DGAP-Ad-hoc: K+S Aktiengesellschaft / Key word(s): Forecast
The Board of Executive Directors of K+S Aktiengesellschaft today raised the EBITDA outlook for 2021 again to between EUR 700 million and EUR 800 million (previously EUR 500 million to EUR 600 million, both including the expected one-off gain from the REKS transaction of around EUR 200 million).
The improvement in earnings compared to the previous outlook is mainly due to expected higher average prices in the Agriculture customer segment and a strong industry business.
The closing of the REKS joint venture is now expected in the fourth quarter of 2021 (previously in summer 2021) after completion of the review by the antitrust authorities.
The company will publish its complete Half-Year Financial Report on August 12, 2021.
Phone: +49 561 9301-1460
03-Aug-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
|Phone:||+49 561 9301 0|
|Fax:||+49 561 9301 2425|
|Listed:||Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange|
|EQS News ID:||1223607|
|End of Announcement||DGAP News Service|
1223607 03-Aug-2021 CET/CEST