K+S Aktiengesellschaft (KPLUY) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the KMS first quarter 2025 learning score. My name is James and I'll be your ethical webinar host. Please note that all attendees are in a listen-only mode until the Q&A portion of the call, at which point you'll have an opportunity to ask questions live. I will now hand over to Julia from KMS for some technical notes. Ladies and gentlemen, also from my side, welcome to our call. We hope you've had a chance to review our posted slides as well as our Q1 documents available on our website. After the opening remarks by Christian Meyer, we will jump directly into the Q&A session. Some technical notes. Please refer to our disclaimer on page two of the presentation. A note on data privacy. Please be aware that the team session will be recorded, webcast, and available as an audio replay on our homepage afterwards. People who ask a question in the team session should be clear that by switching on their camera and microphone, they agreed to the recording and replay of video and audio sequences. Before we start into the opening remarks of our quarter, I would like to tell you that our IR team member, Natalie Frost, is moving on within K plus S. She will be heading our forecast and planning department as part of the controlling department from June onwards. Also, I will miss her a lot. I'm very proud that she will do this step. I enjoyed working with Natalie very much. Thank her a lot for all her efforts and wish her all the best in the new role. Now, I would like to hand over to Christian Meyer, our CEO as of June, for the opening remarks. Thank you, Giga. And welcome from my side as well. As we announced at the end of April, first quarter EBITDA and pre-cash flow are significantly above our annual expectations. This was driven by the higher ASP in agriculture, our ...