K+S Trims Outlook for Sales, Profit as Clients Nurse Stocks

Bloomberg reported that K+S AG (ETR:SDF) revised its potash sales and profit outlook.

As quoted in the market news:

Next year the company expects stable revenue and operating profit at about the same level as in 2011, it said today. Previously it forecast a “moderate increase” in profit. Sales this year will rise to as much as 5.25 billion euros instead of 5.3 billion euros, K+S said today.

Click here to read the full Bloomberg report.