09.08.2018 K+S Aktiengesellschaft  DE000KSAG888

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


 
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 [email protected] --------------------------------------------------------------------------- 09-Aug-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- 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: [email protected] 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 End of Announcement DGAP News Service --------------------------------------------------------------------------- 712851 09-Aug-2018 CET/CEST