K+S AG (MIL:1SDF)
€ 10.37 -0.185 (-1.75%) Market Cap: 1.86 Bil Enterprise Value: 1.17 Bil PE Ratio: 75.39 PB Ratio: 0.30 GF Score: 72/100

K&S AG Capital Markets Day Transcript

Nov 11, 2021 / 12:30PM GMT
Release Date Price: €14.54 (-4.12%)
Burkhard Lohr;S Aktiengesellschaft;Chairman of the Board of Executive Directors
K;CEO & Labor Relations Director

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Yes, ladies and gentlemen, welcome to our Capital Markets Day today. And believe me, I'm very happy to have the possibility to meet you in person today. The last time that we met in person was on the 12th, March 12, 2020, so almost 2 years ago. It's really about time to have such meetings again.

Together with my Board colleagues, Holger Riemensperger, our new COO, sitting over here; and Thorsten, whom you know, you have been knowing for years. I also welcome everybody following us via Teams and the webcast.

Before I give you a short overview of our Q3 results, I would like to give you more details on our ad hoc announcement of October 26. After the EU Commission referred the antitrust clearance procedure to the federal cartel office in Germany, the revenue of the REKS transaction is still ongoing. We continue to expect that the release can be granted. It is even still possible that the transaction could take place this year,

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