Compass Minerals today reported results for the second quarter of fiscal 2025, including consolidated revenue of $494.6 million and adjusted EBITDA of $84.1 million.

The consolidated revenue is a 36% increase from the fiscal 2024 second quarter. This is driven by a 47% year-over-year sales volume increase in the company’s Salt business and a 16% year-over-year sales volume increase in its Plant Nutrition business.

“Compass Minerals continues to make progress on its back-to-basics strategy, a key tenet of which is optimization. This is a core principle that we will prioritize as we continue on our path to become a more efficient and profitable organization, and we must apply it in all aspects of our business,” said Edward C. Dowling Jr., president and CEO. “The second quarter provides an opportunity to illustrate the benefits that can be derived from focusing on that tenet as well as explain steps we are taking to further optimize the business.”

Other fiscal 2025 second-quarter results include:

• Net loss for the second quarter of fiscal 2025 of $32 million, compared to a net loss of $38.9 million in the second quarter of fiscal 2024
• Stronger winter weather in the second quarter of fiscal 2025 drove Salt revenue increase of 39% year over year; Salt adjusted EBITDA improvement of 4% tempered by deliberate prioritization of inventory rationalization through production curtailment
• Plant Nutrition results are mixed with improvements in sales volumes offset by weaker product pricing and higher distribution costs
• Net total debt down 10% year over year to $758 million, with liquidity of $328.6 million as of March 31, 2025
  
  

You can find additional details in the press release and the Fiscal 2025 Second-Quarter Business Update posted in the Investor Relations section of the company’s website.