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Mosaic Announces July 2021 Sales Revenue and Volumes

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The Mosaic Company (NYSE:MOS) reported its July 2021 sales revenue and volumes across its business units. In Potash, sales volumes decreased to 629,000 tonnes from 743,000 tonnes in July 2020, while revenue rose to $191 million from $154 million. In Mosaic Fertilizantes, sales volumes slightly decreased to 1,197,000 tonnes from 1,201,000 tonnes, with revenue increasing to $585 million from $385 million. Phosphate sales volumes dropped to 597,000 tonnes from 676,000 tonnes, but revenue surged to $407 million from $233 million.

Positive
  • Potash sales revenue increased from $154 million to $191 million year-over-year.
  • Mosaic Fertilizantes revenue grew from $385 million to $585 million year-over-year.
  • Phosphate revenue saw a significant rise from $233 million to $407 million year-over-year.
Negative
  • Potash sales volumes declined from 743,000 tonnes to 629,000 tonnes.
  • Mosaic Fertilizantes sales volumes decreased slightly from 1,201,000 tonnes to 1,197,000 tonnes.
  • Phosphate sales volumes fell from 676,000 tonnes to 597,000 tonnes.

TAMPA, FL / ACCESSWIRE / August 12, 2021 / The Mosaic Company (NYSE:MOS) announced its July 2021 sales revenue and volumes by business unit.

Potash(1)
July 2021 July 2020
Sales volumes in thousands of tonnes(2)
629 743
Sales revenue in millions
$191 $154
Mosaic Fertilizantes(1)
July 2021 July 2020
Sales volumes in thousands of tonnes(2)
1,197 1,201
Sales revenue in millions
$585 $385
Phosphates(1)
July 2021 July 2020
Sales volumes in thousands of tonnes(2)
597 676
Sales revenue in millions
$407 $233

(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, 813-775-4206Laura Gagnon, 813-775-4214 or
benjamin.pratt@mosaicco.comPaul Massoud, 813-775-4260
investor@mosaicco.com

SOURCE: The Mosaic Company



View source version on accesswire.com:
https://www.accesswire.com/659543/Mosaic-Announces-July-2021-Sales-Revenue-and-Volumes

FAQ

What were Mosaic Company's potash sales in July 2021?

In July 2021, Mosaic's potash sales volumes were 629,000 tonnes with sales revenue of $191 million.

How did Mosaic Fertilizantes perform in July 2021?

Mosaic Fertilizantes reported sales volumes of 1,197,000 tonnes and revenue of $585 million in July 2021.

What were the phosphate sales figures for Mosaic in July 2021?

In July 2021, Mosaic's phosphate sales volumes were 597,000 tonnes, generating $407 million in revenue.

The Mosaic Company

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