# OCP reports 4Q16 earnings | World Fertilizer

> OCP S.A. reported 2016 revenue of US$4.3 billion, down from US$4.9 billion in 2015, with full-year EBITDA falling to US$1.3 billion from US$1.8 billion. Fourth-quarter revenue was US$1.05 billion, roughly flat year on year. Chairman Mostafa Terrab said the phosphate market appears to be at the bottom of the cycle and that prices picked up at the end of 2016.

- Date: 2017-03-24 · published 2017-03-24T12:00:00.000Z
- Category: market · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/72312-ocp-reports-4q16-earnings-world-fertilizer
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Higher phosphate prices from firmer import demand and lower industry output support DAP costs for feed-phosphate and fertilizer buyers. The company expects the market to stay supply-driven.

## Read by commodity

- DAP: bullish ▲

## Sources

- worldfertilizer.com: https://worldfertilizer.com/phosphates/24032017/ocp-reports-4q16-earnings/

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