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OCP Group will pay MAD 8.1 billion ($834 million) in dividends to the Moroccan state after 2021 turnover rose 50% to MAD 84.3 billion. EBITDA increased 94% on higher phosphate fertilizer prices and demand.
The earnings report confirms high phosphate fertilizer prices through 2021, a backdrop that keeps input costs elevated for feed producers.
After 66 past bullish report events, DAP moved a median 0.0% over 5 sessions (41% higher; middle half -0.6% to +0.7%), and +0.3% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.