K+S in Kassel: increase in sales thanks to strong fertilizer issue
K+S in Kassel: increase in sales thanks to strong fertilizer issue
The company K+S, based in Kassel, achieved an impressive increase in sales in the second quarter of the current year. This not only affects the company's financial situation, but also on the regional economy and agriculture.
sales increase: facts and numbers
The sales of K+S rose to 874 million euros compared to the same period of 826 million in the same period. This increase is particularly thanks to the customer segment of agriculture, where sales have grown to 616 million euros in the same period of 557 million euros.
effects on agriculture
Agriculture benefits significantly from the higher sales quantities, especially in the area of fertilizer specialties. Despite the sunken average prices, these were more than brewed by the higher demand and sale of 1.84 million tons (without merchandise), which is a significant increase compared to 1.63 million tons in the previous year.
market development and future forecasts
K+S expects an operational result (EBITDA) between 530 and 620 million euros for 2024. This forecast indicates a stable development in the Kalim market. In the agricultural segment, stable price development will be expected in the coming months, which is of great importance for farmers.
regional importance of K+S
In addition to his headquarters in Kassel,K+S also works in the Fulda district and Hersfeld-Rotenburg. The company's successful business results also have positive effects on the local economy and ensure jobs in the region. Dr. Burkhard Lohr, chairman of the board, sees this as confirmation of the continuous quality and demand for K+S products.
conclusion: a positive development for everyone involved
The positive sales development of K+S not only is a success for the company, but is also a signal for agriculture and regional economic sectors. The stable income forecasts indicate that K+S plays a key role in this economic field and thus contributes to securing agricultural production and supporting local communities.
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