Compass Minerals International : Fiscal 2025 Second-Quarter Business Update

Published: 2025-05-09 09:59:42 ET CMP

Published on 05/09/2025 at 09:59

Fiscal 2025 Second-Quarter Business Update

// May 7, 2025

1 Adjusted EBITDA is a non-GAAP financial measure. See appendix for reconciliation to net income (loss), the most directly comparable GAAP financial measure.

Net loss for the second quarter of fiscal 2025 of $32.0 million, compared to a net loss of $38.9 million in the second quarter of fiscal 2024

Fiscal 2025 Second-Quarter Performance Overview

Total company adjusted EBITDA for the second quarter of fiscal 2025 of

$84.1 million, down from $95.7 million in the prior year; comparability of results impacted by gain related to write down of contingent consideration liability related to Fortress

Significant progress made reducing North American highway deicing inventory, with values and volumes down 47% and 59%, respectively, year over year

Stronger winter weather in 2Q25 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 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

4

Second-Quarter Fiscal 2025 Consolidated Results

Consolidated Results

2Q25

Revenue (y/y change)

+36%

Adjusted EBITDA1 (y/y change)

-12%

Adjusted EBITDA1 margin

17.0%

(in millions)

$84.1

$95.7

$3.1

$(1.7)

$(13.0)

2Q24

Salt Plant

Nutrition

Corp. & Other

2Q25

$250

(in millions)

$200

(millions)

$150

$100

40.0%

$165

$190

$206

$199

30.0%

20.0%

$71.9

$3.1

$(1.7)

$2.9

$76.2

$50

10.0%

2Q24

Salt Plant

Nutrition

Corp. & Other

2Q25

$0

Sept. 30, 2022 Sept. 30, 2023 Sept. 30, 2024 Mar. 31, 2025

0.0%

1 Adjusted EBITDA from continuing operations is a non-GAAP financial measure. See appendix for reconciliation to net income (loss), the most directly comparable GAAP financial measure. 5

Disclaimer

Compass Minerals International Inc. published this content on May 07, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 09, 2025 at 13:55 UTC.