K+S 2Q EBITDA, Revenues Up

K+S Group, Kassel, reported a 24 increase in second-quarter EBITDA to €130 million from the year-ago €105 million. Revenues were up 8 percent to €879 million from €812 million. The company cited good prices and higher production volumes both at Werra and Bethune.

The company is also moving up its EBITDA guidance for the year to €730-€830 million from the previous €700-€850 million. 2018 EBITDA was €606 million.

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