ACQUISITION OF MORTON SALT
|
|
- Eustace Randell Webster
- 6 years ago
- Views:
Transcription
1 ACQUISITION OF MORTON SALT 2 April 2009 Experience growth.
2 Disclaimer This presentation contains facts and forecasts that relate to the future development of the K+S Group and its companies. The forecasts are estimates that we have made on the basis of all information available to us at this moment in time. Should the assumptions underlying these forecasts prove not to be correct, actual events may deviate from expectations as set forth at the present time. 2 April 2009 K+S Group 1
3 Agenda Transaction Highlights Morton Salt Overview Transaction Summary 2 April 2009 K+S Group 2
4 K+S Acquires Morton Salt Acquisition of Morton Salt represents an excellent opportunity to grow our global salt business Nature of Transaction Acquisition of the salt business of Rohm and Haas, a wholly owned subsidiary of The Dow Chemical Company 100% cash consideration; fully underwritten by Dresdner Kleinwort, Société Générale and Unicredit (HVB) Closing expected mid year 2009 Transaction Value USD billion Closing Conditions Receipt of required antitrust approvals 2 April 2009 K+S Group 3
5 An Excellent Opportunity Balancing Growth, Enhancing Profitability Growth Asset Quality Diversification Operational Synergies Financials Benefits Execution Combines highly complementary operations to create the North American and global leader in salt Offers widespread, close-to-customer production sites in the U.S. and Canada Adds the leading salt consumer brand and a nationwide distribution network Extends and diversifies geographic presence in the North American salt market Enhances access to North American industrial and consumer markets Provides access to new and less volatile de-icing regions Strengthens K+S Group overall, in Europe and Overseas Leverages the leading salt consumer brand to existing product portfolio Optimizes logistics between Chile, Brazil and North America EPS will be clearly accretive from 2010 onwards; consistent with acquisition criteria Benefits from profitable salt business with strong cash flow generation Maintains a strong, flexible balance sheet Limited overlap facilitates smooth integration Immediate delivery of benefits to employees, customers and shareholders 2 April 2009 K+S Group 4
6 Agenda Transaction Highlights Morton Salt Overview Transaction Summary 2 April 2009 K+S Group 5
7 Morton Salt Overview Leading producer of food grade salt, industrial and de-icing salt in the U.S. and in Canada North America s favorite salt consumer brand ( The Morton Umbrella Girl ) De-icing salt 42% Revenues by product group * 2008 Food grade salt 22% 6 rock salt mines, 7 solar evaporation facilities and 10 vacuum pan operations as well as 62 salt stockpiles and 61 distribution centers Salt for chemical use 2% Industrial salt 34% Annual salt production capacity of 13.1 million tonnes Key metrics USD million ,900 employees Headquartered in Chicago; founded in 1848 Sales volume (million tonnes) Revenues EBITDA , , * Adjusted to K+S classification 2 April 2009 K+S Group 6
8 Morton Salt s North American Presence Manistee, MI Lindbergh, AB Regina, SK St. Paul, MN Chicago, IL Ojibway, ON Mines Seleine, QC Pugwash, NS Silver Springs, NY Grantsville, UT Newark, CA Long Beach, CA Solar evaporation salt Rock salt Vacuum salt Centers of supply Deposits (mainly rented) Headquarters Glendale, AZ Hutchinson, KS Grand Saline, TX Weeks Island, LA Windsor, ON Fairport,OH Rittman, OH Cincinnati, OH Port Canaveral, FL Inagua, BH Perth Amboy, NJ Capacity by production methods Vaccuum salt 18% Rock salt 63% 2 April 2009 K+S Group Solar evaporation salt 19%
9 Strengthening the Salt Portfolio K+S stand alone (2008 revenues) K+S and Morton Salt (2008 pro forma revenues) Other 10.6% Food grade salt 15.8% Other 4.5% Food grade salt 19.2% De-icing salt 35.2% Industrial salt 27.3% De-icing salt 39.0% Industrial salt 31.3% Salt for chemical use 11.1% Salt for chemical use 6.0% Strengthening of food grade salt, industrial salt and de-icing salt Provides important regional balance in de-icing salt 2 April 2009 K+S Group 8
