Mosaic Announces August 2021 Sales Revenue and Volumes

Rhea-AI Summary

The Mosaic Company (NYSE:MOS) reported its sales revenue and volumes for August 2021, showing mixed results across its business units. In Potash, sales volumes decreased to 610,000 tonnes from 741,000 tonnes year-on-year, but sales revenue rose to $196 million compared to $154 million in August 2020. Mosaic Fertilizantes also experienced a volume decline to 1,134,000 tonnes, while revenue increased to $602 million. Conversely, Phosphates faced a volume drop to 666,000 tonnes, but revenue surged to $465 million, up from $261 million the previous year.

Positive

• Mosaic Fertilizantes sales revenue increased to $602 million from $393 million year-on-year.
• Potash sales revenue improved to $196 million, up from $154 million in August 2020.
• Phosphate revenue significantly rose to $465 million, compared to $261 million a year earlier.

Negative

• Potash sales volume decreased to 610,000 tonnes from 741,000 tonnes year-on-year.
• Mosaic Fertilizantes sales volume fell to 1,134,000 tonnes from 1,266,000 tonnes in August 2020.
• Phosphate sales volumes dropped to 666,000 tonnes from 743,000 tonnes year-on-year.

TAMPA, FL / ACCESSWIRE / September 13, 2021 / The Mosaic Company (NYSE:MOS) announced its August 2021 sales revenue and volumes by business unit.

Potash (1)	August 2021	August 2020
Sales volumes in thousands of tonnes (2)	610	741
Sales revenue in millions	$196	$154

Mosaic Fertilizantes (1)	August 2021	August 2020
Sales volumes in thousands of tonnes (2)	1,134	1,266
Sales revenue in millions	$602	$393

Phosphates (1)	August 2021	August 2020
Sales volumes in thousands of tonnes (2)	666	743
Sales revenue in millions	$465	$261

⁽¹⁾ The revenue and tonnes presented are sales as recognized in the month and do not reflect current market conditions due to the delays between pricing and revenue recognition.

⁽²⁾ Tonnes = finished product tonnes

About The Mosaic Company
The Mosaic Company is one of the world's leading producers and marketers of concentrated phosphate and potash crop nutrients. Mosaic is a single source provider of phosphates and potash fertilizers and feed ingredients for the global agriculture industry. More information on the company is available at www.mosaicco.com .

The Mosaic Company Contacts
Media:	Investors:
Ben Pratt, 813-775-4206	Laura Gagnon, 813-775-4214 or
benjamin.pratt@mosaicco.com	Paul Massoud, 813-775-4260
	investor@mosaicco.com

SOURCE: The Mosaic Company

View source version on accesswire.com:
https://www.accesswire.com/663611/Mosaic-Announces-August-2021-Sales-Revenue-and-Volumes

FAQ

What were Mosaic's sales revenue figures for August 2021?

Mosaic reported sales revenue of $196 million for Potash, $602 million for Mosaic Fertilizantes, and $465 million for Phosphates in August 2021.

How did Mosaic's sales volumes change in August 2021 compared to August 2020?

In August 2021, Potash volumes were 610,000 tonnes (down from 741,000), Mosaic Fertilizantes was 1,134,000 tonnes (down from 1,266,000), and Phosphates was 666,000 tonnes (down from 743,000).

What is the stock symbol for The Mosaic Company?

The stock symbol for The Mosaic Company is MOS.