K+S Aktiengesellschaft

K+S Aktiengesellschaft — Shareholder Meeting (June 2020)

25 slides from K+S Aktiengesellschaft's shareholder meeting presentation, Jun 10, 2020

  1. Slide 1: Dr. Burkhard Lohr, Chairman of the Board of Executive Directors

    Dr. Burkhard Lohr Chairman of the Board of Executive Directors

  2. Slide 2: Slide 2

  3. Slide 3: With our products, we secure the essential supply of the population

    With our products, we secure the essential supply of the population 3 June 10, 2020 K+S Aktiengesellschaft / 2020 Annual General Meeting // 2019 financial year

  4. Slide 4: Group-wide prevention measures

    Group-wide prevention measures Production of disinfectants in our Shift times shortened own research and newly arranged center Intranet Distance regulations and newsfeed mandatory face-covering 4 June 10, 2020 K+S Aktiengesellschaft / 2020 Annual General Meeting // 2019 financial year

  5. Slide 5: Thank you for securing our supply!

    Thank you for securing our supply! 5 June 10, 2020 K+S Aktiengesellschaft / 2020 Annual General Meeting // 2019 financial year

  6. Slide 6: Difficult external conditions

    Difficult external conditions Mild winters Extreme drought 6 June 10, 2020 K+S Aktiengesellschaft / 2020 Annual General Meeting // 2019 financial year

  7. Slide 7: Package of measures to reduce debt

    Package of measures to reduce debt Objectives Measures  Realization of values  Sale of the Americas operating unit  Focus on our core business  Reduce complexity and refrain from marginal activities  New dimensioning of our resources / adjustment of administrative functions  Efficiency and pro

  8. Slide 8: OU Americas: Strong brands, stable market

    OU Americas: Strong brands, stable market 8 June 10, 2020 K+S Aktiengesellschaft / 2020 Annual General Meeting // 2019 financial year

  9. Slide 9: OU Americas: Realization of values

    OU Americas: Realization of values 1 Unique position on the salt market Revenue: EUR 1.5 billion (2019) | EBITDA: EUR 230 million (2019) Sales process proceeding as planned Pointe Claire, Québec Chicago Strong interest on part of the investors Target: Written sales agreement before the end of 2020 S

  10. Slide 10: OU Europe+: Bethune plant

    OU Europe+: Bethune plant 10 June 10, 2020 K+S Aktiengesellschaft / 2020 Annual General Meeting // 2019 financial year

  11. Slide 11: OU Europe+: Realization of values

    OU Europe+: Realization of values Bethune is an essential part of the company's future No sale of shares is planned Bethune Focusing on the core business in Europe ​ plant 09/2019​: Baltic Train sale completed Positive cash flow effect in the low single-digit million EUR range Kassel 12/2019​: K+S E

  12. Slide 12: Operational excellence and efficiency improvements at our sites

    Operational excellence and efficiency improvements at our sites 12 June 10, 2020 K+S Aktiengesellschaft / 2020 Annual General Meeting // 2019 financial year

  13. Slide 13: Wastewater-related shutdowns at the Werra plant belong to the past

    Wastewater-related shutdowns at the Werra plant belong to the past Temporary intermediate storage of up to 400,000 cubic meters Storage capacity increased to a total of 1,000,000 cubic meters Temporary storage underground 13 June 10, 2020 K+S Aktiengesellschaft / 2020 Annual General Meeting // 2019

  14. Slide 14: Constructive dialogue provides intelligent and efficient solutions

    Constructive dialogue provides intelligent and efficient solutions for the environment and our company  Agreement with BUND met significantly ahead of time  Reduction of unavoidable environmental burdens 14 June 10, 2020 K+S Aktiengesellschaft / 2020 Annual General Meeting // 2019 financial year

  15. Slide 15: The future K+S

    The future K+S  Debt reduced by more than EUR 2 billion by the end of 2021  Stable cross-over rating achieved  Positioned as a lean, future-oriented premium provider in the fertilizer business  High share of profitable specialty products 15 June 10, 2020 K+S Aktiengesellschaft / 2020 Annual Gene

  16. Slide 16: 2019 financial figures

    2019 financial figures

  17. Slide 17: Significant improvement in free cash flow

    Significant improvement in free cash flow EUR +346  Improved working capital 140 management  Strong cost discipline despite continued high environmental investments -206 FCF FCF 2018 2019 17 June 10, 2020 K+S Aktiengesellschaft / 2020 Annual General Meeting // 2019 financial year

  18. Slide 18: Successfully leveraged synergies

    Successfully leveraged synergies > EUR 150 million  Administration, Purchasing, Logistics, Production and Sales contribute to the synergies with over 1000 individual measures > 2/3 achieved  2/3 of target already achieved  Well on track to exceed the target of > EUR 150 million by the end of 2020

  19. Slide 19: Slight growth in revenue and EBITDA despite unfavorable conditions

    Slight growth in revenue and EBITDA despite unfavorable conditions REVENUE EBITDA  Further improvement - in EUR million - - in EUR million - in EBITDA for the third year in a row  Deteriorating +1% +6% conditions in the second half of the 4,071 year resulted in lower demand. 4,039 640 606  Reduct

  20. Slide 20: Between wishful thinking and reality

    Between wishful thinking and reality Classification of potash projects announced since 2006 (Greenfield) Announced projects or in Projects with a high early development phases probability of realization Projects in ramp-up by 2025 2 160 6 20 June 10, 2020 K+S Aktiengesellschaft / 2020 Annual General

  21. Slide 21: Dividend proposal

    Dividend proposal  Uncertainty in capital and financial markets  Securing liquidity generation 4 euro cents  Maintaining eligibility for (2019*) KfW funding 25 euro cents (2018) *Proposal 21 June 10, 2020 K+S Aktiengesellschaft / 2020 Annual General Meeting // 2019 financial year

  22. Slide 22: Q1/2020 figures

    Q1/2020 figures

  23. Slide 23: Q1/2020 figures

    Q1/2020 figures REVENUE EBITDA - in EUR million - - in EUR million -  As expected, negative impact through weaker potash prices and mild winter -26% -14% 270  High cost discipline 1,263 1,089  Higher earnings 201 contributions from the Industry and Consumer segments, especially in the Americas 

  24. Slide 24: Current market assessment and 2020 outlook

    Current market assessment and 2020 outlook

  25. Slide 25: Summary

    Summary  Reduction of debt by more than 2 billion euros  Solid basis, safeguards our future  Flexibility generates new opportunities  Global growth with profitable specialty products  The new K+S is a lean, agile supplier of fertilizers and profitable specialties 25 June 10, 2020 K+S Aktiengese

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