Annual Report 2019
Annual Report 2019 www.kpluss.com With its mineral products, K+S helps farmers secure the world’s food supply, keeps industries running, enriches consumers’ daily live’s and ensures safety in winter. The focus is on the customer and their needs. In order to position our- selves successfully on a global scale in the long term, we are increasingly acting on the basis of innovative future concepts with which we can develop products and growth markets. This transformation phase is supported by our experience of more than 130 years. It allows us to navigate safely through the challenges of the reorganization: K+S is versatile. K+S worldwide We meet the growing demand for mineral products mainly from production sites in Europe, North and South America, and through a global distribution network. 39 6 32 4 13 Number of sites ten-yeAr SummAry K+S group 1 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Profit and Loss Revenues € million 4,632.7 3,996.8 3,935.3 3,950.4 3,821.7 4,175.5 3,456.6 3,627.0 4,039.1 4,070.7 EBITDA 2 € million 953.0 1,146.0 1,033.3 907.2 895.5 1,057.5 519.1 576.7 606.3 640.4 EBITDA-Margin % 20.6 28.7 26.3 23.0 23.4 25.3 15.0 15.9 15.0 15.7 Depreciation 3 238.5 239.8 229.2 251.3 254.3 275.9 289.8 305.9 379.1 431.9 Group earnings from continued operations, adjusted 4 € million 453.8 625.6 538.1 437.1 366.6 542.3 130.5 145.0 85.4 77.8 Earnings per share from continued operations, adjusted 4 € 2.37 3.27 2.81 2.28 1.92 2.83 0.68 0.76 0.45 0.41 Cash flow Operating Cash flow € million 826.4 633.4 607.2 755.7 719.1 669.4 445.4 306.8 308.7 639.8 Capital expenditure 5 € million 188.6 293.1 465.5 742.5 1,153.2 1,278.8 1,170.8 810.8 443.2 493.3 Adjusted Free Cash flow € million 667.3 216.6 199.1 48.7 -306.3 -635.9 -776.8 -389.8 -206.3 139.7 Balance Sheet Balance sheet total € million 5,573.7 6,056.9 6,596.6 7,498.2 7,855.2 8,273.6 9,645.5 9,754.4 9,966.2 10,592.2 Equity € million 2,651.6 3,084.6 3,393.9 3,396.6 3,974.5 4,295.6 4,552.2 4,160.7 4,144.1 4,495.1 Equity ratio % 47.6 50.9 51.4 45.3 50.6 51.9 47.2 42.7 41.6 42.4 Net financial liabilities as of Dec.
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