K+S: expects EBITDA between 500 and 650 ME in 2024


(CercleFinance.com) – The group achieved a turnover of 3.87 billion euros in 2023. The turnover of the Agriculture segment stood at 2.7 billion euros, down significantly compared to the record figure of the previous year (4.5 billion euros).

In the Industry+ customer segment, turnover fell only moderately in 2023 compared to the record levels of 2022 to reach a total of 1.15 billion euros (2022: 1.21 billion euros ).

The company achieved an EBITDA operating profit of approximately €712 million (2022: €2,423 million). The group’s adjusted profit after tax amounted to €162 million (2022: €1,494 million).

For the 2024 financial year, the group expects EBITDA between 500 and 650 million euros and adjusted free cash flow which should at least break even.

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