10 Delivering Balanced Growth K+S stand alone (2008: 4.8 billion) K+S and Morton Salt (2008 pro forma: 5.6 billion) * Revenues by business segments Salt 12.9% fertiva 18.8% Complementary 2.6% Potash and Magnesium Products 50.0% Salt 25.8% Complementary 2.2% Potash and Magnesium Products 42.6% fertiva 16.0% COMPO 15.7% COMPO 13.4% Revenues by region Overseas 32% Europe 68% Overseas 42% Europe 58% * USD/EURO 1.47 Increases less cyclical salt share Strengthens K+S Group overall, in Europe and Overseas Growth strategy in fertilizers unchanged 2 April 2009 K+S Group 9
11 The Global Leader in Salt 30, , Worldwide Salt Production Capacity Capacity in million tonnes (crystallized salt and salt in brine; excl. captive use) 20, , , , ,0 0.0 Pro Forma K+S/ Morton China National Salt Ind. K+S Compass Minerals Cargill Morton Salt Dampier Salt Artyomsol Exportadora del Sal Südsalz Salins Group Mitsui & Co. Akzo (GER/USA) (China) (GER) (USA) (USA) (USA) (AUS) (Ukraine) (MEX) (GER) (France) (AUS) (NL) Sources: Roskill, K+S 2 April 2009 K+S Group 10
12 Executing Our Salt Strategy 5 Acquire Morton Salt, a leading salt producer in North America K+S 4 Morton Salt Acquired No.1 salt producer in South America through SPL acquisition - Market entry into U.S. and Latin America - Expansion potential to Asia SPL Originally, salt business with high exposure to de-icing and industrial salt in Europe Added salt for chemical use through the acquisition of Frisia Zout (NL) Created No.1 salt producer in Europe through the acquisition of Solvay salt business 2 April 2009 K+S Group 11
13 Agenda Transaction Highlights Morton Salt Overview Transaction Summary 2 April 2009 K+S Group 12
14 Acquisition Financing Enterprise value of USD billion Up to 1.4 billion debt financing; fully underwritten by Dresdner Kleinwort, Société Générale and Unicredit (HVB) Acquisition in line with K+S stated capital structure targets No change in K+S dividend policy Tranche A Tranche B Tranche C Structure 500 million Bridge Loan 300 million Amortizing Loan 600 million Revolving Credit Facility Repayment Bullet 100 million annually Bullet Maturity 1 year + 6 months 3 years 3 years 2 April 2009 K+S Group 13
15 Operational Synergies and Integration Operational synergies Leverage the leading Morton brands to enhance sales of packaged ISCO de-icing products and water softening salts Use Morton brand and K+S products as well as K+S know-how in food grade potash to take advantage of the low sodium trend Optimize logistics of product flows in North and South America (SPL Chile, SDB Brazil and Morton and ISCO North America) Integration Virtually no overlap in markets Seasoned local management to drive expansion in North America Contractual agreement with Rohm and Haas to continue to supply administrative support (Reporting, Treasury, Tax, HR, IT, etc.) for a transition period 2 April 2009 K+S Group 14
16 An Excellent Opportunity Balancing Growth, Enhancing Profitability Growth Asset Quality Diversification Operational Synergies Financials Benefits Execution Combines highly complementary operations to create the North American and global leader in salt Offers widespread, close-to-customer production sites in the U.S. and Canada Adds the leading salt consumer brand and a nationwide distribution network Extends and diversifies geographic presence in the North American salt market Enhances access to North American industrial and consumer markets Provides access to new and less volatile de-icing regions Strengthens K+S Group overall, in Europe and Overseas Leverages the leading salt consumer brand to existing product portfolio Optimizes logistics between Chile, Brazil and North America EPS will be clearly accretive from 2010 onwards; consistent with acquisition criteria Benefits from profitable salt business with strong cash flow generation Maintains a strong, flexible balance sheet Limited overlap facilitates smooth integration Immediate delivery of benefits to employees, customers and shareholders Morton Salt Consistent With Our Growth Strategy 2 April 2009 K+S Group 15
17 K+S Aktiengesellschaft Bertha-von-Suttner-Straße Kassel (Germany) phone: +49 (0)561 / fax: +49 (0)561 / Communications phone: +49 (0)561 / fax: +49 (0)561 / pr@k-plus-s.com Internet: Investor Relations phone: +49 (0)561 / fax: +49 (0)561 / investor-relations@k-plus-s.com Internet: Experience growth.
