K+S Aktiengesellschaft (KPLUY) Q2 2026 Earnings Call August 12, 2026 4:00 AM EDT
Company Participants
Julia Bock – Head of Investor Relations
Christian Meyer – Chairman of Board of Executive Directors
Jens Keuthen – CFO & Head of Legal, Tax, Regulatory Affairs & New Business Areas and Member of Mngt. Board
Conference Call Participants
Christian Faitz – Kepler Cheuvreux, Research Division
David Symonds – BNP Paribas, Research Division
Michael Schaefer – ODDO BHF Corporate & Markets, Research Division
Angelina Glazova – JPMorgan Chase & Co, Research Division
Lisa Hortense De Neve – Morgan Stanley, Research Division
Sebastian Bray – Joh. Berenberg, Gossler & Co. KG, Research Division
Presentation
Operator
Welcome to the K+S Second Quarter 2026 Earnings Call.
I will now hand over to Julia from K+S for some technical notes.
Julia Bock
Head of Investor Relations
Ladies and gentlemen, also from my side, welcome to our call. We hope you’ve had a chance to review our posted slides as well as our H1 documents available on our website.
After the opening remarks by Christian, we will jump directly into the Q&A session.
Some technical notes. Please refer to our disclaimer on Page 2 of the posted presentation.
And a note on data privacy, please be aware that the Teams session will be recorded, webcast and available as an audio replay on our homepage afterwards. [Operator Instructions]
Now I’d like to hand over to Christian, our CEO, for the opening remarks.
Christian Meyer
Chairman of Board of Executive Directors
Thank you, Julia, and welcome from my side as well. Let’s start with the quarter. Q2 EBITDA was significantly above the last year’s Q2 at about EUR 176 million. This was mainly due to the higher ASP, higher volumes and cost discipline, offsetting the pressure from price-related cost increases resulting from the geopolitical environment.
In addition, please
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