Fertiglobe plc Financial Results Press Release for the Period Ended March 31,2026

Fertiglobe reported Q1 2026 revenue of $915 million (+32% YoY) and adjusted EBITDA of $342 million (+31% YoY), while adjusted net profit attributable to shareholders nearly doubled to $145 million (+98% YoY).
Financial growth was driven by higher global pricing for urea and ammonia which offset a 12% year-over-year decline in own-produced sales volumes caused by trade route disruptions.
Operational efficiency improved as urea operating rates reached 96% compared to 87% in Q1 2025, supported by the company’s Manufacturing Improvement Plan and record performance in Egyptian operations.
Effective January 1, 2026, the corporate tax rate for Fertil was reduced from 25% to a tiered structure of 15% to 20%, resulting in a one-off accounting gain of $52.7 million from the revaluation of deferred tax liabilities.