Quarterly Report 01/04
1 First Quarter Revenues on Last Year s Very Good Level Quarterly Report 01/04 January - March At 65.1 Million, EBIT Down 2.7 Million At 54.9 Million Earnings After Taxes Up Slightly Year-on-Year Despite
More informationGROUP PAYMENT RE- PORT
GROUP PAYMENT RE- PORT 06 Experience growth. . GENERAL PRINCIPLES K+S AKTIENGESELLSCHAFT is a company incorporated under German law and entered in the commercial register held by the Kassel District Court
More informationK+S Group confirms outlook for 2012
Kassel, 9 May 2012 Robust fertilizer business K+S Group confirms outlook for 2012 Best first quarter for potash and magnesium products As expected, de-icing salt business significantly below high figures
More informationQ1/18 Quarterly Report K+S GROUP
Q1/18 Quarterly Report K+S GROUP + Revenues slightly and EBITDA tangibly up year-on-year + Adjusted free cash flow significantly higher and net debt/ebitda ratio further reduced + Potash and Magnesium
More informationQ Conference Call May 14th, 2018
K+S Aktiengesellschaft Q1 2018 Conference Call May 14th, 2018 Dr. Burkhard Lohr, CEO Thorsten Boeckers, CFO Disclaimer No reliance may be placed for any purpose whatsoever on the information or opinions
More informationSuccessful Start to the Year by the K+S Group
Kassel, Germany, 12 May 2015 Q1 2015 quarterly financial report Successful Start to the Year by the K+S Group Revenues up 16% to 1.4 billion Salt business very strong in first quarter Price recovery continues
More informationAt million, first quarter revenues rise by 8% Adjusted earnings per share reach 1.73/share (+21%)
01 2006 Quarterly Report January March At 855.5 million, first quarter revenues rise by 8% Operating earnings (EBIT I) increase by 14% to 113.1 million Adjusted earnings per share reach 1.73/share (+21%)
More informationRoadshow Hamburg 8 June 2016
K+S Aktiengesellschaft Roadshow Hamburg 8 June 2016 Thorsten Boeckers, Head of Investor Relations Content A 1 2 B C K+S Unique Strategic Position Potash and Magnesium Products Salt Current Trading Outlook
More informationPRESENTATION OF ANNUAL FINANCIAL STATEMENTS Norbert Steiner, CEO. 12 March 2009, Frankfurt am Main. Experience growth.
PRESENTATION OF ANNUAL FINANCIAL STATEMENTS 2008 12 March 2009, Frankfurt am Main Norbert Steiner, CEO Experience growth. Forward-Looking Statements This presentation contains facts and forecasts that
More informationAt 1.56 billion, half year revenues rise 5% Operating earnings increase by 6% to million
02 2006 Quarterly Report April June At 1.56 billion, half year revenues rise 5% Operating earnings increase by 6% to 172.5 million Free cash flow before acquisitions reaches 105.7 million (+40%) Adjusted
More informationQuarterly Report Q1/07 January March
Quarterly Report Q1/07 January March A good start despite a mild winter in Europe At 944.7 million, revenues rise by 10 % Operating earnings (EBIT I) reach 103.3 million (- 9 %) Adjusted earnings per share
More informationShaping 2030 Conference Call October 9 th, 2017
K+S Aktiengesellschaft Shaping 2030 Conference Call October 9 th, 2017 Wachstum erleben. Dr. Burkhard Lohr, CEO Disclaimer No reliance may be placed for any purpose whatsoever on the information or opinions
More informationAnnual Report Press Conference. of K+S Aktiengesellschaft. on March 14, in Frankfurt am Main
Annual Report Press Conference of K+S Aktiengesellschaft on in Frankfurt am Main Report on business for the year 2001 1 People. Nature. Our World. What we want to inform you about today 2 K+S achieved
More informationScotiabank Fertilizer & Chemicals Conference Toronto 20 September 2016
K+S Aktiengesellschaft Scotiabank Fertilizer & Chemicals Conference Toronto 20 September 2016 Patrick Kofler, Senior Investor Relations Manager Content A 1 2 B C K+S Unique Strategic Position Potash and
More informationFY/Q Conference Call March 15th, 2018
K+S Aktiengesellschaft FY/Q4 2017 Conference Call March 15th, 2018 Dr. Burkhard Lohr, CEO Thorsten Boeckers, CFO Disclaimer No reliance may be placed for any purpose whatsoever on the information or opinions
More informationDemand for Fertilizers Remains Low
Kassel, 13 August 2009 K+S Presents its Half-Year Figures Demand for Fertilizers Remains Low At just under 739 million, quarterly revenues down 38% year on year Q2 operating earnings reach about 18 million
More informationQ Conference Call May 9th, 2017
K+S Aktiengesellschaft Q1 2017 Conference Call May 9th, 2017 Norbert Steiner, CEO Potash and Magnesium Products From Legacy Project to Bethune Mine Grand Opening Ceremony and handover to operations team
More informationK+S confirms significant increase in operating earnings for 2015
Kassel, 13 August 2015 Boost in revenues and earnings in the first half of 2015 K+S confirms significant increase in operating earnings for 2015 Outstanding performance in the Salt Business Higher average
More informationWorkshop II Shaping 2030 from a Financial Perspective
Workshop II Shaping 2030 from a Financial Perspective Bethune, 5 September 2018 Thorsten Boeckers, Chief Financial Officer Thorsten Boeckers Thorsten Boeckers was born in 1975 in Würselen (North Rhine-Westphalia).
