K+S released Q3 16 numbers. Revenues reached €688m (-22.8%), EBITDA €55.9m (-72%), EBIT I €-32m (vs €132m), and adjusted net income €-27.4m (vs €89.2m). Over 9 months, revenues were down 21% to €2,515.2m, EBITDA down 48.8% to €424.7m, EBIT I down 68% to €201.9m and net income 70% to €120.3m. Net debt at the end of Q3 was €3,179m (vs €2,860m in June and €2,375m at the end of FY15). The group has somewhat reduced its earnings fore
10 Nov 2016
Q3 16 : uninspiring
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Q3 16 : uninspiring
K+S AG (SDF:WBO) | 0 0 2.1% | Mkt Cap: 4,182m
- Published:
10 Nov 2016 -
Author:
Fabrice Farigoule -
Pages:
2
K+S released Q3 16 numbers. Revenues reached €688m (-22.8%), EBITDA €55.9m (-72%), EBIT I €-32m (vs €132m), and adjusted net income €-27.4m (vs €89.2m). Over 9 months, revenues were down 21% to €2,515.2m, EBITDA down 48.8% to €424.7m, EBIT I down 68% to €201.9m and net income 70% to €120.3m. Net debt at the end of Q3 was €3,179m (vs €2,860m in June and €2,375m at the end of FY15). The group has somewhat reduced its earnings fore