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K+S Group Posts Loss In Q1

Corporate EarningsCompany Fundamentals

K+S Group reported a net loss after tax and non-controlling interests of 156.9 million euros, versus net income of 85.5 million euros a year earlier, while loss per share was 0.88 euros compared with a 0.48-euro profit previously. EBITDA was 279.2 million euros, up from 200.6 million euros, indicating some operating improvement despite the bottom-line deterioration.

Analysis

K+S Group reported a net loss after tax and non-controlling interests of 156.9 million euros, versus net income of 85.5 million euros a year earlier, while loss per share was 0.88 euros compared with a 0.48-euro profit previously. EBITDA was 279.2 million euros, up from 200.6 million euros, indicating some operating improvement despite the bottom-line deterioration.

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Market Sentiment

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moderately negative

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