More informationK+S Group expects slight increase in revenues and earnings in the current year
Kassel, 14 March 2013 Successful financial year 2012 K+S Group expects slight increase in revenues and earnings in the current year At 3.9 billion, 2012 revenues almost on last year s level Operating earnings
More informationQ1/16 Conference Call May 10th, 2016
K+S Aktiengesellschaft Q1/16 Conference Call May 10th, 2016 Dr. Burkhard Lohr, CFO K+S Group Highlights Salt business contributing strongly to group earnings despite mild winter Impact of limited deep-well
More informationPress conference K+S Aktiengesellschaft on November 15, 2001 Interim Report as of September 30, 2001
1 Press conference K+S Aktiengesellschaft on Interim Report as of September 30, 2001 Bases and ideas for life and growth 2 We provide essential bases and ideas for life and growth We contribute towards
More informationK+S Confirms Significant Increase in Operating Earnings
Kassel, K+S Confirms Significant Increase in Operating Earnings Salt business unit doubles earnings in the first nine months Robust development in the Potash and Magnesium Products business unit First
More informationQUARTERLY FINANCIAL REPORT OF THE K+S GROUP JULY TO SEPTEMBER
Q3 2014 QUARTERLY FINANCIAL REPORT OF THE K+S GROUP JULY TO SEPTEMBER + Average prices for potash and magnesium products still below the previous year + Positive price effects in North American salt business
More informationH1/16 Half-Yearly Financial Report K+S GROUP
H1/16 Half-Yearly Financial Report K+S GROUP + Significant decline in revenues and earnings in the second quarter + Lower average selling price in the Potash and Magnesium Products business unit + Absence
More informationAcquisition of Cargill Pork Business July 2, A Global Food Company
Acquisition of Cargill Pork Business July 2, 205 A Global Food Company Disclaimer This release contains forward-looking statements relating to the prospects of the business, estimates for operating and
More informationRevenues and earnings down on previous year s level
Kassel, 13 November 2014 Business development in the first nine months of 2014 Revenues and earnings down on previous year s level Average prices for potash and magnesium products still lower than in previous
More informationNew Flyer Industries (NFI) acquisition of Motor Coach Industries (MCI)
0 New Flyer Industries (NFI) acquisition of Motor Coach Industries (MCI) + North America s leading Transit Bus Manufacturer and Parts Supplier North America s leading Motor Coach Manufacturer and Parts
More informationDr. Burkhard Lohr, CFO
Experience growth. K+S Group Q1/15 Results 13 May 2015 Dr. Burkhard Lohr, CFO K+S Group Highlights Group EBIT I of 317 million driven by a very strong performance in Salt, YoY price recovery in Potash,
More informationTHE MOST RECOGNIZED BRAND IN SELF-STORAGE
THE MOST RECOGNIZED BRAND IN SELF-STORAGE Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section
More informationDr. Burkhard Lohr, CFO
Experience growth. K+S Group Q3/15 Results 11 November 2015 Dr. Burkhard Lohr, CFO Highlights Q3/15 results EBIT I of 132 million on last year s level - EBITDA up 7% to 199 million Impressive performance
More informationK+S Group achieves lower revenues and earnings
Kassel, 14 November 2013 Business development in the third quarter K+S Group achieves lower revenues and earnings Global potash market characterised by considerable uncertainty and by decreasing international
More informationImportant Information for Investors and Stockholders
March 1, 2010 Important Information for Investors and Stockholders This presentation does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any
More informationK+S GROUP MANAGEMENT REPORT. Business Sectors and Organisational Structure
High demand facilitated strong price increases for fertilizers Revenues reach 4.8 billion an increase of about 43 % Operating earnings increased almost fivefold, by a factor of 4.7 Indicators for healthy
More informationKepler Cheuvreux GCC 2019
Kepler Cheuvreux GCC 2019 Frankfurt, 21 January 2019 Dr Burkhard Lohr, Chief Executive Officer Lutz Grüten, Head of Investor Relations Julia Bock, Senior Investor Relations Manager Disclaimer No reliance
More informationRoadshow Amsterdam 8 December 2016
K+S Aktiengesellschaft Roadshow Amsterdam 8 December 2016 Martin Heistermann, Senior Investor Relations Manager Content A 1 2 B C K+S Unique Strategic Position Potash and Magnesium Products Salt Current
More informationQ Conference Call August 14th, 2018
K+S Aktiengesellschaft Q2 2018 Conference Call August 14th, 2018 Dr. Burkhard Lohr, CEO Thorsten Boeckers, CFO Disclaimer No reliance may be placed for any purpose whatsoever on the information or opinions
More informationLehman Brothers High Yield Bond & Syndicated Loan Conference. March 16, 2005
Lehman Brothers High Yield Bond & Syndicated Loan Conference March 16, 2005 Forward-Looking Statement This presentation may contain forward-looking statements within the meaning of the Private Securities
More information+ Good sales volumes of Potash and Magnesium Products continue + Salt business still significantly above last year + Revenues of the first half year
H1 2013 HALF-YEARLY FINANCIAL REPORT OF THE K+S GROUP January to June + Good sales volumes of Potash and Magnesium Products continue + Salt business still significantly above last year + Revenues of the
