Q1 2025 Performance Highlights Q1 2025 revenues of $695 million (+26% Y-o-Y and +49% Q-o-Q), adjusted EBITDA of $261 million (+45% Y-o-Y and +65% Q-o-Q) and adjusted profit attributable to shareholders of $73 million (-24% Y-o-Y and +74% Q-o-Q). Strong growth driven by higher sales volumes supported by operational improvements...
Fertiglobe to Acquire Wengfu Australia’s Distribution Assets, Strengthening Its Presence in a Key Region
Fertiglobe to acquire the distribution assets of Wengfu Australia Pty Ltd. through an asset sale and purchase agreement, expanding downstream reach and enhancing access to supplying Australian customers. Purchase price will be based on the net asset value - over 90% of which is fully recoverable net working capital -...
Fertiglobe Shareholders Approve 2024 Dividends of $275 Million and Share Buyback Program, Strengthening Shareholder Value Proposition
Shareholders approved H2 2024 dividends of $125 million (5.5 fils/share), bringing total 2024 dividends to $275 million (12.2 fils/share), implying an industry leading yield of 5.7%. Fertiglobe paid $2.5 billion in dividends since IPO, reflecting one of the highest yields and total return metrics in its market and industry. Shareholders...
Fertiglobe Publishes 2024 Annual Report
Abu Dhabi, UAE – 8 April 2025: Fertiglobe (the “Company”) (ADX: FERTIGLB), the world’s largest seaborne exporter of urea and ammonia combined, the largest nitrogen fertilizer producer in the Middle East and North Africa region, and ADNOC's low-carbon ammonia platform, today announced the publication of its 2024 Integrated Annual Report. ...
Fertiglobe Announces Share Buyback, Reinforcing Commitment to Shareholder Value Creation
Fertiglobe proposes a share buyback for up to 2.5% of the company’s shares, subject to shareholder and regulatory approvals Share buyback reinforces Fertiglobe’s commitment to growing shareholder value and presents a strategic opportunity given the current attractive valuation Shareholders will also vote to approve the final proposed 2024 dividends of...
Fertiglobe Reports Full-Year Adjusted EBITDA of $648 million; Announces H2 2024 Dividends of $125 million
Fertiglobe reported adjusted EBITDA of $648 million in 2024 and $158 million in Q4 2024, respectively, while adjusted net profit attributable to shareholders was $174 million in 2024 and $42 million in Q4 2024. Q4 2024 results were impacted by planned turnarounds and the strategic deferral of several shipments (239kt)...
Fertiglobe Reports Q3 2024 Revenues of $496 Million and Adjusted EBITDA of $176 Million
Fertiglobe reported Q3 2024 revenues and adjusted EBITDA at $496 million and $176 million, respectively. Adjusted net profit attributable to shareholders during the quarter was $31 million.Fertiglobe’s 9M 2024 revenues, adjusted EBITDA and adjusted net profit attributable to shareholders stood at $1.5 billion, $496 million, and $135 million, respectively.Third quarter...
Fertiglobe becomes ADNOC’s vehicle for low-carbon ammonia growth globally
ADNOC completes acquisition of majority stake in Fertiglobe, increasing its shareholding to 86.2%, with the ADX free float unchanged at 13.8% Fertiglobe, the world’s largest seaborne nitrogen exporter, is set to be a global leader in low-carbon ammonia by consolidating ADNOC’s ammonia growth platform ADNOC intends to integrate its domestic...
ADNOC to Close Acquisition of Controlling Stake in Fertiglobe
Abu Dhabi, UAE – 11 October 2024: ADNOC Abu Dhabi National Oil Company P.J.S.C. (“ADNOC”) today announced that its acquisition of OCI’s 50% + 1 share stake in Fertiglobe (ADX: FERTIGLB) (“Fertiglobe" or the “Company”), disclosed in December 2023, has received all required approvals and is expected to close on...
Fertiglobe Board of Directors approves $150 million interim dividend for H1 2024
Fertiglobe’s Board of Directors (BoD) has approved an interim dividend of $150 million for H1 2024, equivalent to AED 551 million or 6.6 fils per share The cash dividend will be paid during October 2024 to shareholders who own Fertiglobe shares on the record date of 10 October 2024. The...