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    SDF   DE000KSAG888

K+S AG

(SDF)
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16.165 EUR   -0.28%
01/18K+S : UBS sticks Neutral
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

K+S : Proceedings at the FREP terminated

12/02/2021 | 03:41am EST

Press Release

Kassel (Germany), December 2, 2021

Proceedings at the FREP terminated

K+S has notified the German Financial Reporting Enforcement Panel (FREP - "DPR") in due time of the Company's agreement with the findings of the DPR's examination in accordance with Section 342b (5) of the German Commercial Code (HGB).

Once the DPR has forwarded the examination findings and K+S has given its consent to the BaFin, the proceedings at the DPR are terminated.

About K+S

We make an important contribution to society: We enable farmers securing the world's food supply. Our products keep numerous industries running. We enrich consumers' daily lives and ensure safety in winter. With around 11,000 employees, production sites on two continents, and a global distribution network, we are a reliable partner for our customers. At the same time, we are realigning ourselves: We are focusing even more strongly than before on fertilizers and specialties. We are becoming leaner, more cost-efficient, more digital, and more performance- oriented. On a solid financial basis, we are tapping into new markets and business models. We are committed to our responsibility towards society and the environment in all regions in which we operate. Learn more about K+S at www.kpluss.com.

K+S Aktiengesellschaft, Bertha-von-Suttner-Str. 7, 34131 Kassel/Germany, www.kpluss.com

Page 2 of the press release "Proceedings at the FREP terminated", December 2, 2021

Forward-looking statements

This press release contains facts and forecasts that relate to the future development of the K+S Group and its companies. The forecasts represent estimates that we have made on the basis of all the information available to us at the present time. Should the assumptions underlying these forecasts prove not to be correct or risks - such as those described in the risk report contained in the current Annual Report - materialize, actual developments and results may deviate from current expectations. The Company assumes no obligation to update the statements contained in this press release other than as required by law.

Your contact persons

Press:

Investor Relations:

Michael Wudonig

Julia Bock, CFA

Phone: +49 561 9301-1262

Phone: +49 561 9301-1009

michael.wudonig@k-plus-s.com

julia.bock@k-plus-s.com

K+S Aktiengesellschaft, Bertha-von-Suttner-Str. 7, 34131 Kassel/Germany, www.kpluss.com

Disclaimer

K+S AG published this content on 02 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 December 2021 08:40:02 UTC.


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Sales 2021 3 106 M 3 512 M 3 512 M
Net income 2021 1 827 M 2 066 M 2 066 M
Net Debt 2021 988 M 1 118 M 1 118 M
P/E ratio 2021 1,38x
Yield 2021 1,06%
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EV / Sales 2021 1,32x
EV / Sales 2022 1,01x
Nbr of Employees 10 738
Free-Float -
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Mean consensus OUTPERFORM
Number of Analysts 18
Last Close Price 16,21 €
Average target price 16,96 €
Spread / Average Target 4,63%
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Burkhard Lohr Chairman-Executive Board
Thorsten Boeckers Chief Financial Officer
Andreas Kreimeyer Chairman-Supervisory Board
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