More informationK+S Group increases revenues in the first half of 2013
Kassel, 13 August 2013 K+S Group increases revenues in the first half of 2013 Good sales volumes for potash and magnesium products Salt business significantly above last year Revenues of the first half
More informationBalanced Portfolio Underpins the Strength of K+S
Kassel, 13 May 2009 Start of new financial year 2009: Balanced Portfolio Underpins the Strength of K+S Very good salt result due to winter of above-average severity As expected, fertilizer demand down
More informationAcquisition of FairPoint Communications
NASDAQ: CNSL Acquisition of FairPoint Communications NOVEMBER 2016 December 5, 2016 Click Call Participants to edit Master title style Bob Udell President and CEO, Consolidated Communications Paul Sunu
More informationK+S Aktiengesellschaft. Press and Analyst Conference. on 17 March in Frankfurt am Main. Speech by Dr. Ralf Bethke,
Experience growth. K+S Aktiengesellschaft Press and Analyst Conference on in Frankfurt am Main Speech by Dr. Ralf Bethke, Chairman of the Board of Executive Directors The spoken word is binding - 2 - Welcome
More informationWe create communities. We are Stantec.
Acquisition of MWH Global March 29, 2016 We create communities. We are Stantec. PROSPECTUS INFORMATION An amended and restated preliminary short form prospectus containing important information relating
More informationHALF-YEARLY FINANCIAL REPORT OF THE K+S GROUP JANUARY TO JUNE. + K+S rejects takeover proposal from PotashCorp
H1 2015 HALF-YEARLY FINANCIAL REPORT OF THE K+S GROUP JANUARY TO JUNE + K+S rejects takeover proposal from PotashCorp + Outstanding performance in Salt + Higher average prices in the Potash and Magnesium
More informationAmerican Realty Capital Properties Investor Presentation September 2014
American Realty Capital Properties Investor Presentation September 2014 www.arcpreit.com :: NASDAQ: ARCP Forward-Looking Statements Information set forth herein (including information included or incorporated
More informationMattress Firm s Pending Acquisition of Sleepy s November 30, 2015
Mattress Firm s Pending Acquisition of Sleepy s November 0, 2015 Forward Looking Statements and Non-GAAP Information This presentation contains forward-looking statements within the meaning of federal
More informationThird Quarter Ended September 30, 2016
Third Quarter Ended September 30, 2016 1 Forward-Looking Statements In the interest of providing shareholders and potential investors with information regarding TransForce, including management s assessment
More informationA Further Step in Broadening BNP Paribas Retail Banking Presence in the Western US. Proposed Acquisition of Community First Bankshares
A Further Step in Broadening BNP Paribas Retail Banking Presence in the Western US Proposed Acquisition of Community First Bankshares March, 16 th 2004 Acquisition of 100% of Community First (CFBX): A
More informationHalf-yearly Financial Report H1/07 Quarterly Report Q2/07
Half-yearly Financial Report H1/07 Quarterly Report Q2/07 Strong second quarter for the K+S Group At 778.6 million, revenues for the quarter grow by 11 % Operating earnings rise by 17 % to 69.4 million
More informationStifel 2018 Cross Sector Insight Conference. June 12, 2018
N Stifel 2018 Cross Sector Insight Conference June 12, 2018 Forward-Looking Statements Certain statements in this presentation, including without limitation statements about the company; market growth
More informationImerys and S&B: A strategic combination
Accelerating development, strengthening core business, creating value Gilles MICHEL - Chairman & CEO Michel DELVILLE - CFO Disclaimer More comprehensive information about Imerys may be obtained on its
More informationK+S Group. Compendium. March 2019
K+S Group Compendium March 2019 K+S Group K+S Group Global Presence¹ 41% 35% 2% 9% 13% Employees by region 2018 70% 21% 5% 3% 1% 1 Revenues by region 2018 Germany North America South America Rest of Europe
More informationFLOWSERVE CORPORATION (NYSE: FLS) SIHI Group Acquisition
FLOWSERVE CORPORATION (NYSE: FLS) SIHI Group Acquisition November 14, 2014 Safe Harbor Statement Safe Harbor Statement: This presentation includes forward-looking statements within the meaning of Section
More informationJBS 3Q14 Results Presentation November 13 th, 2014
JBS 3Q4 Results Presentation November 3 th, 04 Disclaimer This release contains forward-looking statements relating to the prospects of the business, estimates for operating and financial results, and
More informationDriven to Create Value Goldman Sachs 2017 Global Energy Conference January 2017
Driven to Create Value Goldman Sachs 2017 Global Energy Conference January 2017 2015 Corporation. All Rights Reserved. Forward Looking Statements On November 17, 2016, we announced our plans to acquire
More informationQUARTERLY FINANCIAL REPORT RT Q1/09 JANUARY MARCH
QUARTERLY FINANCIAL REPORT RT Q1/09 JANUARY MARCH Very good salt result due to winter of above-average severity Fertilizer demand down significantly year-on-year At 1,075.7 million, revenues down 11 %
More informationK+S Aktiengesellschaft. Analysts Conference. on 15 November in Frankfurt. Speech by Dr. Ralf Bethke,
K+S Aktiengesellschaft Analysts Conference on 15 November 24 in Frankfurt Speech by Dr. Ralf Bethke, Chairman of the Board of Executive Directors The spoken word applies - 2 - K+S Group A Warm Welcome!
