Mosaic reports strong Q3 income and sales, predicts positive future

By James Sean Dickson
Published: Thursday, 30 October 2014

Mosaic’s strong financial performances appear to follow more than just a recovery in the price of phosphate and potash, and should be amplified in subsequent earnings reports, as a number of new ventures and acquisitions head towards completion.

US-fertiliser producer The Mosaic Co. has reported a 62.3% year-on-year (y-o-y) rise in profits to $201.9m for Q3 2014.

In a bullish earnings statement, Mosaic said that its 2014 output prediction would beat its last five years in tonnages, placing the company close to its 2008 records in...

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