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Fertilizer Firm K+S Beats Profit Forecasts
May. 02, 2011 06:59PM PST
Potash InvestingReuters Africa reported that high demand for fertilizer boosted K+S to better than expected first quarter results.
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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