DGAP-Adhoc: K+S Aktiengesellschaft: K+S confirms significant increase of EBITDA for the year 2018, but misses current market expectations

2018. augusztus 09., csütörtök, 19:57





DGAP-Ad-hoc: K+S Aktiengesellschaft / Key word(s): Half Year Results/Forecast


K+S Aktiengesellschaft: K+S confirms significant increase of EBITDA for the year 2018, but misses current market expectations


09-Aug-2018 / 19:57 CET/CEST


Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.


The issuer is solely responsible for the content of this announcement.




The K+S Group is now expecting earnings before interests, taxes, depreciation and amortisation (EBITDA) in a range of EUR 660 to 740 million for the year 2018. This equals unchanged to a significant increase versus the previous year (EUR 577 million).

 

This range misses the current market expectations (Consensus by Vara Research GmbH as of 16 July 2018: EUR 797 million).

 

The EBITDA for the second quarter amounted to EUR 105.1 million (previous year: EUR 101.9 million). K+S continues to pursue the target of a positive free cash flow in 2019.

 

The company releases the half-yearly financial report on 14 August 2018.



Contact:

Investor Relations:

Lutz Grüten

Phone: +49 561 9301-1460

lutz.grueten@k-plus-s.com








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Language: English
Company: K+S Aktiengesellschaft

Bertha-von-Suttner-Str. 7

34131 Kassel

Germany
Phone: +49 561 9301 0
Fax: +49 561 9301 2425
E-mail: investor-relations@k-plus-s.com
Internet: www.k-plus-s.com
ISIN: DE000KSAG888
WKN: KSAG88
Indices: MDAX
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange





 
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