Thanks, Martin, everyone. morning, and good
senior beautiful our how Deerfield-based of jump privilege be sitting in Before day my say to with pleasure about conference leadership it to good outlook, is team. It's sunny table all to the it into want feels a commentary here I my we quarter and around Chicago, the just our and both be and today.
back have been although again appropriate weeks in same social XX our we as standing to day, call room the Of course, every we conference headquarters be since team. great almost it's office, maintaining a But together closed distance. it's and a we're
people the of employees safe. an people, only our has of organization but Globally, not our X,XXX COVID-XX. amazing a positive only to executing we're employees at in of and fully all end job our business, all of home I'm four are their recovered delighted spent three total also test positive At our organizations team three plant and for have work. engaged in keeping of and the an of recovering. done month say we've This April Donaldsonville March, at tested keeping had back
individual event and other works our very The a recent headquarters. Deerfield in is
and operations sure our Given to today, processes procedures this established of keep result particularly running. team we I'm our and safe make proud has the this people
results period of impact we These by offset approximately of Last than year prices the we EBITDA higher and posted segments. higher partially the natural of volumes sales in quarter gas a financial for costs, XXXX first lower which results product across reflect ago. million, our night, generated all same lower adjusted X% $XXX the
story team. underlying however, the The of quarter, is the CF
part because helping Our the are we all feed a infrastructure critical to in where the of role in we facilities world. serve vital regions operate
whole plants run come team the our created them difficult circumstances employees is non-operations Our supporting continue into The our employees exceptionally to the are our remotely. pandemic. and operations under performing well facilities COVID-XX while by
working and X.X utilization. Most quarter. second asset in we of first safely. demonstrate the the highest produced record of continues We track quarterly company's is ammonia outstanding tons This the million volume our history importantly, in are to
recordable XXX,XXX per X.XX our rate incident As labor incidents XX, of we lowest-ever of hours. XX-month March achieved
has we're demand started that than half and volumes is in so weather many through based evaluate quarters. we've to times, can performance significantly year full because This one rather over individual out XXXX company on periods. quarter another. fortunate shift said, longer good far Those shipments in QX. temporary shifts tend strong to with smooth That volume year we on As said the from and QX
at visibility point, we good this year. of the So half first on the have
date, and we U.K. to the similar the how We to experienced see from have America to weather Bert in spring sales we disruption our through has fieldwork second North about for not planting. is will better strong to describe, our any and the business XXXX total good calendar, in we for and demand been last product expect Compared years. three previous feel nitrogen volumes significantly significant to this pandemic. the couple quarter And half the progressing, be point first the the the As of years
the into the Looking forward, of pandemic. amount than second the due uncertainty to COVID-XX there is the XXXX and typical more of year for half
we seeing not demand as contracts, we the soften. industrial the economy global agricultural directly impacted does by Although pandemic, are and been have very strong demand
for I'd like about. to we're of magnitude some the context talking uncertainty provide the However,
First, the a nondiscretionary Unlike is phosphate, reduced can and for nitrogen only be applied. which potash plant or must entirely be nitrogen nutrient. year, skipped
some end are of are plants on produce than world, we our market Further, cost of the get operations lower regions, the our in very the low so our in global Second, the logistics lowest-cost to in we're imports. and import-dependent products most cost curve. efficient, the
America of the productive, has most some North the world. Third, in fertile farmland
come historically the distress. in of in times the of Additionally, has billion $XX supported And approved more aid has been with agriculture expected future. government already, U.S. there to
production our it's years million in several just in volumes Given and full be row. this, expect been XX.X like sales last will the we tons, XX continue a million to between year
coal our on lower Chinese equivalent So energy And about volume, basis. is over remains realization. the per that the the it it to is high-cost true more Chinese-based price MMBtu anthracite generally production uncertainty currently an is are while not coal be marginal prices globally, industry. $X tends sales anthracite about in
built-in trading costs we margin structure. below currently So gas have with a $X, our significant
response announced plants industrial South beginning see somewhat principally to which that in in or those Europe, of has supply-side serving a closures demand, with we're were America, Additionally, curtailments and softened. particularly for Asia
and somewhere performance. said last expect XXXX call XXXX's XXXX ] come EBITDA full between our on to I conference we that year in
are far of our So year, quarter first results this XXXX. pacing ahead
last the half QX expect given comping for to of in performance. are of think to movement uncertainty lower prices year, we year second to also are volume said, this additional volume year, from that good prevailing XXXX's we likely but Furthermore, an year, I than XXXX. against range record the QX all-time are As me full the in leads financial be more this and we
the Now a to play the there lot business off is start a running for, year to of with we still and well. are strong
the about really industries feel we to companies good there So out many in compared today. situation our
we Given in can of the the half focusing controlling control. things we those are second we the year, on our efforts uncertainty face
of the our locations. at foremost, and well-being health always, First contractors top our our as employees is and priority protecting and
safely Next, operating we focused asset achieving on utilization. remain high and
can see you our team As consistently has CF of materials, on Slide performance. strong the six delivered
produced we basis, and volumes fact, of a have In XX-month company XX.X sales million records. exceeded XX million on are ammonia, which trailing tons of tons, have both
to the responsibly short the and for term. Finally, the we company both continue long manage
that reflect As manufacturing the economic describe, are we controllable broader expenditures, Chris will SG&A environment. our expense ensuring capital all costs and
turn Bert? With discuss about our then over it the who comments. will return market, before some to that, Chris closing financial I for Bert, let me position will talk
