Fertiglobe Revenue Up 44%

Fertiglobe’s revenue rose 44% year on year to AED 10.7 billion in the first nine months of 2026. Adjusted EBITDA increased 31% to AED 3.5 billion, while adjusted net profit attributable to shareholders climbed 56% to AED 1.3 billion. Revenue growth was supported by higher ammonia prices and increased sales volumes, which partly offset the impact of lower urea prices and maintenance work. However, logistics and operating costs weighed on margins. In the third quarter, revenue rose 19% to AED 3.3 billion, while adjusted EBITDA fell 19% and adjusted net profit declined 62%.

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