Earnings Release • Dec 19, 2025
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PhosAgro’s Board of Directors Approves Company’s Budget for the Upcoming Year
Moscow – The Board of Directors of PhosAgro, one of the world’s leading phosphate-based fertilizer producers, has approved the Company’s budget for the upcoming year that confirms PhosAgro’s commitment to pursuing a long-term development strategy.Reports were also heard on occupational health and industrial safety at PhosAgro Group companies and on the Company’s artificial intelligence strategy.
The Board of Directors approved a new version of PJSC PhosAgro’s Environmental Policy, the work plan and budget for the Company’s Internal Audit Department for 2026, a new version of its work plan for 2025, as well as a new version of the UK’s Modern Slavery Act Transparency Statement.
About the Company
PhosAgro (www.phosagro.ru) is a vertically integrated Russian company and one of the world’s leading producers of phosphate-based fertilizers and high-grade phosphate rock with P2O5 content of 39% or more (according to the IFA) . PhosAgro’s high-performance fertilizers produce crops with advanced features.
PhosAgro Group is the largest producer of phosphate-based fertilizers in Europe (by total combined capacity for the production of DAP, MAP, NP, NPK and NPS fertilizers, according to the CRU), the largest global producer of high-grade phosphate rock with P2O5 content of 39% (according to the IFA), one of the leading producers of MAP and DAP fertilizers globally, one of the leading producers of monocalcium feed phosphates (MCP) in Europe – and the only such producer in Russia – and Russia’s only producer of nepheline concentrate.
PhosAgro’s main products, including phosphate rock, 58 grades of fertilizers, feed phosphates, ammonia and sodium tripolyphosphate, are used by customers in around 100 countries spanning all the world’s inhabited continents. The Company’s priority markets beyond Russia and the CIS are Latin America, Europe and Asia.
The Company’s shares are traded on the Moscow Exchange, and its global depositary receipts (GDRs) are listed on the London Stock Exchange (MOEX and LSE ticker: PHOR).
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