K+S Group: Foundations Laid for Growth

The K+S Group has improved in all of its key indicators in the 2017 financial year: revenues rose to € 3.6 billion (previous year: € 3.5 billion), operating earnings EBIT I increased to € 271 million (previous year: € 229 million) and earnings before interest, taxes, depreciation and amortisation (EBITDA) were lifted to € 577 million (previous year: € 519 million).

The Board of Executive Directors and the Supervisory Board intend to propose a dividend of € 0.35 per share (previous year: € 0.30 per share) at the Annual General Meeting on May 15th, 2018; this corresponds to a pay-out ratio of 46 percent (previous year: 44 percent) of the adjusted Group earnings after taxes.

Dr Burkhard Lohr, CEO of K+S, said:

“Even though 2017 was a year shaped by transition, we reached our targets, laying a strong foundation for our future.”

Click here to read the full text release.

 

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