Share performance
PhosAgro’s shares are traded on the A1 quotation list of the Moscow Exchange under the ticker symbol PHOR (ISIN: RU000A0JRKT8), CFI code: ESVXFR.
Global depositary receipts (GDR; three GDRs represent one share) are admitted to listing on the London Stock Exchange under the ticker symbol PHOR. On 3 March 2022, trading in the Company’s GDRs was suspended.
Shares of PhosAgro are included in the following indices of the Moscow Exchange:
- MOEX Russia;
- RTS.
Citigroup Global Markets Deutschland AG acts as the depositary for the Company’s GDR programme.
The key factors affecting the Company’s share performance in 2023
Strong demand for phosphate and nitrogen‑based fertilizers over the year
Reduction in key feedstock prices over the year
Lower fertilizer prices at the beginning of the year and their recovery in the second half of the year
Higher fiscal pressure on industry players following introduction of export duties and payment of the excess profit tax
Strong operational and financial performance of the Company and regular dividend payments
Low fertilizer stocks in the Company’s key sales markets
Greater availability of fertilizers to farmers