K+s Ag · XETR:SDF
K+s — K+S Aktiengesellschaft — Q1 2025 Earnings Presentation
9 slides from K+s's earnings presentation, May 13, 2025
Slide 1: Q1/2025 Results
May 13, 2025 Q1/2025 Results Dr. Christian H. Meyer Dr. Jens Christian Keuthen CFO (designated CEO) Member of the BoED (designated CFO)
Slide 2: Disclaimer
Disclaimer No reliance may be placed for any purpose whatsoever on the information or opinions contained in the Presentation or on its completeness, accuracy of fairness. No representation or warranty, express or implied, is made or given by or on behalf of the Company or any of its respective direc
Slide 3: Q1/25 Highlights
Q1/25 Highlights Highlights Financials ▪ Q1/25 EBITDA at €201m (Q1/24: €200m) € million Q1/2024 Q1/2025 % ▪ Agriculture sales volume (excl. trade goods) Revenues 988 965 -2 at 1.97 mt (Q1/24 : 1.98 mt); ASP (excl. trade goods) at 325 €/t ▪ Q1/25 adj. FCF at €+32m (Q1/24: €+111m); WC build-up of €70m
Slide 4: ASP development in Agriculture customer segment
ASP development in Agriculture customer segment 2023 Q1/24 Q2/24 Q3/24 Q4/24 2024 Q1/25 Revenues € million 2,721.3 679.9 615.9 605.8 648.5 2,550.1 664.8 thereof trade goods (mainly specialties, Overseas) 67.0 19.5 56.3 49.3 33.4 158.4 24.7 Europe € million 1,202.9 344.7 270.5 270.9 296.4 1,182.5 357
Slide 5: Outlook
Outlook 5
Slide 6: Market outlook 2025
Market outlook 2025 ▪ We anticipate an increase in global potash demand for the year as a whole following the already high capacity utilization of the global potash market in 2024. Supply will remain limited. ▪ During the spring season, demand from many important sales markets had to be met simultan
Slide 7: Outlook 2025 raised
Outlook 2025 raised ▪ EBITDA expected between €560 and 640 million (previous forecast: €500-620 million; 2024: €558 million). ▪ Midpoint: price level achieved in Brazil at the end of April EBITDA will continue to have positive impact on other markets/ product groups and be maintained on average over
Slide 8: Housekeeping items / Financial calendar
Housekeeping items / Financial calendar Additional information on 2025 FY outlook – continuing operations ▪ Tax rate: 30% ▪ CapEx: €550m (2024: €531m) ▪ Cash interest: less than €-15m ▪ D&A: ~ €530m (2024: €560m) Financial calendar Annual General Meeting, virtual May 14, 2025 UBS Best of Europe One-
Slide 9: Investor Relations Contacts
Investor Relations Contacts Nathalie Frost Julia Bock, CFA Esther Beuermann Senior Investor Relations Manager Head of Investor Relations Senior Investor Relations Manager, ESG Expert Phone: + 49 561 / 9301-1403 Phone: + 49 561 / 9301-1009 Phone: + 49 561 / 9301-1679 Fax: + 49 561 / 9301-2425 Fax: +
K+S Aktiengesellschaft — Q1 2025 Earnings Presentation on 6ix