PhosAgro's net profit increased by 14.2 in 9 months%

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AK&M 07 November 2024 19:25

PhosAgro's net profit for the first 9 months of 2024 increased by 14.2% to RUB 64.8 billion from RUB 56.77 billion a year earlier. Adjusted net profit fell by 12% to RUB 72.98 billion from RUB 82.89 billion. Revenue increased by 12.8% to RUB 371.035 billion from RUB 328.88 billion. EBITDA fell by 18.2% to RUB 123.5 billion from RUB 151.098 billion. This is stated in the company's message.

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 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. 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.