Mosaic earnings plummet 70% on weak fertiliser prices
Published: Tuesday, 05 November 2013
Lower demand in North America and buyer caution cause sales and volumes to drop
earnings for The Mosaic Co. plunged 70%
to $124m in 2013, down from $417m the previous year, due to
lower potash and phosphate prices, the company said in its
Earnings per diluted share were $0.29 compared with $0.98
the previous year, while net sales for Q3...