# EuroChem posts record 1H EBITDA of $1.6bn | EuroChem Group

> EuroChem reported record 1H 2021 EBITDA of US$1.6 billion, up 97% year-on-year, on sales of US$4.4 billion. Potash sales rose 25% to 1.25 million tonnes as output increased at its UKK mine, and free cash flow reached US$783 million.

- Date: 2021-08-18 · published 2021-08-18T12:00:00.000Z
- Category: market · region Russia · magnitude low
- Page: https://feedsoft.ai/events/45498-eurochem-posts-record-1h-ebitda-of-1-6bn-eurochem-group
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Higher output from a large Russian producer adds potash and urea supply, which is mildly bearish for prices, though the company's results reflect higher prices as well as volume growth.

## Read by commodity

- POTASH: bearish ▼

## Sources

- eurochemgroup.com: https://www.eurochemgroup.com/media-announcements/1h-2021-ifrs-results/

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