More informationBusiness Update March 2012
Business Update March 2012 Special note regarding forward-looking statements Certain statements contained in this presentation constitute forward-looking statements within the meaning of certain securities
More informationGRANITE CONSTRUCTION TO ACQUIRE LAYNE CHRISTENSEN
GRANITE CONSTRUCTION TO ACQUIRE LAYNE CHRISTENSEN A PLATFORM FOR GROWTH FEBRUARY 2018 Safe Harbor Forward Looking Statements All statements included or incorporated by reference in this communication,
More informationFBM 4Q17 Earnings Presentation
FBM 4Q7 Earnings Presentation February 27, 208 DISCLOSURES Forward-Looking Statements This presentation contains forward-looking statements as that term is defined in the Private Securities Litigation
More informationHALF-YEARLY FINANCIAL REPORT OF THE K+S GROUP JANUARY TO JUNE
H1 2014 HALF-YEARLY FINANCIAL REPORT OF THE K+S GROUP JANUARY TO JUNE + Good demand continues in the Potash and Magnesium Products business unit + Prices for potash fertilizers stabilise on a low level
More informationBank of America Merrill Lynch 2017 Global Agriculture & Chemicals Conference. March 2 nd, 2017 Ft. Lauderdale, Florida
Bank of America Merrill Lynch 2017 Global Agriculture & Chemicals Conference March 2 nd, 2017 Ft. Lauderdale, Florida Safe Harbor This Presentation (references to which and to any information contained
More informationFY16 Preliminary Financial Results
we build value FY16 Preliminary Financial Results FY16 Preliminary Financial Results Agenda Business Update Pietro Salini Chief Executive Officer Financial Update Massimo Ferrari General Manager Finance
More informationSYNNEX Concentrix Division Announces the Acquisition of Convergys
Filed by SYNNEX Corporation pursuant to Rule 425 under the Securities Act of 1933, as amended and deemed filed pursuant to Rule 14a-12 under the Securities Exchange Act of 1934, as amended Subject Company:
More informationICL MAKES A STEP CHANGE IN ITS GLOBAL PHOSPHATE BUSINESS BY FORMING A STRATEGIC ALLIANCE WITH CHINA S YUNNAN YUNTIANHUA
PRESS CONTACT INVESTOR RELATIONS CONTACT Amiram Fleisher Limor Gruber Fleisher Communications Head of Investor Relations, ICL +972-3-6241241 +972-3-684-4471 amiram@fleisher-pr.com Limor.Gruber@icl-group.com
More informationApogee Enterprises, Inc.
