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Last €36.28 EUR
Change Today -0.10 / -0.27%
Volume 80.0
02M On Other Exchanges
Symbol
Exchange
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As of 2:30 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

mosaic co/the (02M) Snapshot

Open
€36.16
Previous Close
€36.38
Day High
€36.62
Day Low
€36.04
52 Week High
03/3/15 - €47.96
52 Week Low
10/16/14 - €31.50
Market Cap
12.9B
Average Volume 10 Days
287.4
EPS TTM
--
Shares Outstanding
337.2M
EX-Date
09/1/15
P/E TM
--
Dividend
€1.10
Dividend Yield
2.37%
Current Stock Chart for MOSAIC CO/THE (02M)

mosaic co/the (02M) Related Businessweek News

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mosaic co/the (02M) Details

The Mosaic Company produces and markets concentrated phosphate and potash crop nutrients for the agricultural industry worldwide. It operates through two segments, Phosphates and Potash. The Phosphates segment owns and operates mines in Florida. It offers concentrated phosphate crop nutrients, such as diammonium phosphate, monoammonium phosphate, and ammoniated phosphate products. This segment also offers phosphate-based animal feed ingredients primarily under the Biofos and Nexfos brand names. The Potash segment produces and sells potash for use as fertilizers and animal feed ingredients, as well as for use in industrial applications. It also offers potash products for use in the de-icing and as a water softener regenerant, as well as fluorosilicic acid for water fluoridation. The company sells its products to wholesale distributors, retail chains, cooperatives, independent retailers, and national accounts. The Mosaic Company was founded in 2004 and is headquartered in Plymouth, Minnesota.

9,100 Employees
Last Reported Date: 02/17/15
Founded in 2004

mosaic co/the (02M) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: $730.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $579.2K
Senior Vice President of Commercial
Total Annual Compensation: $485.0K
Senior Vice President of Phosphate Operations
Total Annual Compensation: $450.0K
Senior Advisor
Total Annual Compensation: $1.2M
Compensation as of Fiscal Year 2014.

mosaic co/the (02M) Key Developments

The Mosaic Company Declares Quarterly Dividend on its Common Stock, Payable on September 17, 2015

The board of directors of The Mosaic Company declared a quarterly dividend of $0.275 per share on the company's common stock. The dividend will be paid on September 17, 2015, to stockholders of record as of the close of business on September 3, 2015.

The Mosaic Company Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Operating Guidance for the Third Quarter and Full Year of 2015; Announces Executive Changes on August 5, 2015

The Mosaic Company announced unaudited consolidated results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net sales were $2,487.5 million against $2,440.2 million a year ago. Operating earnings was $510.0 million against $403.2 million a year ago. The year-over-year change was driven by higher phosphates operating earnings primarily as a result of higher sales volumes, and higher potash operating earnings as a result of higher realized prices and benefits from lower operating costs, partially offset by higher Canadian resource taxes. Earnings from consolidated companies before income taxes were $462.7 million against $333.1 million a year ago. Earnings from consolidated companies were $390.1 million against $250.4 million a year ago. Net earnings attributable to the company were $390.6 million against $248.4 million a year ago. Net cash provided by operating activities was $583.1 million against $796.3 million a year ago. Capital expenditures were $227.4 million against $214.0 million a year ago. Diluted earnings per share were $1.08 against income of $0.64 a year ago. For the six months, the company reported net sales were $4,626.6 million against $4,426.5 million a year ago. Operating earnings was $828.5 million against $669.8 million a year ago. Earnings from consolidated companies before income taxes were $789.4 million against $551.5 million a year ago. Earnings from consolidated companies were $686.1 million against $471.4 million a year ago. Net earnings attributable to the company were $685.4 million against $466.0 million a year ago. Net cash provided by operating activities was $1,238.6 million against $1,423.3 million a year ago. Capital expenditures was $456.9 million against $488.9 million a year ago. Diluted earnings per share were $1.88 against income of $1.18 a year ago. The company also announced James C. "Joc" O'Rourke, currently Mosaic's Executive Vice President and Chief Operating Officer, will succeed Mr. Prokopanko as President and CEO on August 5, 2015. Mr. Prokopanko will remain in an advisory role until his planned retirement in January 2016. Total sales volumes for the Phosphates segment are expected to range from 2.1 to 2.4 million tonnes for the third quarter of 2015, compared to 2.2 million tonnes last year. Mosaic's realized DAP price, FOB plant, is estimated to range from $435 to $455 per tonne for the third quarter of 2015. The segment gross margin rate is estimated to be in the low-20% range and the operating rate is expected to be in the mid-80% range. Total sales volumes for the Potash segment are expected to range from 1.6 to 2.0 million tonnes for the third quarter of 2015, compared to 1.8 million tonnes last year. Mosaic's realized MOP price, FOB plant, is estimated to range from $260 to $280 per tonne. Mosaic's gross margin rate in the segment is expected to be in the low-20% range during the third quarter of 2015, while the seasonally low operating rate is expected to be in the mid-60% range, both reflecting traditional summer maintenance downtime. Total sales volumes for the International Distribution segment are expected to range from 1.9 to 2.2 million tonnes for the third quarter of 2015, compared to 1.4 million tonnes last year. The segment gross margin per tonne is estimated to be in the range of $20 to $26 per tonne. For the 2015 full year, the company expects Canadian resource taxes and royalties to be in the range of $310 to $350 million, compared to prior guidance of $325 to $375 million. Capital expenditures and investments to be in the range of $1.1 to $1.3 billion compared to $1.1 to $1.4 billion. Phosphates sales volumes to be in the range of 9.5 to 10.0 million tonnes, compared to 9.0 to 10.0 million tonnes. Potash sales volumes to be in the range of 8.2 to 8.6 million tonnes, compared to 8.5 to 9.0 million tonnes. International Distribution sales volumes to be in the range of 6.0 to 6.5 million tonnes, compared to 6.0 to 7.0 million tonnes. The effective tax rate to be in the high teens.

Mosaic to Inaugurate Expansion of Brazilian Fertilizer Unit

Mosaic will inaugurate on June 16, 2015 an expansion of its fertilizer blending unit at Sorriso in the central Brazilian state of Mato Grosso. The project, which began in 2013 and concluded in March this year, has doubled production capacity to 700,000 tonnes/year, increased storage volume to 100,000 tonnes and boosted loading capacity to 600 tonnes/hour. The expanded plant covers an area of 23,000 square meters - almost double its previous size.

 

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Price/Earnings 12.2x
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Price/Book 1.4x
Price/Cash Flow 11.7x
TEV/Sales 0.9x
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