EBITDA was $729.1 million in the third quarter of 2012, an increase of 14 percent compared to $640.8 million in the third quarter of 2011.Net sales in the third quarter were $1.36 billion, down three percent from $1.40 billion in the same period last year primarily due to lower total nitrogen volume and phosphate product prices, which were offset partially by higher phosphate volume. Total sales volume decreased two percent to 3.5 million tons in the third quarter of 2012 largely due to lower urea sales compared to the prior year period. Lower phosphate product prices resulted from lower global demand relative to the same period last year, while the phosphate volume increase resulted from strong demand in North America.
CF Industries Holdings, Inc. Reports Record Third Quarter Earnings
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