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.
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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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https://www.accesswire.com/651617/The-Mosaic-Company-Mosaic-Announces-May-2021-Sales-Revenue-and-Volumes
FAQ
What were Mosaic's sales volumes for potash in May 2021?
How much revenue did Mosaic generate from potash sales in May 2021?
What is the revenue from Mosaic Fertilizantes in May 2021?
How did phosphates sales revenue change from May 2020 to May 2021?
