Annual Report Press Conference. of K+S Aktiengesellschaft. on March 14, in Frankfurt am Main

Transcription

1 Annual Report Press Conference of K+S Aktiengesellschaft on in Frankfurt am Main

2 Report on business for the year People. Nature. Our World.

3 What we want to inform you about today 2 K+S achieved its aims in 2001 Market penetration and strategic intermeshing further improved Favourable overall prospects for 2002

4 Economic environment 3 Worldwide slowdown in overall economic growth K+S nevertheless well positioned Robust and broadly defined portfolio of businesses Innovations speeded up Proven market competence and strength

5 Sales and earnings million Changes Sales 2, , % Earnings before interest and taxes % Net income % Net income per share ( ) % Return on equity (%) %

6 The year New production plant for fertilizer speciality Acquisitions to strengthen COMPO business esco salt joint venture successfully prepared Streamlining of corporate structures New share buy-back programme started

7 Growth through acquisitions million * Frisia Zout B.V foreign COMPO subsidiaries AAE GmbH * 49 % interest in Kali und Salz GmbH Total expenditures: 497 million

8 The esco salt joint venture 7 62% 38% Approval granted by EU competition authorities Start with economic effect from January 1, 2002 Particular strengths: Customer-oriented products and logistical advantages

9 Our strategic competence arch 8 healthy, controlled growth KTG

10 Potash and Magnesium Products 2001 million Fertilizer business affected by the weather Sharp increase in energy costs Further growth in industrial business Market positions well maintained Potentials for further savings affecting earnings identified Sales EBIT

11 COMPO 2001 million Sharp increase in sales Hobby business grew perceptively with acquisitions 10 Brand portfolio and regional presence selectively strengthened Sales EBIT ENTEC fertilizers drove professional business EBIT burdened by one-off effects Sharp increases in raw material prices

12 fertiva 2001 million Decline in consumption in Western Europe due to the weather Further consolidation in Western European fertilizer industry Positions in key overseas markets maintained 11 BASF solely entitled to pleasing contribution to earnings for last time Sales EBIT

13 Salt 2001 million De-icing salt business profited from severe winter and early purchases Business with salt for chemical transformation considerably expanded by Frima acquisition 12 Sales 28 5 EBIT Further growth of table and industrial salts Product quality, proximity to customers and especially high ability to deliver prove to be particular strengths

14 Waste Management and Recycling 2001 million 77 Sales and earnings as expected reduced to normal level Exploitation of European markets expanded Waste reutilization and recycling with overall growth Development to system provider continued with commencement of thermal soil cleaning Sales EBIT

15 Services and Trading 2001 million EBIT growth benefits from great demand for IT expertise within K+S Group Experience within group successfully applied Trading business and granulation of Catsan higher Analytical services strengthened Sales EBIT

16 K+S is strong in the market 15 For potash For water-soluble magnesium sulphate In the green market For nitrogen For salt For underground disposal Market leader in Europe Number three in the world World market leader Market leader in Europe with COMPO Very well positioned with fertiva With esco in leading European group Market leader in Germany

17 K+S Aktiengesellschaft 16 Net dividend and total dividend payment ** Dividend payment million Net dividend - per share * proposal ** according to the number of shares entitled to dividends on the day of the Annual Meeting (prel. as of March 8, 2002) *

18 K+S Aktiengesellschaft K+S share price compared with DAX and MDAX Index: January 2, 2001 = K+S MDAX DAX Jan. July Jan. July source: Deutsche Börse AG; basis March 7, 2002

19 K+S Aktiengesellschaft K+S market capitalization million , * 45 million shares * * * Year-end March 7

20 Start to Potash and Magnesium Products COMPO Fertilizers above last year s level Industrial business cyclically weaker Professional business with marked growth Hobby business at higher level fertiva Good overseas business Difficult European business Salt Good de-icing salt business Integration of esco Waste Management and Recycling Normalized level

21 Aims for Further development of our business segments Extension of our market positions with innovations and regional expansion Acquisitions and cooperation agreements Internally, continued focus on increases in efficiency and cost savings

22 21 People. Nature. Our World.