Egypt and global economy brief
Fertiglobe Q3 Net Profit Falls 62% to $51 Million Amid Higher Costs
An RE brief based on a story published by Forbes Middle East on 12 November 2026.
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Fertiglobe’s third-quarter net profit fell 62% year on year to $51 million.
Revenue rose 19% to $905 million, supported by higher ammonia prices and sales volumes, while adjusted EBITDA declined 19% to $231 million.
Higher logistics and operating costs, lower urea prices and planned maintenance at its Egyptian facility weighed on results.