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Key projects include further development of the inveestir segment and processing facilities, including completion of new su lph uric and nitric acid plants in Cherepovets with an increase in the production of phosphate fertilizers, as well as the expansion of our own distribution and logistics infrastructure.
In addition, information about the results of monitoring of key risk s in the third quarter of and the development of the project management system for PhosAgro enterprises was taken under advisement. Together with our moderately positive view of the main macro parameters prices for fertilizers, exchange rates and inflationthis gives us every reason to expect further strengthen ing of operating profitabilityimproved key creditworthiness indicators and increased dividend payments.
PhosAgro’s main products include phosphate rock, 39 grades of fertilizers, feed phosphates, ammonia, and sodium tripolyphosphate, which are used by customers in countries spanning all of the world’s inhabited continents. Today’s results allow us to look to the future with confidence.
The dividend recommendation of RUB 9. New versions of the Company’s Code of Ethics and its Hotline r egulation were approved.
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PHORone of the world’s leading vertically integrated phosphate-b ased fertilizer producers, has approved the Company’s main budget p arameters for the year ahead. C apital expenditure for next year has been forecast at the knvestir of RUB 34 billion excluding capitali s ed repairs.
The record date for the EGM was set as 29 December 8. The Board of Directors made this recommendation after reviewing the Company’s financial and operating performance for the first nine months ofincluding the Company’s interim consolidated financial statements in accordance with International Financial Reporting Standards ” IFRS “which 209 scheduled to be published on 21 November For further information please contact: The Board of Directors also heard information from the chair s of the Board committees on the results of their work in the third quarter ofapproved related -party transactions and determined the amount of remuneration for the services of the Company’s inveestir in accordance with Russian Accounting Standards, FBK LLC.
Among the approved agenda items for the EGM are a dividend recommendation and changes to the charter that would expand the responsibilities of the Management Board of PJSC PhosAgro and, if approved, would lead to greater efficiency of business processes inside the PhosAgro corporate structure.
PhosAgro’s main products include phosphate rock, 39 grades of fertilizers, feed phosphates, ammonia, and sodium tripolyphosphate, which are used by customers in countries spanning all of invvestir world’s inhabited continents. For further information please contact: More information about PhosAgro can be found on the website: The significant cash flow generated by the smooth implementation of PhosAgro ‘s inveetir development strategy has made it possible to ensure stable dividend payments and to finance new investment programmes and projects in the field of social responsibility.
More information about PhosAgro can be found on the website: