News: K&S AG (SDFGn.DE)
23 Dec 2014
Thu, Nov 13 2014
(Rewrites throughout; adds futures, further company news) LONDON, Nov 13 - European shares were set to rebound on Thursday, with German potash miner K+S likely to be among top gainers as it raised its profit expectations. Futures for the Euro STOXX 50 equity index, Germany's DAX, France's CAC and Britain's FTSE 100 were between 0.5 percent and 0.6 percent higher at 0721 GMT. The Euro STOXX 50 had fallen 1.8 percent on Wednesday, with utilities stocks slipping after disappoi
FRANKFURT, Nov 13 - German potash miner K+S raised its expectations for full-year earnings after its quarterly operating result rose 16 percent, helped by a recovery in prices for potash products.
* Q2 adj EBIT 157.3 mln euros vs Rtrs poll avg 103 mln euros
FRANKFURT, Aug 14 - Operating profit at German potash miner K+S declined 3.3 percent as lower prices of the fertiliser mineral were partly offset by an insurance payment for an accident at one of its mines.
PHILIPPSTHAL, Germany, July 3 - Germany's K+S has seen potash prices stabilise as farmers refill inventories that were depleted when the collapse of one of the world's two big cartels for the fertiliser mineral plunged the sector into turmoil last year.