K+S Aktiengesellschaft
Change in the Board of Executive Directors of K+S

The Supervisory Board of K+S Aktiengesellschaft and Mr. Holger Riemensperger have mutually agreed on a separation, as Mr. Riemensperger will take on new challenges in another company. He will leave K+S at the end of February.

Test operations in a mine of the Werra plant
K+S tests electromobility underground

Fertilizer and salt producer K+S is testing the use of electromobility in its German mines. The suitability of the charging infrastructure and safety underground are currently being tested in addition to the everyday suitability and range of the vehicles in a mine at the Werra integrated plant. In the long term, electric vehicles are to replace diesel-powered vehicles in all K+S mines.

Expansion of the core business
K+S concludes agreement to acquire majority interest in distribution partner in South Africa

K+S has agreed to acquire 75 percent of the fertilizer business of Industrial Commodities Holdings (Pty) Ltd (ICH), a South African trading company. K+S and ICH signed a corresponding agreement yesterday. The new business will operate under the name Fertiva (Pty) Ltd. The balance of 25 percent of the shares in Fertiva will be held by two former ICH shareholders, who previously managed the fertilizer business at ICH, and who will now also form part of the Fertiva management team.

K+S Aktiengesellschaft
Dr. Carin-Martina Tröltzsch appointed to the Board of Executive Directors

The Supervisory Board of K+S Aktiengesellschaft has appointed Dr. Carin-Martina Tröltzsch as a further member of the Board of Executive Directors of the Company. She will assume her position at K+S on March 15, 2023.

Resolution on the federal electricity and gas price cap
K+S does not make use of energy defense shield

The Board of Executive Directors of K+S AG has decided not to make use of the cap on electricity and gas prices as of January 1, 2023, which was approved by the German parliament. In principle, however, the Board of Executive Directors welcomes the aid measures taken by the federal government to support particularly affected companies in Germany.

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