Results Will Reflect Continued Pricing Strength Combined With Lower Sales Volumes
OVERLAND PARK, Kan.--(BUSINESS WIRE)--Apr. 14, 2009--
Compass Minerals (NYSE:CMP) will release its first-quarter 2009
financial results after the close of the markets on Monday, April 27,
2009, and will discuss its results on a conference call on Tuesday,
April 28, at 10:00 a.m. ET.
“Compass Minerals’ salt segment continued to demonstrate significant
resistance to the difficult economy during the first quarter. Salt
segment pricing remained robust, though mild weather in February and
March caused deicing salt sales volumes to be lower than we would
normally expect for a March quarter,” said Angelo Brisimitzakis, Compass
Minerals president and CEO. “In our specialty fertilizer segment, trends
that began in the fourth quarter of 2008 continued during the first
quarter of 2009. The average selling price of sulfate of potash remained
strong while sales volumes were sharply lower, consistent with broader
potash industry trends.”
To access Compass Minerals’ conference call, interested parties should
visit the company’s website at www.CompassMinerals.com
or dial (877) 228-7138. Callers must provide the conference ID number
93744025. Outside of the U.S. and Canada, callers may dial (706)
643-0377. Replays of the call will be available on the company’s website
for two weeks. The replay can also be accessed by phone for seven days
at (800) 642-1687, conference ID 93744025. Outside of the U.S. and
Canada, callers may dial (706) 645-9291.
About Compass Minerals
Based in the Kansas City metropolitan area, Compass Minerals is a
leading producer of minerals, including salt, sulfate of potash
specialty fertilizer and magnesium chloride. The company provides
highway deicing salt to customers in North America and the United
Kingdom and specialty fertilizer to growers worldwide. Compass Minerals
also produces consumer deicing and water conditioning products,
ingredients used in consumer and commercial foods, and other
mineral-based products for consumer, agricultural and industrial
applications. Compass Minerals also provides records management services
to businesses throughout the U.K.
Source: Compass Minerals
Compass Minerals
Rodney L. Underdown, 913-344-9395
Chief
Financial Officer
Peggy Landon, 913-344-9315
Director of
Investor Relations and Corporate Communications