K+S on April 30 reported preliminary first-quarter EBITDA of €200 million ($213 million at current exchange rates), 19% above average analyst estimates (Bloomberg Consensus), highlighting strength in the European specialty industry and robust potash demand.
The German chemical major reported an average sales price of €335/mt and sales volumes of 2 million mt for the quarter. Its forecast points to an EBITDA of €500-€650 million for the year. The company’s first-quarter results will be released on May 13, 2024.