K+S Aktiengesellschaft, DE000KSAG888

K+S Aktiengesellschaft, DE000KSAG888

09.08.2018 - 20:01:44

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

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 lutz.grueten@k-plus-s.com

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: investor-relations@k-plus-s.com 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

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