Jason Tremblay
Investor Relations
Replay available
The Mosaic Company (LSE: 0K3B) Q4 2025 earnings conference call, held 2026-02-25. Replay captured from the company's public earnings webcast.

Investor Relations
President and Chief Executive Officer
Executive Vice President and Chief Financial Officer
Executive Vice President Commercial
Analyst, Goldman Sachs
Analyst, Wolf Research
Analyst, JP Morgan
Analyst, Morgan Stanley
Analyst, UBS
Analyst, RBC Capital Markets
Analyst, Mizuho Securities
Analyst, BMO Capital Markets
Analyst, Oppenheimer
Analyst, Barclays
Analyst, Wells Fargo Securities
Analyst, BNP Paribas
Good morning, and welcome to the Mosaic Company's fourth quarter and full year 2025 earnings conference call. At this time, all participants have been placed in a listen-only mode. After the company completes their prepared remarks, the lines will be open to take your questions. Please note, this conference is being recorded. And now, I'll turn it over to Jason Tremblay. Thank you, and welcome to our fourth quarter 2025 earnings call. Opening comments will be provided by Bruce Bodine, President and Chief Executive Officer. Luciano Ciani Perez, Executive Vice President and Chief Financial Officer will review financial results and capital allocation progress. We will then welcome Jenny Wong, Executive Vice President Commercial to join Bruce and Luciano as we open the floor for questions. We will be making forward looking statements during this conference call. The statements include but are not limited to statements about future financial and operating results. They are based on management's beliefs and expectations as of today's date and are subject to significant risks and uncertainties. Actual results may differ materially from projected results. Factors that could cause actual results to differ materially from those in the forward-looking statements are included in our press release published yesterday and in our reports filed with the Securities and Exchange Commission. Please note in today's presentation and in our press release and performance data, we will refer to and provide various financial measures, including adjusted EBITDA, adjusted earnings per share, free cash flow, cost per ton, and adjusted effective tax rate, either on a total company or segment basis. Unless we specifically state otherwise, statements regarding these measures refer to our adjusted ...