K&S AG (SDFGn.DE)
24 Apr 2014
|Market Cap (Mil.):||€4,566.80|
|Shares Outstanding (Mil.):||191.40|
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.
* Sticks to new Legacy mine in Canada on long-term growth
* Cuts dividend to 0.25 eur/shr amid uncertain potash market
* Now sees year operating profit down by up to 25 pct to over 600 mln euros
FRANKFURT, Nov 6 - German potash miner K+S said it would develop its new potash mine in Canada on its own after rival Mosaic, North America's second-biggest potash producer, signalled interest in investing in the project.
BERLIN, Oct 25 - German miner K+S, hit by uncertainty over the price of potash fertiliser, is looking into cutting its annual costs by hundreds of millions of euros, two people familiar with the discussions told Reuters on Friday.
Earnings vs. Estimates
Analyst Research Reports
K+S - Finlabo Research Equity Report: Fundamental and Technical Analysis and 6 months performance forecast
Provider: Finlabo SIM Spa
K&S AG: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Directors Deals Ltd.
Provider: Thomson Reuters StreetEvents
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