The Mosaic Company: Mosaic Announces May 2021 Sales Revenue and Volumes
The Mosaic Company (NYSE:MOS) reported its sales revenue and volumes for May 2021, reflecting increases across its business units compared to May 2020. Potash sales volumes reached 891,000 tonnes, generating $246 million in revenue. Mosaic Fertilizantes achieved 790,000 tonnes in sales volume with revenues of $336 million. Phosphates saw 553,000 tonnes sold, yielding $327 million. The overall trend indicates strong performance in the agriculture sector.
- Potash sales volumes increased by 10% from 810,000 tonnes in May 2020 to 891,000 tonnes in May 2021.
- Potash revenue rose significantly from $176 million in May 2020 to $246 million in May 2021.
- Mosaic Fertilizantes sales volumes decreased but revenue increased from $259 million to $336 million, indicating better pricing.
- Phosphates revenue improved from $214 million in May 2020 to $327 million in May 2021, despite a slight drop in sales volume.
- Mosaic Fertilizantes sales volumes decreased from 870,000 tonnes in May 2020 to 790,000 tonnes in May 2021.
- Phosphates sales volumes dropped from 608,000 tonnes in May 2020 to 553,000 tonnes in May 2021.
TAMPA, FL / ACCESSWIRE / June 14, 2021 / The Mosaic Company (NYSE:MOS) announced its May 2021 sales revenue and volumes by business unit.
Potash(1) | May 2021 | May 2020 | ||||||
Sales volumes in thousands of tonnes(2) | 891 | 810 | ||||||
Sales revenue in millions | $ | 246 | $ | 176 | ||||
Mosaic Fertilizantes(1) | May 2021 | May 2020 | ||||||
Sales volumes in thousands of tonnes(2) | 790 | 870 | ||||||
Sales revenue in millions | $ | 336 | $ | 259 | ||||
Phosphates(1) | May 2021 | May 2020 | ||||||
Sales volumes in thousands of tonnes(2) | 553 | 608 | ||||||
Sales revenue in millions | $ | 327 | $ | 214 | ||||
(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:
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
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FAQ
What were Mosaic's sales volumes for potash in May 2021?
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