Sale after 10% did not materialize in 2024 and subsequent purchase was!
Dividend was also massively reduced.
1/5 of the vacation financed with it.
K+S's first quarter figures are due on May 13. However, the company has already published key data in advance. EBITDA is expected to be 201 million euros (previous year: 200 million euros). The consensus forecast was 175 million euros. The adjusted cash flow of 32 million euros (previous year: 111 million euros) is also above the ...
Following these initial figures, K+S is raising its outlook for the year as a whole. The Kassel-based company expects an EBITDA of 560 million euros to 640 million euros (previous year: 500 million euros to 620 million euros). The consensus currently stands at 581 million euros. The adjusted free cash flow is expected to be slightly positive (previously: at least balanced). The market is assuming 18 million euros here.
Deutsche Bank analysts were expecting EBITDA of 185 million euros at the start of the year. This also exceeds their expectations.
They confirm their sell recommendation for K+S shares. The target price remains at 10.50 euros.
