K+S (ETR:SDF) Second Quarter 2023 Results
Key Financial Results
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Revenue: €825.8m (down 45% from 2Q 2022).
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Net loss: €45.3m (down by 112% from €370.3m profit in 2Q 2022).
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€0.24 loss per share (down from €1.94 profit in 2Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
K+S EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 28%.
Looking ahead, revenue is expected to decline by 4.1% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to grow by 2.2%.
Performance of the German Chemicals industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 3 warning signs for K+S (1 shouldn't be ignored) you should be aware of.
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