K+s Ag · XETR:SDF
K+s — K+S Aktiengesellschaft — Q3 2024 Earnings Presentation
9 slides from K+s's earnings presentation, Nov 14, 2024
Slide 1: Q3/2024 Results
November 14, 2024 Q3/2024 Results Dr. Burkhard Lohr Dr. Christian H. Meyer CEO 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: Q3/24 Highlights
Q3/24 Highlights Highlights Financials ▪ Q3/24 EBITDA at €66m (Q3/23: €72m) € million Q3/2023 Q3/2024 % ▪ Agriculture sales volume (excl. trade goods) Revenues 881 866 -2 at 1.80 mt (Q3/23: 1.84 mt) ▪ Q3/24 adj. FCF at €24m (Q3/23: €55m); 9M/24: €111m (9M/23: €328m) t/o Agriculture 621 606 -2 t/o In
Slide 4: ASP development in Agriculture customer segment
ASP development in Agriculture customer segment 2022 Q1/23 Q2/23 Q3/23 Q4/23 2023 Q1/24 Q2/24 Q3/24 Revenues € million 4,465.6 861.4 557.0 620.7 682.2 2,721.3 679.9 615.9 605.8 Europe € million 1,671.6 340.1 231.9 300.1 330.8 1,202.9 344.7 270.5 270.9 Overseas USD million 2,931.6 559.3 353.9 349.0 3
Slide 5: Outlook
Outlook 5
Slide 6: Market outlook 2024
Market outlook 2024 ▪ Supply volumes from Russia and Belarus to again increase in 2024 reaching the pre- war levels of 2021 ▪ Increase of potash demand expected as well ▪ No oversupply expected ▪ Demand for Industry+ should develop positively overall 6
Slide 7: Outlook 2024 – K+S confirms FCF and specifies EBITDA
Outlook 2024 – K+S confirms FCF and specifies EBITDA ▪ EBITDA assumption specified: Now expected at EBITDA about €540 million and, therefore, rather at the lower end of the previously forecast EBITDA range of €530 to €620 million. ▪ Agriculture sales volumes now expected to range 2,423 between 7.4 a
Slide 8: Housekeeping items / Financial calendar
Housekeeping items / Financial calendar Additional information on 2024 FY outlook – continuing operations ▪ Tax rate: 30% ▪ CapEx: €550m (2023: €525m) ▪ Cash interest: less than €-15m (2023: €-15m) ▪ D&A: ~ €490m (2023: €456m) Financial calendar Kepler Cheuvreux Global Agriculture Forum, virtual – C
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 — Q3 2024 Earnings Presentation on 6ix