Close Menu
TheKhaleejPost
    What's Hot
    Celebrity

    Snitkovsky’s Art Estate at Auction in Dubai: Jose Mauricio Mendoza Invites You to this Great Event

    Business

    AGDA and GLOBSEC sign MoU to forge strategic partnership

    Business

    CYPRUS’ COST-EFFECTIVE EU RESIDENCY SCHEME PROVING POPULAR WITH BRITISH EXPATS

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

      SBC Summit Malta to Help Affiliates Unlock New Growth in a Changing Landscape

      SBC Summit Malta to Explore the Trends Driving the Future of Casino

      Faraday Future Completes Delivery of EAI Robots in Texas, Expanding “Robot & Vehicle + Education” and “Robot & Vehicle + Performance” Scenarios

      UGC-Driven Music Market in MENA Becomes Increasingly Diverse as TikTok Remains the Primary Launchpad for Viral Tracks, 0to8 Reports

      SBC Summit Malta Brings SEO Experts to Tackle Search in 2026

    • Business

      Al Masaood Automobiles Launches Exclusive INFINITI Flash Sale Offer

      UAE National Pavilion Draws Significant Attention on the Opening Day of the 2026 International Defence and Aviation Exhibition in Istanbul

      Emirates Development Bank financing for Dubai Industrial City firms tops AED 1.3 billion as partnership renews to accelerate UAE industrial growth

      Our Commitment to Your Mission.

      CredibleX announces Series A round with Mubadala as lead investor to accelerate SME financing in the UAE

    • Submit A Press Release
    TheKhaleejPost
    Home » Fertiglobe Delivers 31% Y-o-Y EBITDA Growth in Q1 2026, Demonstrating Financial and Operational Resilience Amid Challenging Geopolitical Conditions
    Business

    Fertiglobe Delivers 31% Y-o-Y EBITDA Growth in Q1 2026, Demonstrating Financial and Operational Resilience Amid Challenging Geopolitical Conditions

    Facebook Twitter Pinterest WhatsApp
    Fertiglobe Delivers 31% Y-o-Y EBITDA Growth in Q1 2026, Demonstrating Financial and Operational Resilience Amid Challengin...
    Share
    Facebook Twitter Pinterest WhatsApp

    Abu Dhabi, UAE – April 29, 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 region, and the exclusive ammonia platform of ADNOC and XRG, today announced its financial results for the three-month ended 31 March 2026 (Q1 2026). In Q1 2026, Fertiglobe reported strong revenues of $915 million, reflecting a 32% Y-o-Y increase, while adjusted EBITDA increased 31% Y-o-Y to $342 million, and adjusted net profit attributable to shareholders of $145 million grew significantly by 98% Y-o-Y. This performance reflects continued cost and operational discipline across the portfolio with tangible results from the Manufacturing Improvement Plan (MIP) and Fertiglobe’s ability to capture value in tight market conditions.

    ‘Our Q1 2026 performance reflects the strength and resilience of Fertiglobe’s platform, with disciplined execution translating into strong earnings growth despite a complex operating emirates-fishing-regulations-for-2026/”>environment due to the conflict in the Middle East. Safety remains our highest priority, and I am grateful to our teams for maintaining safe and reliable operations across the portfolio in these conditions, delivering record performance in Egypt and excellent urea utilization rates of 96% across the platform, a remarkable improvement from 87% in Q1 2025.

    1 The adjustment in tax rate led to a revaluation of deferred tax liabilities, resulting in a one-off accounting gain of $52.7 million in reported net income.

    The quarter underscores the tangible impact of our Manufacturing Improvement Plan, with enhanced operating rates, improved efficiencies, and value-focused contingency planning, positioning us well to meet customer demand in the months ahead. Our ability to optimize production, logistics, and market placement across a diversified global footprint continues to differentiate Fertiglobe and support value capture in the tight market conditions which are expected to be sustained in the near-term. The recent adjustment to Fertil’s corporate tax rate further enhances our competitive positioning and cash generation capacity, supporting our commitment to delivering attractive and sustainable returns to shareholders.

    Looking ahead, we remain focused on advancing our Grow 2030 Strategy with discipline and pace. We have already implemented over 40% of our targeted growth initiatives, alongside delivering our cost optimization program on a run-rate basis, strengthening our return profile and reinforcing our pathway to sustained earnings and free cash flow growth.

