Mosaic Announces July 2021 Sales Revenue and Volumes
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.
- 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.
- 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.
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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, 813-775-4206 | Laura Gagnon, 813-775-4214 or |
| benjamin.pratt@mosaicco.com | Paul Massoud, 813-775-4260 |
| investor@mosaicco.com |
SOURCE: The Mosaic Company
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https://www.accesswire.com/659543/Mosaic-Announces-July-2021-Sales-Revenue-and-Volumes
FAQ
What were Mosaic Company's potash sales in July 2021?
How did Mosaic Fertilizantes perform in July 2021?
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