Nutrien Ltd. (NTR) Q2 2025 Earnings Call

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WEBVTT 00:00:00.000 -- 00:00:04.000 and welcome to Nutrien's 2025 00:00:11.300 -- 00:00:16.060 good morning and 00:00:24.320 -- 00:00:28.600 welcome to Nutrien's second quarter 2025 00:00:30.000 -- 00:00:34.300 various statements that we make about future expectations, plans and prospects contain 00:00:34.300 -- 00:00:36.400 forward looking information. 00:00:36.400 -- 00:00:40.120 Certain assumptions were applied in making these conclusions and forecasts, therefore 00:00:40.120 -- 00:00:45.800 actual results could differ materially from those contained in our forward looking information. 00:00:45.800 -- 00:00:50.140 Additional information about these factors and assumptions is contained in our quarterly 00:00:50.140 -- 00:00:55.320 report to shareholders as well as our most recent annual report MD&A and 00:00:55.320 -- 00:00:59.440 annual information information for them. I will now turn the call over to Ken sites, 00:00:59.440 -- 00:01:05.640 Nutrien's president and CEO and Mark Thompson, our CFO for opening comments. 00:01:05.980 -- 00:01:10.400 Good morning. Thank you for joining us today as we review our performance in the first 00:01:10.400 -- 00:01:12.500 half of 2025. 00:01:12.500 -- 00:01:17.240 Progress on our strategic priorities and the outlook for our business. 00:01:17.240 -- 00:01:21.500 Our first half results featured record potash sales volumes and our net nitrogen operating 00:01:21.500 -- 00:01:26.680 rates, lower expenses, reduced capital expenditures and increased returns 00:01:26.680 -- 00:01:29.380 of cash to our shareholders. 00:01:29.380 -- 00:01:34.720 We raised our 2025 full year guidance for potash sales volumes while maintaining all 00:01:34.720 -- 00:01:38.060 other operational guidance ranges. 00:01:38.140 -- 00:01:43.220 At our investo...