PhosAgro's net profit for the first half of 2024 increased by 28.9% to 53.47 billion rubles from 41.5 billion rubles a year earlier. Revenue increased by 13.5% to RUB 241.56 billion from RUB 212.75 billion. This is stated in the company's message.
Adjusted net profit amounted to RUB 40.6 billion against RUB 55.77 billion. EBITDA decreased by 22.7% to RUB 75.59 billion from RUB 96.52 billion.
PJSC PhosAgro (TIN 7736216869) is a Russian vertically integrated company, one of the world's leading producers of phosphorus–containing fertilizers. PhosAgro's global depositary receipts are listed on the LSE and the Russian Stock Exchange.
PhosAgro's net profit for the first quarter of 2024 decreased by 33.2% to RUB 18.75 billion from RUB 28.06 billion a year earlier. Adjusted net profit amounted to RUB 21.48 billion against RUB 33.897 billion. Revenue increased by 2.7% to RUB 119.27 billion from RUB 116.178 billion. EBITDA decreased by 29.5% to RUB 39.06 billion from RUB 55.39 billion.
