Handout - K+S Aktiengesellschaft

K+S Group
Salt
Revenues (€ billion) EBIT (€ million)
Highlights 9M/12
1.27
1.06
0.31 0.32
Q3/11 Q3/12 9M/11 9M/12
163
39
13 5
Q3/11 Q3/12 9M/11 9M/12
• Europe: As a result of the mild and dry weather
conditions at the beginning of the year, the demand
for de-icing salt was unusually weak, particularly
compared to the above-average 9M/11, but also
compared to the long-term average sales volume.
1.7 1.7
1.5
238
211
87
2010 2011 LTM* 2010 2011 LTM*
• North-America: On the US East Coast, too, the
demand was very weak due to the unusually mild
winter, and it was below average in Canada. Most
producers responded to high inventories by cutting
back production.
De-icing salt
43%
Revenue split 2011 Outlook 2012**
By product group By region • As a result of the extraordinarily weak start of the
Other
South America
4%
de-icing salt business, a significant reduction of
9%
sales volumes is expected.
Food grade
salt 18%
Industrial salt
29%
North America
64%
• Sales volume forecast of 18-19 million tonnes of
crystallised salt (2011: 22.7 million tonnes).
• Tangible decrease in revenues and strong decrease
in operating earnings compared to above-average
Salt for
chemical use 6%
2011.
January 2013 * LTM=Last twelve months as of 30 September 2012
K+S Group 28
** Outlook statement as of 6 November 2012
Europe
27%