External broker reports(aggregated public sources), International Securities

International Securities

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>Fertiglobe posted 1Q24 core profit of USD77mn, down 51% YoY (-28% QoQ)</li><li>The core profit removes the impact of exchange gains/losses as well as tax reversals</li><li>Despite stable volume, revenue was lower by 20% YoY (-15% QoQ) led by 9% and 45% YoY decline in Urea and Ammonia benchmark prices, respectively</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Fertiglobe posted 1Q24 core profit of USD77mn, down 51% YoY (-28% QoQ)The core profit removes the impact of exchange gains/losses as well as tax reversalsDespite stable volume, revenue was lower by 20% YoY (-15% QoQ) led by 9% and 45% YoY decline in Urea and Ammonia benchmark prices, respectivelyContent is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Fertiglobe: 1Q24 Core Profit Down 51% YoY (-28% QoQ) To USD77mn, in Line with Estimates

Fertiglobe plc

Fertiglobe: 1Q24 Core Profit Down 51% YoY (-28% QoQ) To USD77mn, in Line with Estimates