Close Menu
TheKhaleejPost
    What's Hot
    Business

    The Galleria Al Maryah Island Announce ‘Unlock The Vault’ Spend & Win Eid Al-Fitr Campaign

    Business

    DGHR organises ‘Community Change Lab’ to advance ‘Year of Community’ objectives

    Business

    ‘Mall Millionaire’ Campaign Concludes With Grand Prize And Car Winners Announced

    Important Pages:
    • Home
    • Privacy Policy
    • Terms & Conditions
    Facebook X (Twitter) Instagram Pinterest
    Facebook X (Twitter) Instagram Pinterest
    TheKhaleejPost
    • Home
    • Technology

      SBC Summit Gives Delegates Direct Access to Regulators Through New Regulatory Gaming Meetups

      From Play-to-Earn to Player Ownership: GameChain Collective Drives the Next Gaming Evolution

      CNTXT AI Acquires Actualize to Strengthen Arabic Voice AI for Enterprise and Government Across the GCC

      SBC Summit unveils new pass structure alongside standalone Affiliate Leaders Summit access

      GameChain Collective Redefines Web3 Gaming Through Collaboration and Co-Creation

    • Business

      Etihad Airways strengthens its African network with three partnerships in July

      Sensational Tadej Pogačar Claims Fifth Tour de France Title in Seven Years

      Al Masaood Automobiles Achieves Highest-Ever Score in Nissan’s Global Dealership Standards Assessment

      Columbia Group and AD Ports Group Appoint Xanthos Kyriacou as CEO of Noatum CSM

      Fertiglobe More Than Doubles Adjusted EBITDA in Q2 2026, Proposes H1 2026 Dividend Increase of At Least 20% Y-o-Y to A Minimum of $150 Million

    • Submit A Press Release
    TheKhaleejPost
    Home » Fertiglobe More Than Doubles Adjusted EBITDA in Q2 2026, Proposes H1 2026 Dividend Increase of At Least 20% Y-o-Y to A Minimum of $150 Million
    Business

    Fertiglobe More Than Doubles Adjusted EBITDA in Q2 2026, Proposes H1 2026 Dividend Increase of At Least 20% Y-o-Y to A Minimum of $150 Million

    Facebook Twitter Pinterest WhatsApp
    Share
    Facebook Twitter Pinterest WhatsApp

    Abu Dhabi, UAE – July 28, 2026: Fertiglobe (the ‘Company’) (ADX: FERTIGLB), the world’s largest seaborne exporter of urea and net ammonia combined, the largest nitrogen fertilizer producer in the Middle East and North Africa sign-mou-to-enhance-military-aircraft-sustainment-capabilities-across-the-region/”>region, and the exclusive ammonia platform of ADNOC and XRG, today announced its financial results for the three-month and six-month periods ended 30 June 2026 (‘Q2 2026’ and ‘H1 2026’, respectively). In Q2 2026, Fertiglobe reported strong revenues of $1.1 billion, up 92% year-on-year, while adjusted EBITDA increased 111% Y-o-Y to $371 million and adjusted net profit attributable to shareholders increased 12.5x Y-o-Y to $145 million. In the first half of 2026, Fertiglobe delivered revenues of $2.0 billion reflecting a 59% Y-o-Y increase, while adjusted EBITDA increased 63% Y-o-Y to $713 million, and adjusted net profit attributable to shareholders of $289 million increased 3.4x Y-o-Y

    Performance in the quarter reflects disciplined execution, the breadth of Fertiglobe’s global production and trading footprint, as well as the Company’s ability to redirect volumes and capture value in a disrupted logistics environment, despite 100kt urea shipments shifting to early Q3 2026. Fertiglobe continues to monitor regional developments and implements appropriate contingency arrangements to support safe and reliable operations.

    ‘Our Q2 2026 results demonstrate the resilience of Fertiglobe’s operations and the strength of our team. We further diversified UAE export routes through alternative overland and sea logistics, while expanding storage capacity to maintain production continuity. Despite ongoing constraints, we exported volumes from the UAE equivalent to 56% of Q2 2026 production, which was impacted by critical maintenance activities on one of the lines.

    Leveraging our diversified global footprint and established trading platform, we continued serving customers throughout the disruption. Improved pricing partially offset lower volumes and higher logistics costs, driving EBITDA margin expansion in Q2 2026. Our strong performance and disciplined capital allocation support a proposed dividend increase of at least 20% year-on-year. Including this distribution, Fertiglobe will have returned more than 50% of its IPO market capitalization.

