Increasing Demand Boosts K+S Profits

Bloomberg reported that K+S AG (FRA:SDF1) beat estimates with its first quarter profit results.

As quoted in the market news:

Earnings before interest and tax excluding one-time items, which the company calls Ebit I, declined 24 percent to 281.1 million euros ($364.8 million) in the quarter, Kassel, Germany- based K+S said today in a statement. Analysts surveyed by Bloomberg had predicted 265.4 million euros.

Click here to read the full Bloomberg report.