Skip to main content

K+S Group increases revenue and operating results

Published by
World Fertilizer,


K+S has reported an increase in revenue of more than 9% to € 812 million in 2Q18.

Growth was driven by higher sales volumes from the ramp up of the new Bethune potash plant in Canada and higher prices for potassium chloride and fertilizer specialties.

EBITDA also improved by 27% yr/yr for the Potash and Magnesium Products business unit. Higher prices and higher sales from increased production in Canada had a positive impact. Amongst others, this was offset by a still limited production in Germany.

“We are continuing to work hard implementing our new corporate ‘Shaping 2030’ strategy, without losing sight of our operations” says K+S CEO Dr. Burkhard Lohr. “With 'Shaping 2030', we will lead K+S into a sustainable, successful future.”

Read the article online at: https://www.worldfertilizer.com/special-reports/30082018/ks-group-increases-revenue-and-operating-results/

You might also like

 Plant Optimisation 2020

Plant Optimisation 2020

Professionals in the fertilizer sector can tune in from anywhere in the world and learn about the latest fertilizer plant optimisation innovations.

Register for your free space today »

 

Petrobas on sale of fertilizer unit in Paraná

Petróleo Brasileiro S.A. has informed that it has started the opportunity disclosure stage, referring to the sale of all its shares in Araucária Nitrogenados S.A.

 
 

Embed article link: (copy the HTML code below):