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K+S reported Q2 2023 revenue of about €826 million, down sharply from the prior-year quarter, with EBITDA of €24 million. The decline was mainly due to lower agricultural selling prices and lower volumes, along with price adjustments after the China contract closed.
H1 adjusted free cash flow was positive at €274 million.
Lower contract prices and weaker agricultural selling prices confirm softer potash market pricing, which benefits fertilizer buyers.
georesources.netM.KoenigAug 10, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
