|
 |
|
|
|||
|
 |
|
May 11, 2026 Source: Adama news release BEIJING, CHINA and TEL AVIV, ISRAEL - ADAMA Ltd. (the "Company"), today reported its financial results for the first quarter ended March 31, 2026. First Quarter 2026 Highlights: *Sales increased 4% (0.5% in RMB) to $1,037 million, mainly reflecting a 3% increase in volumes *Adjusted gross profit up 5% to $318 million, with an improvement in gross margin from 30.3% in Q1 2025 to 30.6% in Q1 2026, reflecting the benefits of higher volumes and improved business quality *Reported net profit increased 2.9 times to $82 million vs $21 million in Q1 2025; Adjusted net profit increased 35% to $59 million from $44 million in Q1 2025 *Adjusted EBITDA amounted to $150 million vs $160 million in Q1 2025 *Operating cash flow was -$141 million in Q1 2026 vs. -$29 million in Q1 2025 *Free cash flow was -$139 million in Q1 2026 vs. -$86 million in Q1 2025 Gaël Hili, President and CEO of ADAMA,said "The strong foundation built through our Fight Forward transformation plan now provides the base for the next phase of our strategy execution, focused on profitable growth. In the first quarter of 2026, ADAMA delivered sales and gross profit growth and higher net income, reflecting improved volumes and continued progress in portfolio quality. "At the same time, profitability and cash generation in the quarter were affected by higher operating expenses and increased working capital, reflecting investments to support growth and inventory build up to capture recovering market momentum. "I remain confident that ADAMA is well positioned to capture market opportunities and deliver sustainable long-term value for our customers and investors." To read the entire report showing sales and products by region click here. Tweet |
|
|
|
|
|
|
|
|
|||||||||||||
