11.03.2004 – 07:54

K+S Aktiengesellschaft

euro adhoc: K+S Aktiengesellschaft
Revenues up slightly in 2003 / Net income almost on previous year’s level
Proposed dividend of EUR 1.00 per share once more
Extensive cost-cutting measures
Positive Outlook (E)

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.

In 2003, revenues increased by 1.3% to EUR 2,287.8 million. EBIT
totalled EUR 115.7 million (-12.9%). At EUR 101.3 million, net income
almost matched the figure of a year ago (-2.4%). Earnings per share
amounted to EUR 2.42 (2002: EUR 2.43 per share). Given the rising
trend in global fertilizer demand as well as extensive cost-cutting
measures, K+S takes a confident view of 2004 and about 2005 in
particular. The Board of Executive Directors and the Supervisory
Board intend to propose once again a dividend of EUR 1.00 per share
to the Annual General Meeting.

Full information is available on the Internet at
http://www.k-plus-s.com. A press conference and an analysts
conference will be held today at 10:00am and at 1:00pm respectively;
the latter conference can be followed live on the Internet.

end of announcement        euro adhoc 11.03.2004

Further inquiry note:

Christian Herrmann
Tel.: +49 (0)561 9301 1460
E-Mail: investor-relations@k-plus-s.com

Branche: Chemicals
ISIN: DE0007162000
WKN: 716200
Index: CDAX, Classic All Share, HDAX, MDAX, Midcap Market Index, Prime All Share, Prime
Standard
Börsen: Niedersächsische Börse zu Hannover / official dealing
Berliner Wertpapierbörse / official dealing
Bayerische Börse / official dealing
Hamburger Wertpapierbörse / official dealing
Börse Düsseldorf / official dealing
Baden-Württembergische Wertpapierbörse / official dealing
Frankfurter Wertpapierbörse / official dealing
Bremer Wertpapierbörse (BWB) / regulated dealing

Original-Content von: K+S Aktiengesellschaft, übermittelt durch news aktuell