04.11.2020 K+S Aktiengesellschaft  DE000KSAG888

DGAP-Adhoc: K+S Aktiengesellschaft: Impairment - K+S Cleans Up Balance Sheet


 

DGAP-Ad-hoc: K+S Aktiengesellschaft / Key word(s): Miscellaneous
K+S Aktiengesellschaft: Impairment - K+S Cleans Up Balance Sheet

04-Nov-2020 / 13:44 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 Board of Executive Directors has adjusted its long-term assumptions against the background of the realignment of the Company and the sale of the Americas operating unit. This mainly concerns the long-term potash price assumption as well as a higher cost of capital rate. Based on the current potash price level, K+S expects prices to continue to rise in the short and medium term. However, the assumption regarding the long-term price trend is now lower than previously assumed. Overall, this results in a one-off, non-cash impairment loss on assets in the Europe+ operating unit of about € 2 billion. This special impairment will be made for the third quarter of 2020 and will have a corresponding negative impact on adjusted net income after taxes and ROCE, but will not lead to a liquidity outflow.

Based on the operating performance in the third quarter, the outlook for EBITDA in 2020 of about €480 million after one-time restructuring expenses is confirmed.

The detailed figures for the third quarter of 2020 will be published on November 12, 2020.

More information on the impairment and the outlook of K+S is available at www.kpluss.com.



Contact:
Investor Relations:
Dirk Neumann
Phone: +49 561 9301-1460
[email protected]

04-Nov-2020 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
EQS News ID: 1145452

 
End of Announcement DGAP News Service

1145452  04-Nov-2020 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1145452&application_name=news&site_id=boersengefluester_html


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 3.627,00 4.039,10 4.070,70 2.432,10 3.213,10 5.676,60 3.872,60
EBITDA1,2 576,70 606,30 640,40 266,90 969,10 2.422,90 712,40
EBITDA-Marge3 15,90 15,01 15,73 10,97 30,16 42,68
EBIT1,4 270,80 226,90 208,50 39,90 676,60 1.979,10 256,30
EBIT-Marge5 7,47 5,62 5,12 1,64 21,06 34,86 6,62
Jahresüberschuss1 184,60 42,20 88,90 -1.890,80 2.983,20 1.508,30 210,20
Netto-Marge6 5,09 1,04 2,18 -77,74 92,85 26,57 5,43
Cashflow1,7 306,80 308,70 639,80 428,50 326,90 1.391,90 821,00
Ergebnis je Aktie8 0,90 0,22 0,46 -8,96 15,59 7,88 1,12
Dividende8 0,35 0,25 0,04 0,00 0,20 1,00 0,30
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: PricewaterhouseCoopers

INVESTOR-INFORMATIONEN
©boersengefluester.de
K+S
WKN Kurs in € Einschätzung Börsenwert in Mio. €
KSAG88 12,670 Halten 2.269,20
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
15,84 17,83 0,89 6,04
KBV KCV KUV EV/EBITDA
0,36 2,76 0,59 3,02
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
1,00 0,70 5,52 14.05.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
13.05.2024 14.08.2024 14.11.2024 14.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-7,95% -11,96% -11,46% -16,31%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu K+S Aktiengesellschaft  ISIN: DE000KSAG888 können Sie bei EQS abrufen


Rohstoffe , KSAG88 , SDF , XETR:SDF