May 17, 2023 / 07:00AM GMT
Joel Jackson - BMO Capital Markets - Analyst
Let's stay in the fertilizer world, shall we? Our next fireside chat's with K+S, who is, of course, a leading potash and specialty potash producer and a European salt producer. Joining us today from K+S is the CEO, Burkhard Lohr. Burkhard is first going to talk about the company, state of the union for a couple of minutes, and then we'll dive into Q&A.
Burkhard Lohr - K+S AG-CEO
Yeah. Thank you very much. Thank you for joining us. We had a pretty good start into 2023 with an EBITDA for the quarter of EUR454 million, and that was an EBITDA margin of 38%. But I guess a big question currently is how are the markets developing further on. And it's a little bit more difficult than in previous years. And my reading is after such an outstanding year in 2022, with pricing hitting the USD1,200 in Brazil, the market has to normalize again. And that's what we are seeing now. And that's why it is a little bit more difficult to predict what the future could look like.
Our reading is
K&S AG at BMO Capital Markets Global Farm to Market Conference Transcript
Feb 14, 2024
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