K+S Aktiengesellschaft Reports EUR 2 Billion Non-Cash Impairment Loss

K+S Aktiengesellschaft announced a significant non-cash impairment loss of approximately EUR 2 billion in its consolidated balance sheet. The impairment, effective as of June 30, 2025, is primarily due to the recent depreciation of the US dollar and changes in long-term potash price assumptions, alongside an increase in the cost of capital. Despite the impairment, the preliminary book value per share remains over EUR 20, well above the current share price.

The company noted that the impairment aligns with its IFRS obligations and will impact adjusted consolidated earnings after tax, without resulting in cash outflows. The finalization of accounts continues, and K+S plans to release its H1/2025 Financial Report on August 12. No significant depreciations or amortizations are expected in individual financial statements by year-end. The situation does not threaten K+S's dividend-paying ability.