Skip to main content

K+S increases profit forecast

Published by , Editor
World Fertilizer,


As reported by Reuters, K+S has raised its 2021 core profit outlook for the second time this year, citing higher average prices in the agriculture customer segment and a strong industry business.

The potash producer now expects to report full-year EBITDA of €700-800 million (US$832-951 million). The company, which produces about 11% of the world’s potash had already in May raised the guidance to €500-600 million.

In July, it reported better than expected preliminary 2Q21 core profit, which more than doubled year on year.

Read the article online at: https://www.worldfertilizer.com/potash/06082021/ks-increases-profit-forecast/

You might also like

 EnviroTech

Ready to revolutionise the cement industry?

Join our sister publication, World Cement, in Lisbon, 10 – 13 March 2024, for their first in-person conference and exhibition: EnviroTech.

This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.

Get your early bird tickets NOW »

 
 
 

Embed article link: (copy the HTML code below):


 

World Fertilizer is not responsible for the content of external internet sites.