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K+S warns Q2 profit dramatically lower than a year earlier, shares collapse

Cecilia Jamasmie | June 27, 2016 | 7:40 am Canada Europe Potash 

Germany-based fertilizer producer K+S AG (FRA:SDF1) warned Monday its second-quarter profit would be significantly below year-earlier levels due to weak prices, production outages and poor sales. The company, which last year rejected a takeover approach from Canadian rival Potash Corp (TSX:POT), said preliminary...

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