    Backed by a strong balance sheet and the support of XRG, ADNOC’s international investment company, Fertiglobe remains well positioned to deliver on its Grow 2030 strategy. We will continue to leverage our diversified footprint, logistical flexibility, and integrated global platform to create value and deliver resilient growth for our shareholders.

    In line with Fertiglobe’s commitment to delivering shareholder value, management proposed H1 2026 dividends at a minimum of $150 million, subject to Board approval in September 2026 with payment in October 2026. Including the proposed H1 2026 dividend, Fertiglobe will have returned or proposed to return at least $3 billion in capital returns to shareholders since IPO1, alongside execution of its 2.5% share buyback program (of which 1.34% of total outstanding shares have been repurchased at a cost of $74 million).

    As of 30 June 2026, Fertiglobe reported net debt of $621 million, down from $1.0 billion as of 31 December 2025, equivalent to consolidated net debt-to-LTM adjusted EBITDA of 0.5x. Fertiglobe’s strong balance sheet and disciplined financial framework continue to support both growth investments and attractive shareholder returns. Backed by XRG, ADNOC’s international investment company, Fertiglobe remains well positioned to deliver on its Grow 2030 strategy while maintaining a disciplined approach to capital allocation.

    On 28 July 2026 at 3:00 PM UAE (12:00 PM London, 7:00 AM New York), Fertiglobe will host a conference call for investors and analysts.

    Investors can access the call and ask live questions by dialing one of the following numbers using the code: 883827

    Share. Facebook Twitter Pinterest WhatsApp
    Previous ArticleAmmroc and airbus defence and space sign mou to enhance military aircraft sustainment capabilities across the region
    Next Article Columbia Group and AD Ports Group Appoint Xanthos Kyriacou as CEO of Noatum CSM

    Related Posts

    Business

    Etihad Airways strengthens its African network with three partnerships in July

    Business

    Sensational Tadej Pogačar Claims Fifth Tour de France Title in Seven Years

    Business

    Al Masaood Automobiles Achieves Highest-Ever Score in Nissan’s Global Dealership Standards Assessment

    Business

    Columbia Group and AD Ports Group Appoint Xanthos Kyriacou as CEO of Noatum CSM

    Business

    Ammroc and airbus defence and space sign mou to enhance military aircraft sustainment capabilities across the region

    Business

    Etihad Airways and Air Peace sign interline agreement to expand connectivity across Nigeria and West Africa

    Business

    Approval of the National Programme for the Development of the Statistical System in the UAE

    Business

    Natural History Museum Abu Dhabi Marine Month WHAT’S ON: August 2026

    Stay In Touch
    • Facebook
    • Twitter
    Top Picks
    Business

    The Authority of Social Contribution – Ma’an has launched community initiative to activate a volunteer network

    Abu Dhabi, 13 April 2026: The Authority of Social Contribution – Ma’an, an affiliate of the Department of Community Development – Abu Dhabi, in partnership with Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), has launched a community initiative to activate a volunteer network to deliver guided tours across key cultural landmarks in Abu Dhabi, empowering community members to create a lasting social impact. As part of the initiative, 280 volunteers dedicated 2,240 hours to guide international visitors impacted by disruptions and delays to their travel plans, around key cultural locations in Saadiyat Island, namely Louvre

    CBB 12 month treasury bills Issue No. 129 fully subscribed

    Drug Force: A Gripping Tale Unveiling the talented writer Larry Hussey’s Journey

    Thales’ Pascale Sourisse on how national human capital is fuelling UAE’s growth

    HPE and AMD celebrate launch of new ‘Saudi Made’ server at alfanar facility

    Stay ahead with TheKhaleejPost, your premier destination for breaking news, analysis, and in-depth coverage across the Gulf region and beyond. Discover diverse viewpoints, stay informed, and delve into the stories shaping our communities and world.

    Facebook X (Twitter)
    Categories
    • Business (946)
      • Career (2)
      • Management (5)
      • Startup (12)
    • Business & Tech (6)
    • Culture (78)
    • Entertainment (32)
      • Celebrity (3)
      • Movies (2)
      • TV Shows (1)
    • News (77)
    • Politics (12)
    • Technology (80)
      • Phones (2)
      • Science (2)
    • Videos (10)
    Our Picks
    Business

    Mohammed Kilany: A Journey of Entrepreneurial Excellence

    Technology

    Dubai launches global blueprint for artificial intelligence

    Business

    Inaugural Abu Dhabi Global Sustainable Security Summit to take place in emirate

    © 2026 TheKhaleejPost.
    • Home
    • About Us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Type above and press Enter to search. Press Esc to cancel.