K+S: expects EBITDA between E500m and E650m in 2024
(CercleFinance.com) - The group posted sales of E3.
87bn for 2023. Sales in the Agriculture segment were E2.7bn, down sharply on the previous year's record figure of E4.5bn.
In the Industry+ customer segment, sales fell only moderately in 2023 compared with the record levels of 2022, to E1.15bn (2022: E1.21bn).
The company achieved an EBITDA operating profit of around E712m (2022: E2,423m). The group's adjusted profit after tax amounted to E162m (2022: E1,494m).
For FY 2024, it expects EBITDA of E500m and E650m and adjusted free cash flow at least at break-even level.
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