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K+S reported 2020 revenue of €3.7 billion and EBITDA of €445 million, down from 2019 on weaker potash prices and a mild winter. The company expects 2021 EBITDA of €440 to €540 million and says potash production may rise.
It also highlights a sale of an Americas unit that will reduce debt.
Company guidance points to a modest recovery in potash prices in 2021 after a weak 2020. Higher potash prices would raise fertilizer costs for grain and oilseed producers.
richfield.com.uaMar 16, 2021Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
