DGAP-Adhoc: K+S Aktiengesellschaft: EBIT I in second quarter 2016 significantly below previous year

K+S Aktiengesellschaft  / Key word(s): Profit Warning/Profit Warning

27.06.2016 12:21

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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On the basis of preliminary figures, EBIT I for the K+S Group results to
around EUR 10 million in the second quarter 2016 (Q2/15: EUR 179.2
million).
 
Reasons for the deviation are a significantly lower average selling price
in the potash and magnesium products business unit (Q2/15: EUR 310 per ton)
and unexpectedly high production outages due to the limited deep-well
injection permit for liquid residues at the Werra plant. In the business
unit Salt lower pre-buying sales for de-icing products led to a significant
volume decline primarily in North America.

The Company will release the complete half-yearly financial report on
August 11th, 2016.


27.06.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap.de

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Language:     English
Company:      K+S Aktiengesellschaft
              Bertha-von-Suttner-Str. 7
              34131 Kassel
              Germany
Phone:        +49 561 9301 0
Fax:          +49 561 9301 2425
E-mail:       investor-relations@k-plus-s.com
Internet:     www.k-plus-s.com
ISIN:         DE000KSAG888
WKN:          KSAG88
Indices:      MDAX
Listed:       Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime
              Standard), Hamburg, Hanover, Munich, Stuttgart; Terminbörse
              EUREX
 
End of Announcement                             DGAP News-Service
 
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