K&S posts Q1 profit above market expectations
30/04/2024 09:43
April 30 (Reuters) - German salt and potash miner K&S
SDFGn.DE on Tuesday reported its profit above market
expectations for the first quarter, citing strong European,
specialty and industry business.
Based on preliminary calculations, the company posted
quarterly earnings before interest, taxes, depreciation and
amortization (EBITDA) at around 200 million euros ($213.96
million), above analysts' forecast of 165 million in a poll
compiled by Vara Research.
($1 = 0.9348 euros)
(Reporting by Ozan Ergenay
Editing by Miranda Murray)
((Ozan.Ergenay@thomsonreuters.com;))