The Mosaic Company (MOS) Provides Operational Update
Get Alerts MOS Hot Sheet
Financial Fact:
Foreign currency transaction (loss) gain: -32.4M
Today's EPS Names:
KR, More
Join SI Premium – FREE
The Mosaic Company (NYSE: MOS) today provided an update on the impact of the recent hurricanes on North American phosphate operations.
Last week Mosaic proactively idled all Florida operations ahead of Hurricane Milton to mitigate potential impacts. Based on early assessments, limited damage was sustained across the facilities and to products in warehouses. Power has been restored to all facilities, and ports in the region have re-opened. The facilities are expected to return to full production capacity over the coming days as site remediation and cleanup are completed.
Mosaic previously announced a production disruption at its Riverview facility due to Hurricane Helene.
Mosaic will provide an update on production losses from the above noted weather events as recovery efforts progress.
Mosaic is pleased to announce no significant environmental impacts occurred due to the storms. In addition, Mosaic contributed $500,000 to organizations that are assisting our Florida operating communities with recovery. Mosaic has several programs in place for its affected team members, including an Employee-to-Employee Assistance Fund.
Create E-mail Alert Related Categories
Corporate News, Guidance, Management CommentsRelated Entities
Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share