UAE’s Fertiglobe Sees 41% Profit Rise in Q2, Reaches $20 Million
Fertiglobe, a fertilizer company based in Abu Dhabi, made a profit of $20.2 million in the second quarter of 2025. This is a 41.3% increase from $14.3 million in the same period last year. The result matched what experts had expected.
Financial Details
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Revenue grew by 14% to $566 million, up from $496 million last year.
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However, for the first half of 2025, the total profit dropped by 29% to $92.8 million. This includes a one-time foreign exchange gain of $81 million.
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First-half revenue rose by 20% to $1.26 billion.
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The amount of fertilizer sold in Q2 was 10% lower than last year, but only 1% lower over the full half-year.
Fertiglobe is the world’s biggest exporter by sea of both urea and ammonia, and it’s a leader in eco-friendly ammonia. It can produce 6.6 million tons a year and runs operations in the UAE, Egypt, and Algeria.
Fertiglobe was ranked 96th on Forbes Middle East’s Top 100 Listed Companies in 2025. Its CEO, Ahmed El-Hoshy, was ranked 6th on the Sustainability Leaders list in 2024.
Dividend News
The company plans to give at least $100 million in dividends for the first half of the year, which is equal to 4.4 fils per share.
CEO’s Comment
“This quarter showed how strong our operations are becoming,” said CEO El-Hoshy. “We’re in a good position to keep performing well, even with tough market conditions.”
Business Update
In April, Fertiglobe signed a deal to buy Wengfu Australia’s distribution business. This will help Fertiglobe reach more customers in Australia and grow in the Asia-Pacific region. The deal is expected to improve Fertiglobe’s earnings per share by 2.8% in 2026 and 4.1% in 2027, not counting extra benefits from the deal.
Published: 5th August 2025
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