Fertiglobe Reports Impressive Second-Quarter Financials and Proposes Dividend Increase Amid Strengthened Market Position
July 30, 2026 – Fertiglobe, the largest seaborne exporter of combined urea and net ammonia and the foremost nitrogen fertilizer producer in the Middle East and North Africa, has announced robust second-quarter results, underscoring its sustained operational excellence and strategic foresight. The company also proposed a significant increase in dividends, reflecting its commitment to shareholder returns amid a favorable market climate.
In its latest financial report, Fertiglobe revealed an adjusted EBITDA of 1 million for the second quarter, more than doubling from the previous year. Equally noteworthy was the adjusted net profit attributable to shareholders, which surged an extraordinary 12.5 times to 5 million. This remarkable performance can be attributed to Fertiglobe’s disciplined capital allocation and strategic execution, as well as its ability to navigate regional market conditions effectively.
The financial highlights for the first half of 2026 further illustrate Fertiglobe’s strong position in the market. The company registered revenues of billion, marking a 59% increase year-on-year. Adjusted EBITDA increased by 63% to 3 million, while the adjusted net profit attributable to shareholders rose 3.4 times to 9 million. This performance has been facilitated by record-high utilization rates at Fertiglobe’s facilities in Egypt and Algeria, allowing the company to capitalize on its diverse production and logistical capabilities to cater to a growing global customer base.
“Despite ongoing constraints, we managed to export volumes from the UAE equivalent to 56% of our Q2 2026 production, which faced challenges due to essential maintenance on one of our production lines,” stated Ahmed El-Hoshy, CEO of Fertiglobe. This statement highlights the operational resilience of the company, demonstrating the strength of its infrastructure and management in mitigating risks associated with routine maintenance and other external factors.
Fertiglobe’s financial stability is further fortified by its strategic partnerships and backing from ADNOC and XRG. As a crucial component of ADNOC’s international investment strategy, Fertiglobe is uniquely positioned to leverage its extensive market reach and integrated supply chain mechanisms. The firm is steadfast in its commitment to its ‘Grow 2030’ strategy, which outlines a roadmap for sustainable growth and expanded market presence over the next decade.
El-Hoshy emphasized, “We will continue to utilize our diversified footprint, logistical flexibility, and integrated global platform to create value and deliver resilient growth for our shareholders.” Affirming Fertiglobe’s operational strategy, he indicated that the company’s diversified approach is pivotal in navigating both local and global market dynamics, thereby optimizing production while maintaining high service levels for its clients.
As a testament to its robust financial health and performance trajectory, Fertiglobe’s management has proposed a minimum dividend of 0 million for the first half of 2026. This proposal represents an increase of more than 20% compared to the prior year, reflecting the company’s positive earnings momentum and its focus on returning value to shareholders. The approval for this dividend proposal is set to occur during an upcoming Board meeting in September 2026, with anticipated payments scheduled for October 2026.
In conclusion, Fertiglobe’s recent financial results and proposed dividend increase underscore its strong market position and operational effectiveness within the fertilizer production landscape. By focusing on adaptability and growth, Fertiglobe not only reaffirms its commitment to shareholder value but also signifies a broader trend of resilience and opportunity within the Middle Eastern industrial sectors.
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