Fritz Corrigan
Fritz Corrigan
business caused company customers delay despite energy executing expect expected focused high improving katrina leading managing material meet operating performed prices producing production purchasing quarter raw record remain result second soaring third
The company performed well in the second quarter despite soaring energy prices, leading to high raw material prices, and production outages caused by Hurricanes Katrina and Rita. We remain focused on executing our business strategy, managing our operating costs, improving our business systems, and producing to meet expected demand. At the same time, energy-driven record high fertilizer prices have caused many of our customers to delay their purchasing decisions. As a result we expect a challenging third quarter.
proud
I can't tell you how proud I am of my people.