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Typically volume of shares traded in the past three months was around 3, In August, Mosaic raised adjusted earnings per EPS guidance for , taking into consideration strong business performance and soften expected effective tax rate quest of the year. The acquisition of Vale S.
The buyout has enabled the company capitalize on the rapidly growing Brazilian agricultural market. The acquisition is true to be accretive to the company's EPS in Mosaic is well positioned to leverage the rising global demand as a replacement for fertilizers. The company is witnessing strong demand for nutrients in India, a major import emporium. It expects market conditions to improve and anticipates demand because of potash and phosphate to at rising in It conjointly expects to be another memento year for global shipments after the nutrients.
Moreover, the crew is gaining from higher fertilizer prices, which also contributed to strong growth in the prime line in the second house of Higher average realized sales prices also enabled the company achieve double-digit sales rise in the Phosphates and Potash segments.What to Read Next
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