Phosagro (Fosagro)

Fosagro increased its net profit under IAS more than three times in the first half of the year

Fosagro increased its net profit under IAS 3.4 times in the first six months of the year. The revenue grew by 17%, according to the financial consolidated statements of the group.

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Fosagro may allocate 7 billion rubles for interim dividend

Fosagro’s Board of Directors has issued recommendations to the extraordinary meeting of shareholders to pay dividends in the amount of 6.99 billion rubles, the company reports.

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Fosagro may increase its capital expenditures to 36 billion rubles by the end of the year

Fosagro has predicted an increase in its capital expenditures compared to the planned level for 2019.

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PhosAgro may start transshipping fertilizers in Ust-Luga in 2020, and in Murmansk in 2023

PhosAgro sees prospects for the development of the Murmansk transportation hub.

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Fosagro plans to increase production of mineral fertilizers by more than 5% in 2019

Fosagro expects to increase production of mineral fertilizers to more than 9.5 million tons by the end of this year.

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Shareholders of Fosagro to receive dividends of 9.3 billion rubles

The shareholders of Fosagro have decided on payment of dividends in the amount of 9.324 billion rubles at the rate of 72 rubles per ordinary share, the company reports.

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PhosAgro's shareholdes may receive over 9 billion on interim dividends

The Board of Directors of PhosAgro made recommendations to the shareholders of the company for the payment of dividends from retained earnings at the end of the first quarter of 2019, the company r

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Fosagro increases its net profit 3 times, EBITDA grows by 73%

Fosagro increased its net profit under IAS to 21.16 billion rubles in the first quarter of 2019. The company's revenue grew by 32%, according to the company's report.

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PhosAgro reduces sales of ammonium nitrate by 32% while production grows

The PhosAgro group increased the production of mineral fertilizers by 1.2% in the first quarter of 2019.

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Phosagro to propose Turkey to reduce or cancel duty for import of mineral fertilizers from Russia

The head of Phosagro, Andrei Guriev, intends to submit to the Turkish President Recep Erdogan a proposal to reduce or cancel import duties on Russian mineral fertilizers.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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