# Itafos Reports Strong Q1 2021 Results, Raising Full-Year 2021 Guidance | Financial Post

> Itafos reported Q1 2021 revenue of $90.1 million, adjusted EBITDA of $20.7 million and net income of $1.9 million. The company raised its full-year 2021 adjusted EBITDA guidance to $95-105 million and its free cash flow guidance to $40-50 million, citing significantly improved market fundamentals at its Conda operation.

- Date: 2021-05-13 · published 2021-05-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/47413-itafos-reports-strong-q1-2021-results-raising-full-year-2021-guidance-financial
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Management's comment on stronger phosphate market fundamentals signals firm phosphate fertilizer pricing. This is a company-level result rather than a major supply shift, so its effect on feed commodity prices is limited.

## Read by commodity

- DAP: bullish ▲

## Sources

- financialpost.com: https://financialpost.com/globe-newswire/itafos-reports-strong-q1-2021-results-raising-full-year-2021-guidance

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