Compass Minerals Reports First-Quarter Highway Deicing Sales Volume and Snow-Event Data; Announces First-Quarter Conference C...
April 10 2014 - 4:15PM
Business Wire
Compass Minerals (NYSE: CMP) has published its first-quarter
2014 highway deicing sales volume and regional weather data on its
website at www.compassminerals.com/marketdata.
Compass Minerals’ highway deicing sales volume, which includes
all highway maintenance products sold in the U.S., Canada and the
U.K., as well as rock salt sold to the chemical industry, totaled
approximately 4.7 million tons in the three months ended March 2014
compared with 4.4 million tons in the 2013 quarter and a
10-year average of 4.2 million tons.
Eleven representative cities in the company’s primary North
American highway deicing service area reported a total of 191 snow
events during the first quarter of 2014 compared to 108 events in
the same cities in the 2013 period according to the U.S. National
Weather Service and AccuWeather, Inc.
“The severe winter weather in North America fueled strong demand
for all deicing products and generated our best first-quarter
highway deicing sales volume since 2008,” said Compass Minerals CEO
and president, Fran Malecha. “Rock salt inventories have been
depleted throughout the North American regions we serve, so we
expect highway deicing customers to request increased volumes in
the upcoming contract bid season.”
Conference Call to Discuss
First-Quarter Financial Results
The company will release its first-quarter 2014 financial
results Monday, April 28, after the markets close and will discuss
its results on a conference call Tuesday, April 29, at 9:00 a.m.
ET.
To access the conference call, interested parties should visit
the company’s website at www.CompassMinerals.com or dial (877)
614-0009. Callers must provide the conference ID number 3252180.
Outside of the U.S. and Canada, callers may dial (913) 643-4075. An
audio replay will be available on the company’s website for two
weeks or may be accessed by phone for seven days at (888) 203-1112,
conference ID 3252180. Outside of the U.S. and Canada, callers may
dial (719) 457-0820.
A summary of Compass Minerals’ performance will also be
available on the company’s website by 8:00 a.m. ET on Tuesday,
April 29, at www.CompassMinerals.com/Presentation.
About Compass Minerals
Compass Minerals is a leading provider of essential minerals
that address nature’s challenges, including salt for winter roadway
safety and other consumer, industrial and agricultural uses, and
specialty plant nutrition minerals that improve the quality and
yield of crops. The company produces its minerals at locations
throughout the U.S. and Canada and in the U.K. For more information
about Compass Minerals and its products, please visit
www.compassminerals.com.
Compass MineralsTheresa Womble, 913-344-9362Manager of Investor
Relations
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