Fertiglobe Revenue Grows by 44% in First Nine Months of 2026
Fertiglobe reported strong financial results for the first nine months of the year, driven by increased exports and improved operational efficiency.
Fertiglobe announced a significant boost in its financial performance during the first nine months of 2026, recording a 44% year-on-year revenue growth to reach 10.7 billion dirhams.
The company stated that its adjusted net profit attributable to shareholders rose by 56%, reflecting a robust financial position despite global market challenges.
The CEO noted that operational performance remained strong, attributed to the success of commercial teams in increasing the UAE's export volumes.
To enhance productivity, the Egyptian Basic Industries Corporation conducted maintenance operations aimed at improving production efficiency.
Additionally, the company has launched a new program to achieve further cost savings by 2028, while maintaining a positive outlook for the final quarter of the year as market conditions improve.