Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Xetra  >  K+S    SDF   DE000KSAG888

K+S

(SDF)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector news

K+S : The island in the Hautsee will float again!

share with twitter share with LinkedIn share with facebook
share via e-mail
01/22/2020 | 07:43am EDT

'We are pleased that the cooperation agreement provides us with a viable basis for working together with our partners to improve the ecological condition of water bodies and in nature conservation,' said Ingo Romoth, commercial manager of the K+S Werra plant, on the occasion of the signing of the agreement. The cooperation focuses primarily on projects with which the habitats and populations of rare animal and plant species can be promoted in order to improve the natural environment as a whole.

Long-term preservation and care concepts in place

On the basis of scientific recommendations by the Thuringian Species Protection Working Group, concrete measures are jointly evaluated, selected and implemented in practice by ThüringenForst and the members of the Association for Fishing and Nature Conservation with the professional support of K+S. 'ThüringenForst also makes suitable areas available if required. In this way, long-term conservation and care concepts are to be used to achieve a structurally rich improvement of the natural environment in favor of specialized and rare species of flora and fauna in Thuringia,' explains Volker Gebhardt, ThuringiaForst Board Member. At the same time, the selected projects are intended to compensate for unavoidable interventions in the natural environment through potash production. One focus will therefore be on water bodies and water-related habitats, which should primarily be located in the area of the Hesse-Thuringia state border.

First joint project: The renaturalization of the island in the Hautsee

In a first joint project, the floating island on the Hautsee is to be made buoyant again with the involvement of the Wartburg District's Lower Nature Conservation Authority. Using special techniques, trees will be felled on the island and transported away. Their weight, in addition to the fact that they are rooted in the bottom of the lake, had the effect that the island could no longer float.

The natural monument Hautsee with floating island

Natural monuments are areas of landscape or individual natural formations that are protected because of their special features, their ecological significance, or for other reasons. The Hautsee in the Wartburgkreis is a lake of about 1.6 hectares, which was created by a sinkhole. It was first mentioned in documents in 1486 as 'Kleiner Elfensee'. The island floating on it is the result of siltation processes which have produced a special form of swinging grass. After an observer had compared the island with the skin on milk in 1778, the lake was given the name in common use today. Already in 1977 the lake was put under protection as a natural monument. It belongs to the FFH area 'Erdfallgebiet Frauensee'.

The lost buoyancy was already a problem in the middle of the 19th century, which was solved because the 'curiosity' could not be abandoned. Today, the use of efficient special technology provides all the prerequisites for making the island 'float' again.

About K+S

K+S considers itself a customer-focused, independent minerals company for the Agriculture, Industry, Consumers, and Communities segments and wants to grow the EBITDA to € 3 billion by 2030. Our more than 14,000 employees enable farmers to provide nutrition for the world, solutions that keep industries going, improve daily life for consumers and provide safety in the winter. We continually meet the growing demand for mineral products from production sites in Europe, North and South America as well as a worldwide sales network. We strive for sustainability because we are deeply committed to our responsibilities to people, environment, communities and economy in the regions in which we operate. Learn more about K+S at www.kpluss.com.

Disclaimer

K+S AG published this content on 22 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 January 2020 12:43:01 UTC

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on K+S
03/25K+S AKTIENGESELLSCHAFT : Release according to Article 40, Section 1 of the WpHG ..
EQ
03/23K+S AKTIENGESELLSCHAFT : Release according to Article 40, Section 1 of the WpHG ..
EQ
03/11European shares lose for fifth day as BoE stimulus fails to entice buyers
RE
03/11STRATEGIC COMPANY DECISION : K+S is driving the complete sale of the Operating U..
PU
03/11K+S : is driving the complete sale of the Operating Unit Americas forward and is..
PU
03/11K+S AKTIENGESELLSCHAFT : K+S is driving the complete sale of the Operating Unit ..
EQ
03/09K+S AKTIENGESELLSCHAFT : Release according to Article 40, Section 1 of the WpHG ..
EQ
03/04K+S : Infosys to Transform K+S' Infrastructure to NextGen Agile and Flexible Hyb..
AQ
01/22European shares drop from record high on threat of U.S. auto tariffs
RE
01/22K+S : The island in the Hautsee will float again!
PU
More news
Financials (EUR)
Sales 2020 3 986 M
EBIT 2020 121 M
Net income 2020 8,59 M
Debt 2020 3 556 M
Yield 2020 2,61%
P/E ratio 2020 -415x
P/E ratio 2021 8,02x
EV / Sales2020 1,16x
EV / Sales2021 1,07x
Capitalization 1 054 M
Chart K+S
Duration : Period :
K+S Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends K+S
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 22
Average target price 8,30  €
Last Close Price 5,51  €
Spread / Highest target 339%
Spread / Average Target 50,7%
Spread / Lowest Target -49,1%
EPS Revisions
Managers
NameTitle
Burkhard Lohr Chairman-Executive Board
Andreas Kreimeyer Chairman-Supervisory Board
Mark Roberts Chief Operating Officer
Thorsten Boeckers Chief Financial Officer
Jella Susanne Benner-Heinacher Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
K+S-53.25%1 116
SOCIEDAD QUÍMICA Y MINERA DE CHILE S.A.-20.94%5 935
THE SCOTTS MIRACLE-GRO COMPANY-5.75%5 693
PHOSAGRO0.40%4 116
ISRAEL CHEMICALS LTD.-34.89%4 073
UPL LIMITED2.64%3 312