Company Presentation
Information for investors, analysts, and interested parties Publication March 2024
Table of contents
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1 | 7 K+S Group
K+S Conspect
The roots of the K+S Group date back to the middle of the 19th century. At that time, miners in Germany exploited the world's first potash deposits and started fertilizer production.
Today, the K+S Group is an internationally oriented raw materials company with production sites in Europe and North America.
Mining of potash and salt on two continents
About 11.000 employees worldwide
K+S Group financials FY 2023
Revenues | EBITDA |
€3,872.6 million | €712.4 million |
Adjusted free | EBITDA margin |
cash flow | 18.4% |
€311.2 million |
K+S strives for sustainability and acknowledges
its responsibility towards people, the environment, communities, and the economy in the regions in which it operates.
The claim is to enrich life for generations and to be a pioneer for environmentally friendly and sustainable mining.
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Board of Executive Directors
Dr. Burkhard Lohr
Chief Executive Officer
Mandate until May 31, 2025
Dr. Carin-Martina Tröltzsch
Chief Operating Officer
Mandate until February 19, 2026
Dr. Christian H. Meyer
Chief Financial Officer Mandate until March 14, 2026
Christina Daske
Labor Director
Mandate until December 01, 2026
For current information on the responsibilities of the individual members of the Board of Executive Directors, please refer to our bylaws which can also be found on the K+S website at: www.kpluss.com/executivedirectors
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K+S at a glance
Customer segments (no segments according to IFRS)
With our wide range of potassium chloride (MOP) and fertilizer specialties, as well as
accompanying | advice, | we | support | |
farmers around | the world | in | achieving | |
high yields and the best crop qualities. | Industry+ | |||
Agriculture | Agriculture | |||
Revenues 2023 | Sales volumes 2023 |
€2,721.3 million | 7.31 million t |
We produce, refine, and supply natural raw materials for communities, con- sumers, and numerous industrial applications - and if residues remain, we have the right disposal solution.
Our products and services keep production running.
Thereof de-icing salt
Industry+
Revenues 2023 | Sales volumes 2023 |
€1,151.3 million | 6.62 million t |
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Important megatrends and their implications
8.6 billion
Global population in 2030 Today: 8.0 billion
40%
of the population suffers from water scarcity in 2030
70% of water used for agriculture
0.2 ºC
Average global warming per decade
2/3 of the world's
population
belong to the middle class in 2030
2015: 14% of the
world's population
Implications for K+S
- Arable land shrinking
- Yield needs to be improved
- Higher efficiency of fertilization and irrigation needed
- Plants have to be more stress resistant
- Infrastructure needs to be improved
- focus on renewable energy
- Growing population, especially in Asia, needs more salt for various purposes
Sources: United Nations, 2017; World Population Clock of the Deutsche Stiftung Weltbevölkerung (dated July 2022); "Global temperature change" from James Hansen et al. (September 25, 2006); World Water Report 2021 of the UNESCO; James Davies, Rodrigo Lluberas and Anthony Shorrocks, Credit Suisse Global Wealth Databook 2015
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Why use fertilizers?
"The Natural Laws of Husbandry", Justus von Liebig, 1863
"The growth and yield of a plant is limited by the nutrient available in the smallest amount."
▪ Plants need sunlight, water, and minerals to thrive.
▪ There are few soils on earth which have a sufficient content and availability of plant nutrients to achieve high yields over a longer period without fertilization.
▪ Potash is an indispensable addition to the natural nutrient content of arable soils.
▪ The deprivation of nutrients by harvesting and other factors must be compensated by balanced fertilization.
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Long-term key drivers for our fertilizer business
Less arable land - but more protein consumption per capita
1960 | 2010 | 2050 | ||||
Global | Each year, an additional 80 million people needs to be fed - | |||||
population | ||||||
this equals the population of Germany. | ||||||
development | ||||||
3.0 billion | 6.9 billion | |||||
9.7 billion | ||||||
Arable land | At the same time, the available arable land per capita will | |||||
per capita | ||||||
decrease. | ||||||
4,300 m² | 2,100 m² | 1,800 m2 |
Protein per capita
60 g/day | 80 g/day | 130 g/day1 |
By 2050, an expanded world's population will consume two- thirds more animal protein than it does today.
In 2050, only roughly 25% of a soccer field will be available for a person's annual food supply - 80% of the future growth in agricultural commodity production will result from increases in yields. This is achieved through the use of balanced fertilization.
Source: UN, World Population Prospects, 2022 Revision, UNDP, 2013; FAOStat 2014; 1 FAO 2014 - Forecasts based on expected increase in animal protein
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Long-term demand drivers
Agriculture
Demand drivers
Arable land shrinking
Water scarcity
Increasing standard of living
Population growth
Economic growth and industrialization
Urbanization
Winter weather conditions
Infrastructure development
Industry &
Pharma
Consumers
Communities
Industry +
Global warming
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Disclaimer
K+S AG published this content on 13 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 April 2024 11:01:01 UTC.