Nutrien Ltd. (NTR) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings and welcome to Nutrients 2025 Third Quarter Earnings Call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. As a reminder, this conference call is being recorded. I would now like to turn the conference call over to Jeff Holzman, Senior Vice President of Investor Relations and FP&A. Thank you, Operator. Good morning and welcome to Nutrients Third Quarter 2025 Earnings Call. As we conduct this call, various statements that we make about future expectations, plans, and prospects contain forward-looking information. Certain assumptions were applied in making these conclusions and forecasts. Therefore, actual results could differ materially from those contained in our forward-looking information. Additional information about these factors and assumptions is contained in our quarterly report to shareholders, as well as our most recent annual report, MD&A, and annual information form. I will now turn the call over to Ken Seitz, Nutrient's President and CEO, and Mark Thompson, our CFO, for opening comments. Good morning. Thank you for joining us today to review our results, strategic priorities, and the outlook for our business. Through the first nine months of 2025, Nutrient delivered structural earnings growth through record upstream fertilizer sales volumes, improved reliability, and higher retail earnings. We raised our 2025 potash sales volumes guidance range for the second time this year and maintain the bent point of our retail adjusted EBITDA guidance, highlighting the stability of this business throughout 2025. At our June 2024 Investor Day, we communicated a set of strategic objectives and targets that we believe provide a pathway to increase our earnings and free cash flow. Our ...