1 Min Read
BERLIN, Aug 13 (Reuters) - Germany's K+S AG kept its guidance for a significant increase in full-year earnings after second-quarter operating profit rose more than expected to 179.2 million euros ($199.56 million).
Quarterly operating profit rose 14 percent from last year's 157.3 million euros, beating a 168 million-euro consensus forecast in a Reuters poll.
The salt and fertilizer company on Thursday affirmed its rejection of a takeover proposal by Canada's Potash Corp of Saskatchewan which is worth 41 euros per share.
$1 = 0.8980 euros Reporting by Andreas Cremer; Editing by Kirsti Knolle