# Fertiglobe Reports Strong Q4 2023 Results, Board Recommends $200 Million H2 Dividends

> 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.

- Date: 2024-02-14 · published 2024-02-14T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/31979-fertiglobe-reports-strong-q4-2023-results-board-recommends-200-million-h2
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Strong results reflect firm nitrogen margins, but this is company-level financial news with little direct effect on feed-ingredient supply or prices.

## Read by commodity

- UREA: neutral

## Sources

- fertiglobe.com: https://fertiglobe.com/fertiglobe-reports-q4-2023-results-with-significantly-improved-quarterly-performance-board-recommends-200-million-h2-dividends/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.