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.
With the publication of Fertiglobe’s 2024 Annual Report and audited financial statements, the Company has confirmed the unaudited results issued on 10 February 2025. As previously announced, in 2024, Fertiglobe reported revenues of $2,009 million and adjusted EBITDA of $648 million, implying adjusted EBITDA margins of 32%, as well as adjusted net profit attributable to shareholders of $174 million. The Board of Directors has proposed H2 2024 dividends of $125 million (5.5 fils per share), subject to shareholder approval at the Annual General Meeting scheduled on 9 April 2025, bringing total 2024 dividend to $275 million (12.2 fils/share).
The Integrated Annual Report is available on Fertiglobe’s website https://fertiglobe.com/investor-relations.
About Fertiglobe
Fertiglobe is the world’s largest seaborne exporter of urea and ammonia combined, and an early mover in sustainable ammonia. Fertiglobe’s production capacity comprises of 6.6 million tons of urea and merchant ammonia, produced at four subsidiaries in the UAE, Egypt and Algeria, making it the largest producer of nitrogen fertilizers in the Middle East and North Africa (MENA), and benefits from direct access to six key ports and distribution hubs on the Mediterranean Sea, Red Sea, and the Arab Gulf. Headquartered in Abu Dhabi and incorporated in Abu Dhabi Global Market (ADGM), Fertiglobe employs more than 2,700 employees. Fertiglobe is listed on the Abu Dhabi Securities Exchange (“ADX”) under the symbol “FERTIGLB” and ISIN “AEF000901015”. To find out more, visit: www.fertiglobe.com
For additional information, contact:
Fertiglobe Investor Relations
Rita Guindy, Director
Emails:
For additional information on Fertiglobe: fertiglobe.com