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SDFGn.DE on Xetra

23 Feb 2018
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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

K+S settles environmental dispute with Gerstungen municipality

FRANKFURT German potash miner K+S has settled a dispute with Gerstungen in Thuringia over the municipality's drinking water, allowing K+S to continue producing potash in the region.