Nic on 5 th Apartments Minneapolis, MN Farm Kid Studios Fiscal 2018 First Quarter Conference Call June 22, 2017 Non-GAAP measures & Forward-Looking Statements During the call, we will discuss non-gaap
More informationApril Fourth Quarter 2016 Earnings Presentation
April 2017 Important Notice Statements in this presentation concerning the Company s business outlook or future economic performances, anticipated profitability, revenues, expenses, or other financial
More informationJBS S.A. A GLOBAL FOOD COMPANY. Institutional Presentation Including 4Q16 and 2016 Results
JBS S.A. A GLOBAL FOOD COMPANY Institutional Presentation Including 4Q6 and 06 Results Our Values DETERMINATION Be relentless. Deliver superior results. Adopt a sense of urgency. Make things happen. SIMPLICITY
More informationSuperior Plus Corp. TSX: SPB. Investor Update. November 2018
Superior Plus Corp. TSX: SPB Investor Update November 2018 Forward Looking Statements and Information This presentation is for information purposes only and is not intended to, and should not be construed
More informationBlackstone Mortgage Trust Reports First Quarter 2015 Results
Blackstone Mortgage Trust, Inc. 345 Park Avenue New York, New York 10154 T 212 655 0220 Blackstone Mortgage Trust Reports First Quarter 2015 Results New York, April 28, 2015: Blackstone Mortgage Trust,
More informationDetailed explanations on the rights of shareholders
Detailed explanations on the rights of shareholders Ordinary Annual General Meeting of K+S Aktiengesellschaft on Tuesday, 15 May 2018, 10:00 a.m., in the Kongress Palais Kassel Stadthalle, Holger-Börner-Platz
More informationNAREIT Investor Conference Summary of Public Storage/Shurgard Merger
THE MOST RECOGNIZED BRANDS IN SELF-STORAGE NAREIT Investor Conference Summary of Public Storage/Shurgard Merger June 6-8, 2006 page 1 Disclosures Forward-Looking Statements This presentation contains forward-looking
More informationDetailed explanations on the rights of shareholders
Detailed explanations on the rights of shareholders Ordinary Annual General Meeting of K+S Aktiengesellschaft on Wednesday, 14 May 2014, 10.00 a.m., in the Kongress Palais Kassel Stadthalle, Holger-Börner-Platz
More informationFY/Q Conference Call March 16th, 2017
K+S Aktiengesellschaft FY/Q4 2016 Conference Call March 16th, 2017 Dr. Burkhard Lohr, CFO Potash and Magnesium Products Legacy Project: Production of 1 st Ton in Q2/17 Rail connection completed Rail and
More informationAGI ANNOUNCES STRATEGIC ACQUISITION OF GLOBAL INDUSTRIES, INC.
AGI ANNOUNCES STRATEGIC ACQUISITION OF GLOBAL INDUSTRIES, INC. Complementary product catalogue adds grain dryer line and strong on farm stationary handling capabilities Improves grain bin and handling
More informationAll Securities Law, Franchise Law, and Take-Over Law Filings for 9/30/2018 through 10/6/2018
Securities Law Registration Filings Made with DFI s Securities Number of Registration Filings: 0 Securities Law Exemption Filings Made with DFI s Securities Number of Exemption Filings: 0 Securities Law
More informationOctober 2011 CEMEX Presentation
October 2011 CEMEX Presentation Investment highlights Global leader in the building materials industry Our products are the foundation for growth, with virtually no substitutes Positive demographic trends
More informationKeith Nichols, CFO London, June 12, 2008 UBS Global Basic Materials Conference
Keith Nichols, CFO London, June 12, 2008 UBS Global Basic Materials Conference The new AkzoNobel: Key facts Pro forma 2007 Revenue 14.4 billion Around 60,000 employees EBITDA: 1.9 billion EBIT: 1.4 billion
More informationSpeech by Dr. Ralf Bethke,
Experience growth. K+S Aktiengesellschaft Annual General Meeting on Stadthalle, Kassel Speech by Dr. Ralf Bethke, Chairman of the Board of Executive Directors The spoken word is binding - 2 - Welcome K+S
More informationjuly 2012 CEB to Acquire SHL Compelling Value Creation, Growth, and Scale Opportunity
july 2012 CEB to Acquire SHL Compelling Value Creation, Growth, and Scale Opportunity Safe Harbor Disclaimer This presentation contains forward-looking statements within the meaning of the Private Securities
More informationDe-icing salt opportunity May 2016
De-icing salt opportunity May 016 1 Important notices This document is produced for information only and not in connection with any specific or proposed offer (the Offer ) of securities in Sirius Minerals
More informationThe Acquisition of Regions Insurance Group. April 6, 2018
The Acquisition of Regions Insurance Group April 6, 2018 Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform
More informationK+S Aktiengesellschaft. Analyst Conference. on 14 November in Frankfurt am Main. Speech by Dr. Ralf Bethke,
