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...
Fertiglobe Reports H1 2024 Revenues of $1,048 Million and Adjusted EBITDA of $378 Million
Fertiglobe reported Q2 2024 revenues of $496 million and adjusted EBITDA of $156 million.Fertiglobe’s Q2 2024 own-produced sales volume fell only marginally by 2% Y-o-Y, despite recent gas supply disruptions in Egypt. Meanwhile, H1 2024 own-produced sales volumes were up 1% Y-o-Y to 2.8 million tons, supported by record production...
Fertiglobe chosen as winning bidder in H2Global pilot auction for supply of renewable ammonia at a delivered price of €1,000 per ton into Europe
Fertiglobe named winning bidder based on financial and extensive technical criteria in first-of-its-kind ‘double-auction’ mechanism, for a contract value of up to €397 million, securing supply of renewable ammonia out of Egypt at a delivered price of €1,000 per ton until 2033Unique program provides critical demand and pricing support to...
Fertiglobe Awards Contract to Commence Construction of TA’ZIZ 1mtpa Low-Carbon Ammonia Facility at Ruwais Industrial City
Fertiglobe, alongside project partners TA’ZIZ, Mitsui & Co., Ltd., and GS Energy Corporation, awards milestone contract to Tecnimont S.p.A.The facility is set to reinforce Abu Dhabi’s position as a leader in low-carbon fuels and capitalize on the growing demand for low-carbon ammonia as a carrier fuel for clean hydrogenA significant...