Phosphate sale boosts CF 1Q income; ammonia sales volumes up 73 percent

摘要

CF Industries Holdings Inc. reported first-quarter net income attributable to common stockholders of $708.5 million ($12.90 per diluted share) on sales of $1.13 billion, up from the year-ago $406.5 million ($6.47 per share) and $1.34 billion. However, the current year results included a $747.1 million gain on the sale of its phosphate business to The Mosaic Co. Absent the sale, first-quarter gross margins were $442.8 million, down from the year-ago $675.1 million. Nitrogen gross margins were down, at $434.3 million on sales of $987.5 million from the year-ago $647.6 million and $1.1 billion, respectively.