Experience growth. K+S Aktiengesellschaft Analyst Conference on in Frankfurt am Main Speech by Dr. Ralf Bethke, Chairman of the Board of Executive Directors The spoken word is binding 1 Welcome! K+S Group
More informationInvestor Update September / October 2017
Investor Update September / October 2017 [Beacon logo] Forward Looking Statements and Non-GAAP Measures This presentation contains forward-looking statements within the meaning of the Private Securities
More informationCOMPANY PRESENTATION. Thomas Gutschlag, CEO
COMPANY PRESENTATION Thomas Gutschlag, CEO May 2017 DISCLAIMER This document constitutes neither an offer to sell nor a solicitation of an offer to buy or subscribe to any securities of Deutsche Rohstoff
More informationCOMPANY PRESENTATION. Thomas Gutschlag, CEO
COMPANY PRESENTATION Thomas Gutschlag, CEO March 2017 DISCLAIMER This document constitutes neither an offer to sell nor a solicitation of an offer to buy or subscribe to any securities of Deutsche Rohstoff
More informationINCREASED SALES VOLUME AND IMPLEMENTATION OF EFFICIENCY PLAN CONTRIBUTE TO IMPROVED RESULTS BY ICL IN THE THIRD QUARTER
PRESS CONTACT INVESTOR RELATIONS CONTACT Amiram Fleisher Limor Gruber Fleisher Communications Head of Investor Relations, ICL +972-3-6241241 +972-3-684-4471 amiram@fleisher-pr.com Limor.Gruber@icl-group.com
More informationInvestor Presentation March 2016
Investor Presentation March 2016 Forward-Looking Statements / Non-GAAP Financial Measures Forward-Looking Statements During the course of this presentation, we may make forward-looking statements or provide
More informationCreating a Uniquely Global and Integrated Infrastructure Group. October 2017
Creating a Uniquely Global and Integrated Infrastructure Group 1 October 2017 Agenda 1. Transaction Overview 2. Rationale for the Combination 3. Profile of the New HOCHTIEF 4. Key takeaways for ACS 2 Strategic
More informationAssurant and The Warranty Group: Creating a Leading Global Lifestyle Provider
Assurant and The Warranty Group: Creating a Leading Global Lifestyle Provider 1 Safe Harbor Statement Some of the statements included in this presentation, particularly those with respect to the proposed
More informationLondon December 3, 2010 Bank of America Merrill Lynch European Chemicals Conference. Keith Nichols - CFO
London December 3, 2010 Bank of America Merrill Lynch European Chemicals Conference Investor Update Q3 2010 results Keith Nichols - CFO Agenda AkzoNobel at a glance Strategic ambitions Q3 2010 highlights
More informationC R E D I T S U I S S E G L O B A L C H E M I C A L A N D A G R I C U LT U R E C O N F E R E N C E
P R O S P E R I T Y T H R O U G H I N V E S T M E N T C R E D I T S U I S S E G L O B A L C H E M I C A L A N D A G R I C U LT U R E C O N F E R E N C E S E P T E M B E R 1 3, 2 0 1 6 F O R WA R D - L
More informationK+S Group. Compendium. November 2018
Compendium November 2018 Global Presence¹ 44% 35% 2% 8% 11% Employees by Region 2017 70% 22% 5% 3% 1% 1 Revenues by Region 2017 Germany North America South America Rest of Europe Asia 3 Our Salt Industrial
More informationSAMSONITE INTERNATIONAL S.A.
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness
More informationSamsonite International S.A Avenue de la Liberte, L-1931, Luxembourg RCS Luxembourg: B (Incorporated under the laws of Luxembourg with
Samsonite International S.A. 13 15 Avenue de la Liberte, L-1931, Luxembourg RCS Luxembourg: B159469 (Incorporated under the laws of Luxembourg with limited liability) Consolidated financial statements
More informationFrank Staud, Executive Vice President, Watson to Acquire Actavis Group for EUR4.25 Billion
NEWS RELEASE WATSON CONTACTS: ACTAVIS CONTACT: Investors: Frank Staud, Executive Vice President, Lisa Defrancesco Corporate Communications (862) 261-7152 41 41 462 7370 Patty Eisenhaur (862) 261-8141 Media:
More informationP R O S P E R I T Y T H R O U G H I N V E S T M E N T I N V E S T O R P R E S E N TAT I O N
P R O S P E R I T Y T H R O U G H I N V E S T M E N T I N V E S T O R P R E S E N TAT I O N F E B R U A R Y 2 2-2 3, 2 0 1 7 F O R WA R D - L O O K I N G S TAT E M E N T S This presentation may contain
More informationehealth, Inc Fall Cost Report for Individual and Family Policyholders
ehealth, Inc. 2010 Fall Cost Report for and Family Policyholders Table of Contents Page Methodology.................................................................. 2 ehealth, Inc. 2010 Fall Cost Report
More informationContent. Management Report 1. Income Statement 58. Balance Sheet 59. Development of Non-current Assets 59. Notes 61. List of Shareholdings 76
Content Management Report 1 Income Statement 58 Balance Sheet 59 Development of Non-current Assets 59 Notes 61 List of Shareholdings 76 Auditor s Report 89 MANAGEMENT REPORT OF THE K+S AKTIENGESELLSCHAFT
More information