Russian ferts major PhosAgro posts large rise in FY sales, profit

摘要

LONDON (ICIS)--Vertically integrated phosphate-based fertilizer producer PhosAgro on Wednesday announced substantial year-on-year rises in annual sales and net profit, with the Russian group upbeat on its prospects for 2016. In a market outlook, the manufacturer of popular crop inputs including ammonia, urea, diammonium phosphate (DAP) and monoammonium phosphate (MAP), said it expects favourable weather and greater affordability to support stable growth in seasonal import demand in key markets in Asia and Latin America.