# What K+S Aktiengesellschaft (SDF) Said on Its Q3 Earnings Call

> K+S narrowed its 2026 EBITDA guidance to €700–750 million from €680–760 million, raising the midpoint by €5 million. Third-quarter EBITDA slipped to €108 million from €111 million as higher energy and logistics costs and a Bethune maintenance shutdown offset stronger prices and de-icing salt demand. The forecast assumes oil at $100 a barrel and gas at €90/MWh.

- Date: 2026-11-13 · published 2026-11-13T09:12:13.752Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/97544-what-k-s-aktiengesellschaft-sdf-said-on-its-q3-earnings-call
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

The company sees tighter global potash supply supporting prices at the low end, while expected overseas price increases did not materialize, which caps the upside. Potash is a fertilizer input, so stable-to-firm potash prices raise farm input costs rather than feed commodity prices directly.

## Read by commodity

- POTASH: neutral

## Sources

- defenseworld.net: https://www.defenseworld.net/2026/11/13/what-ks-aktiengesellschaft-sdf-said-on-its-q3-earnings-call.html

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.