K+S AG (WBO:SDF)

€ 10.39 -0.155 (-1.47%) Market Cap: 1.86 Bil Enterprise Value: 1.17 Bil PE Ratio: 75.39 PB Ratio: 0.30 GF Score: 61/100

Q1 2020 K&S AG Earnings Call Transcript

May 11, 2020 / 08:00AM GMT

Release Date Price: €5.35 (-5.58%)

Transcript

Operator

Hello, and welcome to the K+S conference call regarding the publication of the quarterly report Q1 '20, hosted by Thorsten Boeckers, CFO. (Operator Instructions)

Please note on Page 2 of the presentation, you will find the disclaimer. I am now handing over the call to Thorsten Boeckers to begin. Please go ahead.

Thorsten Boeckers;S Aktiengesellschaft;CFO;Member of Board of Executive Directors

+-&

Thank you, Judy. Good afternoon and good morning, everybody, and welcome to our Q1 conference call.

Before we go through the presentation, I would like to mention 2 things. First of all, Burkhard Lohr asked me to take over this call. He has tested positive for corona. In his case, the course of the disease is a mild one. However, he stays in quarantine this week.

Secondly, some background on our announcement from last Friday. So far, we have come through corona operationally well. In Q1, we had some smaller burdens, for example, because of efficiency losses due to health measures to

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