Lockdowns do not always have to be something negative, by definition, as one could start a private cooking career or the beginning of the home swimming pool season could be moved forward, especially in the Americas. The Consumer segment could offset much of the negativity in k+s’s Q2 report. However, the agro business suffered from lower ASP in all reported regions. Profitability in Europe+ nearly halved. The reported figures were slightly below our expectations, but street expectations
13 Aug 2020
Stay-at-home's positive effects did not help everywhere
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Stay-at-home's positive effects did not help everywhere
Lockdowns do not always have to be something negative, by definition, as one could start a private cooking career or the beginning of the home swimming pool season could be moved forward, especially in the Americas. The Consumer segment could offset much of the negativity in k+s’s Q2 report. However, the agro business suffered from lower ASP in all reported regions. Profitability in Europe+ nearly halved. The reported figures were slightly below our expectations, but street expectations