Fertilizer Firm K+S Beats Profit Forecasts

Reuters Africa reported that high demand for fertilizer boosted K+S to better than expected first quarter results.

The market news is quoted as saying:

K+S said its first-quarter adjusted net income rose 54.7 percent to 272 million euros ($403 million), above the average analyst estimate of 210 million according to Thomson Reuters I/B/E/S data.

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