)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
K+S (SDF) investor relations material
K+S Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary11 Nov, 2025
Executive summary
Q3 2025 EBITDA rose 68.6% year-over-year to €110.7 million, with revenues up 1.5% to €879 million, driven by improved pricing, positive FX, and no inventory drawdown.
Adjusted free cash flow improved to €37 million in Q3 2025, and for the first nine months totaled €61.6 million.
Agriculture sales volume (excluding trade goods) was 1.74 million tonnes, slightly down year-over-year, while ASP increased to €336.5/t.
Transformation initiatives and product mix optimization are ongoing, with a focus on higher-margin specialties.
Non-cash impairment losses of €2,063 million were recognized in H1 2025, with a €4 million reversal in Q3.
Financial highlights
Q3 2025 EBITDA margin improved to 12.6% from 7.6% in Q3 2024.
Depreciation and amortization fell 24.9% year-over-year in Q3, reflecting prior impairments.
Adjusted group earnings after tax in Q3 were €18.3 million, up from a loss of €43.7 million in Q3 2024.
Operating cash flow for Q3 was €161 million; CapEx was €134.5 million.
Book value per share was €23.83, down 31.7% year-over-year.
Outlook and guidance
2025 EBITDA is expected between €570 million and €630 million, with the midpoint unchanged.
Adjusted free cash flow for 2025 is forecast to be slightly positive.
Agriculture segment sales volumes (excluding trade goods) are forecast at about 7.4 million tonnes for 2025.
CapEx for 2025 is projected at about €550 million.
ROCE (excluding impairments) expected in the low single-digit range.
Implications of revised long-term potash price assumptions?
Impact of product mix optimization on margins?
How is transformation financed at low potash prices?
What is the Neuhof tailing pile solution timeline?
Chinese potash contract timing and price outlook?
What is the remaining specialty product mix potential?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next K+S earnings date
Q4 202512 Mar, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
K+S Aktiengesellschaft, a supplier of mineral products, primarily for the agricultural and industrial segments. The company also provides regional community services in three European regions. Its agricultural segment supplies potash and magnesium products, nitric acid, salt specialties and fine chemicals, salt, water conditioning products, and water treatment plants.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage