K+S Ag 2020 AR2
The report details the performance of the company during the 2020 financial year, highlighting its resilience during the COVID-19 pandemic. Key achievements included reaching an agreement to sell the Americas operating unit for USD 3.2 billion to reduce debt, and establishing the REKS waste management joint venture with REMEX. Despite these milestones, the company's EBITDA declined to ’444.8 million, primarily due to lower potash prices and a weak de-icing salt business caused by mild winter weather. Additionally, the company recognized a non-cash asset impairment loss of ’1.86 billion following adjusted long-term assumptions for the potash business.
Company: K+S Ag
Sector: Mining & quarrying
Country: Germany
Year: 2020
Type: AR2
Pages: 234
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K+S Ag
Annual Report
The report details the performance of the company during the 2020 financial year, highlighting its resilience during the COVID-19 pandemic. Key achievements included reaching an agreement to sell the Americas operating unit for USD 3.2 billion to reduce debt, and establishing the REKS waste management joint venture with REMEX. Despite these milestones, the company's EBITDA declined to ’444.8 million, primarily due to lower potash prices and a weak de-icing salt business caused by mild winter weather. Additionally, the company recognized a non-cash asset impairment loss of ’1.86 billion following adjusted long-term assumptions for the potash business.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women in Management
Workplace Fatalities
Employees