The Mosaic Company: Mosaic Announces July 2020 Sales Revenues and Volumes
The Mosaic Company (NYSE:MOS) reported its sales revenue and volumes for July 2020. In the Potash segment, sales volumes decreased to 743k tonnes, down from 788k tonnes year-over-year, with revenues at $154 million, compared to $212 million in July 2019. The Mosaic Fertilizantes unit showed an increase in sales volumes to 1,201k tonnes from 1,029k tonnes, but revenues declined to $385 million from $437 million. The Phosphates segment experienced a rise in sales volumes to 676k tonnes, up from 578k tonnes, with revenues slightly increasing from $226 million to $233 million.
- Mosaic Fertilizantes sales volumes increased by 17% to 1,201k tonnes.
- Phosphates segment sales volumes rose by 17% to 676k tonnes.
- Phosphates revenues slightly increased to $233 million.
- Potash sales volumes decreased by 6% to 743k tonnes.
- Potash revenues dropped significantly by 27% to $154 million.
- Mosaic Fertilizantes revenues decreased by 12% to $385 million.
TAMPA, FL / ACCESSWIRE / August 13, 2020 / The Mosaic Company (NYSE:MOS) announced its July 2020 sales revenue and sales volumes by business unit.
Potash(1) | July 2020 | July 2019 | ||||||
Sales Volumes in thousands of tonnes(2) | 743 | 788 | ||||||
Sales Revenues in millions | $ | 154 | $ | 212 | ||||
Mosaic Fertilizantes(1) | July 2020 | July 2019 | ||||||
Sales Volumes in thousands of tonnes(2) | 1,201 | 1,029 | ||||||
Sales Revenues in millions | $ | 385 | $ | 437 | ||||
Phosphates(1) | July 2020 | July 2019 | ||||||
Sales Volumes in thousands of tonnes(2) | 676 | 578 | ||||||
Sales Revenues in millions | $ | 233 | $ | 226 | ||||
(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
ben.pratt@mosaicco.com
Investors:
Laura Gagnon, 813-775-4214 or
Paul Massoud, 813-244-0669
investor@mosaicco.com
SOURCE: The Mosaic Company via EQS Newswire
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https://www.accesswire.com/601381/The-Mosaic-Company-Mosaic-Announces-July-2020-Sales-Revenues-and-Volumes
FAQ
What were the sales volumes for Potash in July 2020 for MOS?
How much revenue did MOS generate from Phosphates in July 2020?
Did MOS experience an increase or decrease in sales volumes for Mosaic Fertilizantes in July 2020?
What was the year-over-year change in Potash revenues for MOS in July 2020?
