K+S 3Q Potash/Mag earnings off, sales up

摘要

Kasel—Costs crimped K+S Group's Potash/Magnesium segment during the third quarter ending Sept. 30, 2012, with operating earnings for the segment down 7.3 percent to?158.8million,versustheyear-ago ? 171.3 million. Sales were up 10.1 percent, to ?560.5 million from the year-ago ?508.9 million. Salt earnings were off 61.7 percent due to weak restocking, a major factor dragging company-wide earnings down 13.8 percent to ?156.7 million on revenues of ?916.6 million, versus the year-ago ?181.8 million on revenues of ?853.5 million.