Presentation documents Dr. Ralf Bethke - K+S Aktiengesellschaft

k.plus.s.com

Presentation documents Dr. Ralf Bethke - K+S Aktiengesellschaft

1

Annual General Meeting

K+S Aktiengesellschaft

on May 9, 2001 in Kassel

People, Nature, Our World.


2

..

Frisia Zout B.V.

KTG

U B T

Potash and

Magnesium

Products

COMPO

fertiva

Salt

Waste

Management

and Recycling

Services

and

Trading

May 9, 2001


3

All business segments work hand in hand and are intermeshed,

both technically and economically, in manifold ways !

May 9, 2001


K+S Group

Sales and earnings

4

€ million

2000

1999

Changes

Sales

2,087.9

1,191.9

+75%

Earnings before interest

and taxes (EBIT)

126.8

88.5

+43%

Net income

119.8

98.5

+22%

Gross cash flow

241.4

228.3

+ 6 %

May 9, 2001


K+S Group

Sales by business segments 2000

€ million

Potash and

Magnesium Products

K+S Group: € 2,087.9 million

963.2

+75%

+3%

5

COMPO *

331.6

not

comparable

fertiva *

552.2

not

comparable

Salt

Waste Management

and Recycling

Services and Trading

76.8

49.2

114.9

-22%

+14%

+19%

* not included in 1999 K+S Group sales

May 9, 2001


K+S Group

Sales structure 1999 and 2000

6

1999 2000

Services and Trading

Waste Management

and Recycling

Salt

Services and Trading

Waste Management

and Recycling

Salt

Potash and

Magnesium

Products

Potash and

Magnesium

products

COMPO

fertiva

We have become more robust

May 9, 2001


K+S Group

Sales by regions 2000

7

Breakdown

in € million

Change

in € million

Europe

1,599

(77%)

+ 695

489

(23%)

Overseas

+ 201

May 9, 2001


K+S Group

Strongest sales markets 2000 - Europe and overseas

€ million

8

604

Europe

Overseas

307

149

89 83

132

44 34 30 23

FRG F B E I Braz. Malay. USA China Indon.

May 9, 2001


K+S Group

EBIT by business segments 2000

€ million

Potash and

Magnesium Products

K+S Group: € 126.8 million

82.8

+43%

+42%

9

COMPO *

21.8

not

comparable

fertiva *

Salt

0.3

4.9

not

comparable

-74%

Waste Management

and Recycling

24.6

+4%

Services and Trading

4.5

-13%

Transitional amounts -12.1

* not included in 1999 K+S Group earnings

May 9, 2001


K+S Group

Employees

10

2000

1999

K+S Group on Dec. 31

of which: trainees

= ratio of trainees

9,402

479

5.1%

9,176

473

5.2%

May 9, 2001


K+S Group

Main measures in the personnel and social area

in 2000

11

Staff participation in earnings:

- Additional annual bonus

- Issuance of employee shares

Introduction of a profit-oriented

remuneration system

May 9, 2001


K+S Group

Capital expenditures to tangible fixed assets

€ million

12

193

101

124

139

130

1999 2000 2001 2002 2003

plan

May 9, 2001


Completion in 2001 of

13

new Kieserite factory at

Sigmundshall potash plant

May 9, 2001


New head office building in Kassel

14

May 9, 2001


K+S Group

Acquisitions in the COMPO segment

15

Gesal plant care programme

Algoflash S.A.

Sales:

abt. € 65 million

Employees: abt. 165

Strengthening of COMPO brand portfolio

Expansion of COMPO market position

Exploitation of cost advantages

May 9, 2001


May 9, 2001

16


K+S Group

Broadening the salt product portfolio

17

Winter maintenance

Food chains/wholesalers

Food processing industry

Various industrial and

technical uses

Frisia Zout B.V.

Chemical industry

May 9, 2001


Salt market

Main European crystallized salt suppliers

18

Supply in million tonnes

Akzo, NL

K+S/Solvay, FRG

(planned joint venture)

Salins du Midi, F

3.0

4.8

4.8

Südsalz, FRG

2.7

Salt Union, GB

2.1

Poland

Italkali, I

1.2

1.5

British Salt, GB

0.6

basis 1998

May 9, 2001


K+S Aktiengesellschaft

K+S share price compared to the DAX and MDAX

Index: January 2, 1998 = 100

19

280

260

240

220

200

180

160

1998 1999 2000

2001

K+S

140

120

100

80

Jan. July Jan. July Jan. July Jan. July

DAX

MDAX

source: Deutsche Börse AG

May 9, 2001


K+S Aktiengesellschaft

20

Valuation of K+S Aktiengesellschaft by stock market

€ million

591

703

797

909

374

1997 1998 1999 2000 2001

Year-end

* *

May 7

* 45 million shares

May 9, 2001


K+S Aktiengesellschaft

Net dividend and total dividend payment

21

37.6

**

25.6

dividend payment

- € million -

17.9

0.85 *

0.57

dividend

- € per share -

0.36

* proposal

** basis: 45 million shares less 0.75 million own shares

1998 1999 2000

May 9, 2001


K+S Group

Sales and earnings 1 st quarter

€ million

2001

1 st st quarter

2000

1 st st quarter

Changes

22

Sales

656.3

579.8

+13%

Earnings before interest

and taxes (EBIT)

68.6

60.0

+14%

Earnings before income taxes

68.2

59.0

+16%

Earnings after taxes

61.8

54.3

+14%

May 9, 2001


Healthy growth

23

Development of productivity

Strong market positions

Cooperations and acquisitions

This makes possible good earnings

Attractive dividends

Appropriate participation of employees

May 9, 2001

More magazines by this user
Similar magazines