    With robust near-term nitrogen fundamentals and a structurally supportive medium-term outlook, Fertiglobe is well positioned to continue delivering resilient performance while progressing high-return growth opportunities across our core and low-carbon product portfolio.’

    Fertiglobe paid and committed to $2.9 billion in capital returns to shareholders since IPO, including execution on its 2.5% share buyback program. As of 31 March 2026, Fertiglobe repurchased 111 million shares, representing 1.34% of total outstanding shares (at a buyback cost of $74 million).

    As of 31 March 2026, Fertiglobe reported a net debt position of $822 million, down from $1.0billion as of 31 December 2025, and implying consolidated net debt to LTM adjusted EBITDA of 0.7x. Fertiglobe’s financial position enables the company to effectively balance growth investments and shareholder distributions, supported by a solid balance sheet and robust consolidated free cash flow generation of $235 million in Q1 2026.

    On 29 April 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.

    Share. Facebook Twitter Pinterest WhatsApp
    Previous ArticleUnder directives of Hamdan bin Zayed, Environment Agency – Abu Dhabi implements ministerial decisions reshaping emirate’s fishing regulations for 2026
    Next Article H.E. Dr Abdulla Humaid Al Jarwan, Chairman of the Abu Dhabi Department of Energy, stated:

    Related Posts

    Business

    Al Masaood Automobiles Launches Exclusive INFINITI Flash Sale Offer

    Business

    UAE National Pavilion Draws Significant Attention on the Opening Day of the 2026 International Defence and Aviation Exhibition in Istanbul

    Business

    Emirates Development Bank financing for Dubai Industrial City firms tops AED 1.3 billion as partnership renews to accelerate UAE industrial growth

    Business

    Our Commitment to Your Mission.

    Business

    CredibleX announces Series A round with Mubadala as lead investor to accelerate SME financing in the UAE

    Business

    ADNEC Group Finalises Preparations for the Fifth Edition of Make it in the Emirates

    Business

    The Zayed Charity Run press conference was held in Addis Ababa, Ethiopia, highlighting its role as a global platform for giving without borders, inspired by the enduring humanitari

    Business

    SEHA’s Sheikh Tahnoun Bin Mohammed Medical City Highlights Successful Weight-Reduction Outcomes Through Personalised Nutrition Care

    Stay In Touch
    • Facebook
    • Twitter
    Top Picks
    Business

    ADXC 11 puts Al Ain Region in focus as Abu Dhabi reinforces its standing as the world capital of combat sports

    Al Ain Region, Abu Dhabi, 18 November: The 11th edition of the Abu Dhabi Extreme Championship (ADXC) wrapped up in Al Ain Region with a packed crowd and global attention, delivering another memorable night of grappling and jiu-jitsu action. ADXC 11 came to a close on 14 November after ten bouts featuring 20 male and female athletes from different countries, proving once again why Abu Dhabi stands at the world capital of combat sports. Organised by International Vision Sports Management in collaboration with the Department of Culture and Tourism – Abu Dhabi, the championship is now firmly established as one of Abu Dhabi’s flagship spo

    Deliveroo and Home Centre launch ‘DeliveRoom’ Rest Area for Riders

    Latifa bint Mohammed Reviews Cultural Goals of ‘Season of Wulfa’ Initiative

    Elevate & Ennismore partner to bring $500mln Mondrian beachfront residence to Al Marjan Island

    UAE-China Business Promotion Conference explores strengthening strategic partnerships in trade and investment

    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 (822)
      • Career (1)
      • Management (5)
      • Startup (12)
    • Business & Tech (3)
    • Culture (78)
    • Entertainment (32)
      • Celebrity (3)
      • Movies (2)
      • TV Shows (1)
    • News (77)
    • Politics (12)
    • Technology (73)
      • Phones (2)
      • Science (2)
    • Videos (10)
    Our Picks
    Business

    Dubai Culture and Hala Announce New Partnership, Kicking Off with Eid Al Etihad Initiative Celebrating Emirati Creativity and Everyday Connection

    Business

    Abu Dhabi Real Estate Centre reports 160.7% growth in transactions to AED 66 billion in Q1 2026, the highest quarterly performance on record

    Business

    Fog, dust and humidity: NCM warns of shifting conditions in UAE

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

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