News: K&S AG (SDFGn.DE)

SDFGn.DE on Xetra

11 Jul 2014
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Thu, Jul 3 2014

K+S says farmers replenishing fertiliser inventories

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.

UPDATE 1-K+S profit beats consensus as potash prices bottom out

* CEO says sees signs of prices bottoming out (Adds industry background, peers' recent earnings, details on salt unit)

STOCKS NEWS EUROPE-K+S falls as outlook disappoints

Shares in German potash miner K+S fall 6 percent to a three-week low at the bottom of German blue-chip index DAX due to a disappointing outlook, traders say.

UPDATE 2-K+S sees 2014 profit hit by lower potash prices

* Sticks to new Legacy mine in Canada on long-term growth

UPDATE 2-Germany's K+S cuts dividend on potash market turmoil

* Cuts dividend to 0.25 eur/shr amid uncertain potash market

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