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People & Business :: People/Executives

Mosaic to change fiscal year

2:44 PM MST | December 17, 2012 | Lindsay Frost

Mosaic (Plymouth, MN) says it is changing its fiscal year to end with the calendar year from 31 May. Mosaic will complete the current fiscal year on 31 May, and will then begin reporting quarterly results on a calendar-year basis with the quarter ending 30 September. The transition period financial results will be reported from 1 June to 31 December, 2013 and the first full calendar year of reporting will be 2014, the company says. "The change in our fiscal year better aligns our financial reporting cycle with our business activity and budgeting...

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