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K&S AG (SDFGn.DE)

SDFGn.DE on Xetra

16.69EUR
6:15am EDT
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€0.12 (+0.75%)
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€16.57
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€16.81
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€16.91
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€16.67
Volume
368,970
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1,729,846
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€32.46
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€15.81

Latest Key Developments (Source: Significant Developments)

K+S says Thorsten Boeckers to succeed Burkhard Lohr as CFO in May 2017
Wednesday, 31 Aug 2016 12:09pm EDT 

K+S : Says Thorsten Boeckers to succeed Burkhard Lohr as CFO from Mai 12, 2017 . Says Boeckers has served as head of investor relations .Burkhard Lohr to take over as CEO, as previously announced [nRSD13WdQh].  Full Article

K+S says Burkhard Lohr to become new chairman of board of directors
Wednesday, 24 Aug 2016 11:24am EDT 

K+S AG : K+S Aktiengesellschaft: Dr. Burkhard Lohr to become new chairman of the board of executive directors . Says Burkhard Lohr to become new chairman of board of executive directors . Says supervisory board of K+S Aktiengesellschaft appointed Dr. Burkhard lohr new chairman of board of executive directors .Says Lohr to take over with effect from 12 May 2017.  Full Article

K+S likely to reach low end of guidance if permit isn't granted soon
Thursday, 11 Aug 2016 06:04am EDT 

K+S : CFO says if company doesn't receive deep-well injection permit soon, earnings will likely reach only lower end of forecast range . Fully financed from today's point of view - CFO . CFO says cannot yet say when deep-well injection permit could come, but don't believe that we'll get nothing this year Further company coverage: [SDFGn.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

K+S says buys fertilizer assets from Huludao Magpower
Thursday, 14 Jul 2016 07:30am EDT 

K+S : Buys fertilizer assets from huludao magpower fertilizers co., ltd. . Says price is in low two-digit million eur range . Says transaction to close by end-year Further company coverage: [SDFGn.DE] (Frankfurt newsroom) ((+49 69 7565 1270; Reuters Messaging: frankfurt.newsroom@thomsonreuters.net)).  Full Article

K+S says production at Unterbreizbach site resumed until July 14
Monday, 11 Jul 2016 05:11am EDT 

K+S : Says production at Unterbreizbach site resumed . Says production likely to be continued until July 14 . Says production remains suspended at Hattorf site Further company coverage: [SDFGn.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

K+S says so far this quarter potash production down more than 400,000 tonnes due to environmental regulation
Monday, 27 Jun 2016 06:30am EDT 

K+S : Says potash production shortfall of more than 400,000 tonnes so far this quarter due to environmental regulation . Says supply shortages cannot be ruled out within the following months Further company coverage: [SDFGn.DE] (Frankfurt Newsroom) ((Frankfurt.newsroom@thomsonreuters.com; +49 7565 1272;)).  Full Article

K+S sees floor in prices for potash products in Brazil
Tuesday, 10 May 2016 05:07am EDT 

K+S AG analyst call: CFO says seeing floor in prices for potash, magnesium products in Brazil Full story [nL5N1870QG] Further company coverage: [SDFGn.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

K + S AG issues Schuldschein worth 600 million euros
Monday, 2 May 2016 08:00pm EDT 

K + S AG:Issues Schuldschein worth 600 million euros.Proceeds from the issue to increase financial flexibility, for instance to reduce drawings against the existing credit line.  Full Article

K + S AG to suspend production at Hattorf and Unterbreizbach mines - Reuters News
Tuesday, 29 Mar 2016 03:32am EDT 

K + S AG:K+S said that limits imposed by local authorities on salt waste water disposal are forcing it to temporarily suspend production at two mines. - RTRS.Potash production at the Hattorf and Unterbreizbach sites will be temporarily suspended from Friday, April 1, it said in a statement on Tuesday.The company said when production could be resumed would depend on the weather. A regional environmental regulator last year gave only provisional approval for the disposal of waste water via deep-well injection into porous layers of rock and imposed strict limits.K+S has since then relied on discharge into the river Werra, which in turn is governed by the river's water levels to control its salt content.K+S reiterated on Tuesday it expects the limits on deep-well injection to be lifted as part of final approval for deep-well injection until 2021 which it hopes to receive by summer of this year.  Full Article

K + S AG gives FY 2016 outlook, confirms FY 2020 forecast, proposes dividend
Thursday, 10 Mar 2016 01:00am EST 

K + S AG:Prudent outlook for 2016 despite tentative signs of recovery: significant decline in earnings expected.Group revenues in the 2016 financial year should therefore decrease moderately year over year, while operating earnings EBITDA and EBIT I are expected to be significantly lower.2016 adjusted group earnings after taxes should follow developments in operating earnings and thus also be significantly below last year’s numbers.Mid-term prospects: still sees EBITDA of around 1.6 billion euros in 2020.Higher proposed dividend: 1.15 euros per share (2014: 0.90 euros per share).FY 2015 reported operating earnings (EBIT I) at 782 million euros.FY 2015 reported revenues at 4.2 billion euros.FY 2015 reported EBITDA at 1.1 billion euros.  Full Article

Interim waste water report prolongs uncertainty for K+S

FRANKFURT The interim results of a German environmental regulator's probe into waste water discharge by K+S will keep the potash mining company in limbo, with hundreds of thousands of tonnes of potential potash production at risk.