# PJSC PHOSAGRO - PhosAgro reports 2Q17 EBITDA of RUB 12.2 billion

> PhosAgro reported 2Q17 EBITDA of RUB 12.2 billion, down 25% year on year, with a 27% margin. Revenue fell 3% to RUB 44.7 billion, while phosphate-based sales volumes rose 13%. First-half EBITDA was RUB 24.9 billion.

- Date: 2017-08-24 · published 2017-08-24T12:00:00.000Z
- Category: market · region Russia · magnitude low
- Page: https://feedsoft.ai/events/69790-pjsc-phosagro-phosagro-reports-2q17-ebitda-of-rub-12-2-billion
- Commodities: [TSP](https://feedsoft.ai/c/TSP.md)

## Why it matters

The results show Russian phosphate producers still selling strong volumes despite lower margins, which keeps supply ample and caps phosphate price gains. The effect on feed-relevant commodity prices is limited.

## Sources

- prnewswire.co.uk: https://www.prnewswire.co.uk/news-releases/regulatory-news/pjsc-phosagro---phosagro-reports-2q17-ebitda-of-rub-122-billion-641602643.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.