K+S AG/€SDF

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About K+S AG

K+S AG is a German company that operates in the chemicals industry, primarily focusing on producing and marketing potash and salt products. With its headquarters located in Kassel, Germany, the company provides a range of products essential for agriculture and industrial applications, including fertilizers, de-icing salt, and food-grade salt. Founded in 1889, K+S AG has a significant historical presence and has expanded its operations globally. Its strategic positioning is strengthened by its extensive experience in mining and a broad network of distribution channels across Europe and North America. K+S AG leverages its expertise to address diverse market demands, maintaining a robust supply chain to support its international customer base.
Ticker
€SDF
Sector
Materials
Primary listing
XETRA
Employees
11,148
Headquarters
Kassel, Germany

K+S AG Metrics

BasicAdvanced
€2.9B
2.77
€5.91
0.23
€0.07
0.43%

Bulls say / Bears say

K+S lifted its 2026 operating EBITDA guidance to €680–760 million and raised its free cash flow forecast to a positive mid- to high-double-digit million-euro range after a stronger-than-expected Q2 performance, marking the second outlook upgrade of the year (Reuters)
The company reported Q2 2026 revenue of €978 million, 6 percent above consensus estimates, driven by higher potash production volumes and robust salt demand (Reuters)
K+S agreed to acquire Qemetica’s salt business for €350–380 million, adding sites that generated about €125 million in 2025 revenues and nearly €50 million in EBITDA, strengthening its European salt portfolio and diversifying specialty offerings (Reuters)
Adjusted free cash flow fell below market forecasts in H1 2026, reaching €101 million versus the last Vara estimate of €119 million, highlighting cash conversion lag despite improved earnings (K+S AG)
Major strategic projects such as the €600 million Werra 2060 renovation and the Bethune plant expansion are capital-intensive, potentially straining mid-term cash flows and delaying returns amidst market volatility (K+S AG)
Net financial position swung to a net debt of €73.5 million as of June 30, 2026 from a net asset position of €41.1 million at December 31, 2025 after issuing €320 million of convertible bonds, increasing leverage and interest obligations (FinancialFilings)
Data summarised monthly by Lightyear AI. Last updated on 24 Aug 2026.

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