Mosaic Announces November 2020 Sales Revenues and Volumes

Rhea-AI Summary

The Mosaic Company (NYSE:MOS) reported significant sales figures for November 2020, showcasing a robust performance across its business units.

In Potash, sales volumes reached 746,000 tonnes, generating $162 million in revenue, compared to 356,000 tonnes and $92 million in November 2019.

Mosaic Fertilizantes recorded sales volumes of 694,000 tonnes with revenues of $242 million, while Phosphates achieved 719,000 tonnes sold, leading to revenues of $312 million.

Positive

• Potash sales volumes rose to 746,000 tonnes in November 2020 from 356,000 tonnes in November 2019.
• Potash revenues increased significantly, reaching $162 million compared to $92 million in the previous year.
• Mosaic Fertilizantes showed solid sales volumes of 694,000 tonnes, although revenues slightly decreased to $242 million from $253 million year-over-year.
• Phosphate sales volumes rose to 719,000 tonnes, with revenues increasing to $312 million from $188 million in November 2019.

Negative

• Mosaic Fertilizantes experienced a decline in revenues from $253 million in November 2019 to $242 million in November 2020.

TAMPA, FL / ACCESSWIRE / December 14, 2020 / The Mosaic Company (NYSE:MOS) announced its November 2020 sales revenue and sales volumes by business unit.

Potash(1)	November 2020	November 2019
Sales Volumes in thousands of tonnes(2)	746	356
Sales Revenues in millions	$162	$92

Mosaic Fertilizantes(1)	November 2020	November 2019
Sales Volumes in thousands of tonnes(2)	694	644
Sales Revenues in millions	$242	$253

Phosphates(1)	November 2020	November 2019
Sales Volumes in thousands of tonnes(2)	719	517
Sales Revenues in millions	$312	$188

⁽¹⁾The revenues 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:
Ben Pratt, 813-775-4206
benjamin.pratt@mosaicco.com

Investors:
Laura Gagnon, 813-775-4214 or
Paul Massoud, 813-775-4260
investor@mosaicco.com

SOURCE: The Mosaic Company via EQS Newswire

View source version on accesswire.com:
https://www.accesswire.com/620659/Mosaic-Announces-November-2020-Sales-Revenues-and-Volumes

FAQ

What were Mosaic's sales revenues in November 2020?

Mosaic reported sales revenues of $162 million for Potash, $242 million for Mosaic Fertilizantes, and $312 million for Phosphates in November 2020.

How did Mosaic's Potash sales volumes perform compared to November 2019?

Potash sales volumes increased to 746,000 tonnes in November 2020, up from 356,000 tonnes in November 2019.

What is the sales revenue for Phosphates by Mosaic in November 2020?

Mosaic's Phosphates segment generated $312 million in sales revenue for November 2020.

What were the sales volumes for Mosaic Fertilizantes in November 2020?

Mosaic Fertilizantes recorded sales volumes of 694,000 tonnes in November 2020.

How did Mosaic's revenues in November 2020 compare to the previous year?

Overall, Mosaic experienced significant growth in Potash and Phosphates revenues, while Mosaic Fertilizantes saw a decrease in revenue from the previous year.