CMP 2016 Q4 Business Update: Earnings & Produquímica Acquisition

Compass Minerals reported solid fourth-quarter 2016 earnings driven by improving market conditions in salt and plant nutrition, along with the October 2016 acquisition of Produquímica. The company achieved full-year sales of $1.138 billion with adjusted operating earnings of $16 million in Q4, positioning for long-term growth despite headwinds from weather and competitive pressures.