Media

PhosAgro Board Recommends Participating in Apatit Privatisation

Moscow – PhosAgro ("PhosAgro" or "the Company") (MICEX-RTS, LSE: PHOR), a leading global vertically integrated phosphate-based fertilizer producer, announces that its Board of Directors has approved the Company’s participation in the upcoming privatisation of the Russian Federation Government’s stake in PhosAgro’s subsidiary Apatit. 

PhosAgro Phosphate-based Fertiliser Sales Up 9.4% in Q1 2012

Moscow – PhosAgro (MICEX-RTS, LSE: PHOR), a leading global vertically integrated phosphate-based fertilizer producer, announces its unaudited operating results for the three months ended 31 March 2012. The Company increased phosphate-based fertiliser sales volumes in Q1 2012 by 9.4% year-on-year (y-o-y), while production of phosphate-based fertilisers for the same period increased by 4.9% y-o-y.

PhosAgro Q1 2012 Production Results Call

On Thursday 26 April 2012 at 14:30 London time (17:30 Moscow; 09:30 New York), PhosAgro will host a conference call to discuss its production results for the three months ended 31 March 2012.  The results will be issued at approximately 12:00 London time (15:00 Moscow; 07:00 New York) the same day.

PhosAgro 2011 IFRS Net Profit Up 88% to USD 765 Million

Moscow – PhosAgro ("PhosAgro" or "the Company") (MICEX-RTS, LSE: PHOR), a leading global vertically integrated phosphate-based fertiliser producer, today announces its audited consolidated IFRS financial statements for the year ended 31 December 2011.  PhosAgro earned a profit of RUB 22.5 billion (USD 765 million) for 2011, up 88% year-on-year (y-o-y) from RUB 12.0 billion (USD 395 million) in 2010.  Basic and diluted earnings per share (with a nominal value of RUB 2.5) grew 89% y-o-y to RUB 161 (USD 5.48).

PhosAgro 2011 IFRS Earnings Call and Webcast

PhosAgro Signs Supply Contract With Nagarjuna

Moscow, 12 April 2012 - PhosAgro (MICEX, RTS, LSE: PHOR) ("the Company"), a leading global vertically integrated phosphate-based fertilizer producer, announces that today that it has signed a contract with Nagarjuna, one of the leading manufacturers and suppliers of plant nutrients in India, to supply 600,000 tonnes of phosphate-based fertilizers through February 2013.  The new contract includes an option to increase this tonnage by an additional 400,000 tonnes for delivery during that same period. Pricing is to be based on the benchmark Indian import price, CFR India. The parties agreed that the CFR India price for imported deliveries of DAP to India is the price agreed between Phoschem and major buyers in India, and for calculation of the NPK price, the price of MOP agreed between BPC and major buyers in India will be used.

PhosAgro Board Recommends 2011 Dividend to AGM

Moscow, 11 April 2012 – PhosAgro ("PhosAgro" or "the Company") (MICEX-RTS, LSE: PHOR), a leading global vertically integrated phosphate-based fertilizer producer, announces that the Board of Directors today approved the Company’s consolidated audited IFRS financial statements for the year ended 31 December 2011, recommended a 2011 dividend payment of RUB 32.5 per share (RUB 10.83 per GDR) and set the date of the Company’s Annual General Meeting of Shareholders (“AGM”) for 30 May 2012.  The record date for dividends and the AGM will be 18 April 2012.

PhosAgro gets FAS Approval for up to 100% of Apatit

Moscow, 10 April 2012 – PhosAgro ("PhosAgro" or "the Company") (MICEX-RTS, LSE: PHOR), a leading global vertically integrated phosphate-based fertilizer producer, announces that the Russian Federal Antimonopoly Service (FAS) has approved the Company`s request for permission to acquire up to an additional 42.43% of voting shares in OJSC Apatit, which together with the stake already owned by PhosAgro represents 100% of Apatit`s outstanding shares.

Russian Federation President Dmitri Medvedev Visits Apatit Mining and Beneficiation Plant on Working Visit to Murmansk Oblast

Kirovsk, 9 April 2012 – PhosAgro ("PhosAgro" or "the Company") (MICEX-RTS, LSE: PHOR), a leading global vertically integrated phosphate-based fertilizer producer, announces that Russian Federation President Dmitri Medvedev visited the Company’s Apatit mining and beneficiation plant.

PhosAgro Shares Resume Trading After Share Split

Moscow, 23 March 2012 – PhosAgro ("PhosAgro" or "the Company") (MICEX-RTS, LSE: PHOR), a leading global vertically integrated phosphate-based fertilizer producer, announces that trading in the Company’s shares on the MICEX-RTS is due to resume on 26 March 2012, following the share split procedure.