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UAE Equity Research - Fertiglobe 2Q22 - First Look Note by Confused investor is a document available to read on EtoBox.

Fertiglobe plc reported a net profit of USD 430 million in 2Q22, a 279.2% increase year-over-year, driven by favorable pricing for ammonia and granular urea. The company maintains a BUY rating with a target price of AED 6.45, supported by strong demand dynamics and a robust balance sheet with a net cash position of USD 445 million. Fertiglobe

Author
Confused investor
Language
EN