Handout - K+S Aktiengesellschaft
Handout - K+S Aktiengesellschaft
Handout - K+S Aktiengesellschaft
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<strong>K+S</strong> Group<br />
Potash and Magnesium Products<br />
Revenues (€ billion) EBIT (€ million)<br />
Highlights 9M/12<br />
0.51<br />
Industrial<br />
products<br />
14%<br />
0.56<br />
Fertilizer<br />
specialities 38%<br />
1.59<br />
By product group<br />
1.81<br />
Q3/11 Q3/12 9M/11 9M/12<br />
1.9<br />
2.1<br />
2.4<br />
2010 2011 LTM*<br />
• After there was still cautious early stocking-up of<br />
fertilizers at the start of the year, the demand<br />
developed positively during Q2.<br />
• In Q3/12, due to the attractive prices for agricultural<br />
raw materials, demand was at a good level for<br />
agricultural raw materials demand was at a good level<br />
in the markets relevant for <strong>K+S</strong>. However, against the<br />
backdrop of still outstanding contract conclusions in<br />
China and India, international prices for potassium<br />
chloride came under pressure, but overall were<br />
moderately above those of Q3/11.<br />
Revenue split 2011 Outlook 2012**<br />
Potassium<br />
chloride 48%<br />
171<br />
476<br />
2010 2011 LTM*<br />
Asia<br />
20%<br />
159<br />
By region<br />
South<br />
America<br />
19%<br />
North America<br />
3%<br />
558<br />
608<br />
Q3/11 Q3/12 9M/11 9M/12<br />
740 789<br />
Africa, Oceania<br />
5%<br />
Europe<br />
53%<br />
• Sales volumes expected at 6.9 million t<br />
(2011: 6.9 million t)<br />
• Moderately increasing average price level<br />
expected compared to 2011**<br />
• Moderately increasing revenues and tangibly higher<br />
unit costs should result in stable operating earnings.<br />
* LTM=Last twelve months as of 30 September 2012<br />
January 2013<br />
* * Outlook as of 6 November 2012; In line with our customary, purely technical forecast policy, which maintains the<br />
currently achieved potash price level unchanged for the remainder of 2012<br />
<strong>K+S</strong> Group 8