Like Musk, Potash Firm K+S is Troubled by German Worker Sickness [Yahoo! Finance]
K PLUS S AG S/ADR (KPLUY)
NASDAQ:AMEX Investor Relations:
k-plus-s.com/en/investor-relations
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Source: Yahoo! Finance
Under Trump, Prepare for New US Transportation Priorities Zimbabwe City of 700,000 at Risk of Running Dry by Year-End Saudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency Sace The Urban-Rural Divide Over Highway Expansion and Emissions Arizona Elections Signal Robust Immigration Enforcement Under Trump Agricultural-chemicals group K+S AG expects full-year Ebitda near the low end of a previously-guided range after it tweaked its sales-volume forecast, in part due to illness among workers. K+S's difficulties echo September's comments by Tesla Inc. Chief Executive Officer Musk, who said he was looking into high rates of absenteeism at the electric vehicle maker's lone car plant in Europe. Companies in Germany have been tackling soaring staff absences in the wake of Covid. “The adjustment in sales volumes is due to production bottlenecks, particularly caused by an above-average sickness rate,” K+S said in its third-quarter earnings report. The firm is
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