Kassel, Germany-The K+S Group reported a 65.8 percent increase in operating earnings from its potash/magnesium segment for the third quarter ending Sept. 30, 2007. Earnings were E65.0 million on sales of E313.5 million, versus the year-ago E39.2 million and E288.3 million, respectively. Nine-month earnings from the segment were up 41.2 percent, to E173.7 million on sales of E1.02 billion, versus the year-ago E123 million and E943.3 million, respectively. Company-wide, third-quarter earnings after taxes were E47.6 million (E1.15 per share) on sales of E727.1 million, versus the year-ago E31.5 million (E.76 per share) and E670.1 million, respectively. Nine-month earnings were E152.4 million (E3.70 per share) on revenues of E2.45 billion, versus the year-ago E141.7 million (E3.44 per share) and E2.22 billion.
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