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Fertiglobe reported Q4 2023 revenue of $646 million and adjusted EBITDA of $289 million, both up sharply quarter on quarter. The board recommended $200 million in H2 2023 dividends, subject to shareholder approval, bringing 2023 total dividends to $475 million.
ADNOC is also set to raise its stake to 86.2% pending approvals.
Strong results reflect firm nitrogen margins, but this is company-level financial news with little direct effect on feed-ingredient supply or prices.
fertiglobe.comFertiglobeFeb 14, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
