Balance SheetCompass has many tough-to-call challenges to navigate including a distressed balance sheet, high network salt inventories, new product pushback, and achieving optimal cash management and capital intensity.
Financial PerformanceThere have been tough winters, problematic capital allocation, shuttered projects, high salt inventories, high leverage and a material management shuffle.
Market ForecastCMP expects Highway Deicing rock salt pricing to be down ~2% for the upcoming winter with awarded market volumes down 7–10%.