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K+S Group Announces Revised EBITDA Above View, Stock Gains

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

K+S Aktiengesellschaft (SDF.DE), Tuesday announced updated financial outlook for the first quarter and fiscal year 2025, citing the positive development in the potash market.

The company projects EBITDA of 201 million euros for the first quarter. Meanwhile, it now expects EBITDA of 560-640 million euros for the full year 2025 instead of previously estimated 500-620 million euros.

The German chemical company added that Vara consensus estimated EBITDA of 175 million euros and 581 million euros for the first quarter and full year 2025, respectively.

Currently, SDF.DE is climbing 3.50 percent, to 14.78 euros on the XETRA.

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