K+S beats Q2 revenue expectation, narrows EBITDA outlook

K+S AG

14/08/2024 06:00

Aug 14 (Reuters) - German potash and salt miner K+S
 SDFGn.DE  beat revenue expectations on Wednesday as it released
its second quarter results, helped by higher volume sales in its
agricultural segment.
        The firm reported a quarterly revenue of 874 million
euros  ($960.61 million), 5% above analysts' expectations of
831.7 million euros according to a consensus compiled by Vara
research.
    K+S also narrowed its range regarding its 2024 outlook for
earnings before interest, taxes, depreciation and amortization
(EBITDA), seeing it between 530-620 million euros, from a
previously expected 500-650 million euros.
($1 = 0.9098 euros)

 (Reporting by Tristan Veyet and Chiara Holzhaeuser in Gdansk;
Editing by Muralikumar Anantharaman)
 ((Tristan.Chabba@thomsonreuters.com;))