K+s Ag · XETR:SDF
K+s — K+S Aktiengesellschaft — Q2 2026 Earnings Presentation
9 slides from K+s's earnings presentation, Aug 12, 2026
Slide 1: H1/2026 Results
August 12, 2026 H1/2026 Results Dr. Christian H. Meyer Dr. Jens Christian Keuthen 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 or 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: Highlights Q2/26
Highlights Q2/26 Highlights Financials € million Q2/25 Q2/26 % ▪ Q2/26 EBITDA at €176 million (Q2/25: €110 million) ▪ Agriculture sales volumes (excl. trade goods) at 1.90 million tonnes Revenues 871 978 +12 (Q2/25: 1.74 million tonnes); ASP (excl. trade goods) at €343/t t/o Agriculture 618 700 +13
Slide 4: ASP development in the Agriculture customer segment
ASP development in the Agriculture customer segment 2024 Q1/25 Q2/25 Q3/25 Q4/25 2025 Q1/26 Q2/26 Revenues € million 2,550.1 664.8 617.8 615.3 649.8 2,547.7 678.1 700.3 (mainly specialties, thereof trade goods overseas) 158.4 24.7 32.2 27.9 35.7 120.5 16.2 45.9 Europe € million 1,182.5 357.4 289.6 2
Slide 5: Outlook
Outlook
Slide 6: Market outlook Agriculture
Market outlook Agriculture Potash demand growing further ▪ Global potash demand remains robust and is expected to exceed 2025 levels, supported by strong demand in key markets such as Brazil, China and India, while supply remains limited and global capacity utilization high. ▪ High market utilizatio
Slide 7: Guidance 2026
Guidance 2026* Guidance raised to range from €680 million to €760 million; mid point corresponds to full-year market expectation EBITDA (in € million) ▪ EBITDA expected to range between €680 mln and €760 mln (previous forecast: €630 mln to €730 mln). ▪ Higher end: If the overseas price increase cont
Slide 8: Housekeeping items / Financial calendar
Housekeeping items / Financial calendar Additional information on 2026 FY outlook – continuing operations ▪ Tax rate: 30% ▪ Cash interest: ~ €-20 million ▪ CapEx: about €600 million (2025: €546 million) ▪ D&A: about €420 million (2025: €458 million) Financial calendar Quiet period prior to the repor
Slide 9: Investor Relations @ K+S Aktiengesellschaft
Investor Relations @ K+S Aktiengesellschaft Julia Bock, CFA Head of Investor Relations & Corporate Secretary Phone: + 49 561 / 9301-1009 Fax: + 49 561 / 9301-2425 julia.bock@k-plus-s.com Esther Beuermann, MBA Senior Investor Relations Manager Phone: + 49 561 / 9301-1679 Fax: + 49 561 / 9301-2425 est
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