K+s Ag · XETR:SDF
K+s — K+S Aktiengesellschaft — Q4 2024 Earnings Presentation
9 slides from K+s's earnings presentation, Mar 14, 2025
Slide 1: FY/2024 Results
March 13, 2025 FY/2024 Results Dr. Burkhard Lohr Dr. Christian H. Meyer Dr. Jens Christian Keuthen CEO CFO Member of the BoED
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: Q4/24 Highlights
Q4/24 Highlights Highlights Financials ▪ Q4/24 EBITDA at €164m (Q4/23: €162m) € million Q4/2023 Q4/2024 % ▪ Agriculture sales volume (excl. trade goods) Revenues 974 926 -5 at 1.96 mt (Q4/23: 2.01 mt) ▪ Q4/24 adj. FCF at €-49 (Q4/24: €-17m); FY/24: €62m (FY/23: €311m) t/o Agriculture 682 649 -5 t/o
Slide 4: ASP development in Agriculture customer segment
ASP development in Agriculture customer segment Q1/23 Q2/23 Q3/23 Q4/23 2023 Q1/24 Q2/24 Q3/24 Q4/24 2024 Revenues € million 861.4 557.0 620.7 682.2 2,721.3 679.9 615.9 605.8 648.5 2,550.1 thereof trade goods (mainly specialties, Overseas) 12.2 18.3 19.3 17.2 67.0 19.5 56.3 49.3 33.4 158.4 Europe €
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 utilisation of the global potash market in 2024. ▪ This has already led to tangible price recoveries in the important overseas market of Brazil at the beginning of the
Slide 7: Outlook 2025 – At midpoint, stable EBITDA vs. 2024
Outlook 2025 – At midpoint, stable EBITDA vs. 2024 expected, adjusted FCF projected to at least break even ▪ EBITDA between €500 and 620 million EBITDA (2024: €558 million). 2,423 ▪ Upper end assumes further tangible price increase of MOP prices in Brazil radiating into other markets and being kept
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 Roadshow Frankfurt am Main – Dr. Christian H. Meyer Mar 18, 2025 JP
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: +
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