Close Menu
TheKhaleejPost
    What's Hot
    Business

    SVC invests in SEEDRA Ventures Fund II to back Saudi tech startups

    Business

    CarbonSifr and Careem Launch Eco-Friendly Rides in Saudi Arabia with Transport General Authority and MEWA’s Sedrah Program, supporting MEWA’s tree planting projects.   

    Business

    INFINITI of Arabian Automobiles Launches tantalizing Ramadan Offers

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

      Wonder Kids and NADA Host International Mental Arithmetic, English Spelling and Mathematics 2026 Competition in Thailand

      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

    • Business

      Book your October by the sea: Etihad flies to Saudi Arabia’s Red Sea coast from 4 October

      EDGE and Safran Chart Path for Strategic Defence Cooperation in Brazil

      AED 6.8B in Financing to Support UAE Exports and Open More Than 40 Global Markets ADEX Celebrates 7 Years of Leadership and Achievement

      Abu Dhabi School of Management and Siemens Energy Convene CIOs, Industry Leaders and Academia Experts to Advance AI-Driven Business Transformation

      Al Habtoor Motors launches ‘Back to School with Mitsubishi’ offers with Buy Now, Pay in 2027

    • 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

    Book your October by the sea: Etihad flies to Saudi Arabia’s Red Sea coast from 4 October

    Business

    EDGE and Safran Chart Path for Strategic Defence Cooperation in Brazil

    Business

    AED 6.8B in Financing to Support UAE Exports and Open More Than 40 Global Markets ADEX Celebrates 7 Years of Leadership and Achievement

    Business

    Abu Dhabi School of Management and Siemens Energy Convene CIOs, Industry Leaders and Academia Experts to Advance AI-Driven Business Transformation

    Business

    Al Habtoor Motors launches ‘Back to School with Mitsubishi’ offers with Buy Now, Pay in 2027

    Business

    President of Senegal Receives HE Al Zeyoudi in Dakar to Discuss Expanding Trade and Investment Partnership

    Business

    UAQ Free Zone and Port City Colombo Sign Agreement to Promote Investment

    Business

    Environment Agency – Abu Dhabi partners with Japan’s Suwa Falconry Preservation Society to preserve a shared falconry heritage

    Stay In Touch
    • Facebook
    • Twitter
    Top Picks
    Business

    Emirates Draw FAST5 Off to a Fast Start: South African Wins Big in Raffle Draw

    In its commitment to fast-tracking dreams and creating extraordinary lives, Emirates Draw’s latest game, FAST5, is…

    Abdullah bin Zayed and US Vice President Discuss Strengthening Strategic Ties

    McArthurGlen Designer Outlets: Proudly Partnered with Emirati Women’s Day 2024

    BingX Unveils BingX AI Claw, the World’s First AI-Powered Multi-Asset Trading Analyst

    Asghar Furniture Redefines Luxury Living in Dubai with Modern, Customizable Furniture Collections

    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 (995)
      • Career (2)
      • Management (5)
      • Startup (12)
    • Business & Tech (6)
    • Culture (78)
    • Entertainment (32)
      • Celebrity (3)
      • Movies (2)
      • TV Shows (1)
    • News (84)
    • Politics (12)
    • Technology (81)
      • Phones (2)
      • Science (2)
    • Videos (10)
    Our Picks
    Business

    Dubai car number plate fetches Dh5.22 million at auction

    Business

    Titan sets its sights on the UAE’s luxury watch landscape

    Business

    Siemens unveils Velaro High-Speed train at TransMEA 2025 in Cairo

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

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