EANS-Adhoc: K+S Aktiengesellschaft
Second quarter revenues and operating
earnings EBIT I are significantly above the adjusted figures for the same period
last year as well as the consensus expectations
Outlook of the K+S Group for
2012 as a whole con
-------------------------------------------------------------------------------- ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- 30.07.2012 K+S Group's second quarter revenues and earnings are significantly above the corresponding previous year's figures which were adjusted because of the divestment of K+S Nitrogen and also significantly exceed the current consensus expectations due to a strong overseas business and a good early stocking-up in Europe in the Potash and Magnesium Products business segment. Therefore, key financial data for the second quarter are being released already today: Revenues of the K+S Group reached EUR 996.5 million (Q2/11: EUR 821.7 million) and operating earnings EBIT I reached EUR 219.8 million (Q2/11: EUR 181.9 million). For 2012 as a whole, K+S confirms outlook. A quantification will be published in the Half-yearly Financial Report H1/12; the ranges for the expectations regarding revenues and operating earnings EBIT I are specified already today: In the fiscal year 2012, revenues of the K+S Group should reach a figure between EUR 3.9 billion and EUR 4.2 billion (previous year: EUR 4.0 billion). Revenues in the Potash and Magnesium Products business segment, on the basis of the currently achieved potash price level, should increase moderately and revenues in the Salt business segment are expected to decline tangibly. Operating earnings EBIT I should reach a figure of between EUR 820 million and EUR 900 million (previous year: EUR 906.2 million). In the Potash and Magnesium Products business segment, slightly increasing (previously: stable) operating earnings are expected. In the Salt business segment, operating earnings might decline strongly in comparison to last year, which benefited from above-average volumes of de-icing salt. As planned, the K+S Group will release a detailed overview of the second quarter as well as a detailed forecast report in its Half-yearly Financial Report H1/12 on 14 August 2012. K+S Aktiengesellschaft Kassel, 30 July 2012 The Board of Executive Directors End of the Ad hoc Notification Further inquiry note: Julia Bock, CFA / Kai Kirchhoff Telefon: +49(0)561-9301-1009 / 1885 E-Mail: kai.kirchhoff@k-plus-s.com end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: K+S Aktiengesellschaft Bertha-von-Suttner-Straße 7 D-34131 Kassel phone: +49 (0)561 9301-1460 FAX: +49 (0)561 9301-2425 mail: investor-relations@k-plus-s.com WWW: http://www.k-plus-s.com sector: Chemicals ISIN: DE000KSAG888 indexes: DAX, Midcap Market Index, CDAX, Classic All Share, HDAX, Prime All Share stockmarkets: regulated dealing: Hannover, Berlin, München, Hamburg, Düsseldorf, Stuttgart, regulated dealing/prime standard: Frankfurt language: English
Original content of: K+S Aktiengesellschaft, transmitted by news aktuell