NORTH AMERICAN BUSINESS
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS
No Result
View All Result
NORTH AMERICAN BUSINESS
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS
No Result
View All Result
NORTH AMERICAN BUSINESS
No Result
View All Result
Home ALL Agriculture

CF Industries Holdings, Inc. Reports First Half 2021 Net Earnings of $397 Million, EBITDA of $994 Million, Adjusted EBITDA of $997 Million

by Albert Brown
August 10, 2021
A A

CF Industries Holdings, Inc. (NYSE: CF), a leading global manufacturer of hydrogen and nitrogen products, today announced results for its first half and second quarter ended June 30, 2021.

Highlights

  • First half net earnings of $397 million(1), or $1.83 per diluted share; EBITDA(2) of $994 million; adjusted EBITDA(2) of $997 million
  • Second quarter net earnings of $246 million(1), or $1.14 per diluted share; EBITDA of $596 million; adjusted EBITDA of $599 million
  • Trailing twelve month net cash from operating activities of $1.22 billion, free cash flow(3) of $698 million
  • Company to redeem $250 million in debt on September 10, 2021
  • Mitsui & Co., Inc., one of the leading ammonia marketers in the world, and CF Industries, the world’s largest producer of ammonia, have agreed to jointly explore development of blue ammonia projects in the United States
  • Company requested the initiation of antidumping and countervailing duty investigations on imports of UAN from Russia and Trinidad and Tobago (Trinidad) due to the harm the domestic UAN industry has experienced from dumped and unfairly subsidized UAN imports from Russia and Trinidad

“The CF team performed well in the first half of 2021 as strong global nitrogen demand and favorable energy spreads enabled us to generate approximately $1 billion in adjusted EBITDA, nearly 25 percent higher than the first half of 2020,” said Tony Will, president and chief executive officer, CF Industries Holdings, Inc. “These dynamics continue to support global nitrogen prices at levels far above those of a year ago, positioning CF Industries well for the second half of 2021. Looking ahead, we expect positive global nitrogen industry conditions to persist into 2023, underpinned by the need to replenish global grains stocks.”

Tags: < Financial Results
ShareTweetShareSend

Related Industries

Agriculture

Cargill Wins 2023 BIG Innovation Award

January 12, 2023
Agriculture

Cargill Announces CFO Transition

January 10, 2023
Agriculture

CARE, Cargill renew partnership to support women in agriculture during worsening global hunger crisis

December 14, 2022
Agriculture

Cargill announces acquisition of Owensboro Grain Company

November 29, 2022
Agriculture

Cargill Appoints Brian Sikes as President and Chief Executive Officer, and Dave MacLennan as Executive Chair of the Board

November 22, 2022
Agriculture

Cargill Named in Fast Company’s Second Annual List of “Brands That Matter”

October 26, 2022

AkzoNobel using 100% renewable electricity in North America

January 26, 2023

...

Quadric and ams OSRAM collaborate to bring intelligent image sensors demonstration to CES

January 6, 2023

...

Thermo Fisher Scientific Completes Acquisition of The Binding Site Group

January 4, 2023

...

KKR Appoints Tim Lawler as Executive Advisor

January 18, 2023

...

NTT DATA, Valeo and Embotech Form Consortium to Provide Automated Parking Solutions

January 5, 2023

...

Cargill Announces CFO Transition

January 10, 2023

...

Barclays Expands Technology Banking Franchise with Two Senior Appointments

January 26, 2023

...

chevron names mark a. nelson vice chairman

January 27, 2023

...

Ford’s John Savona to Retire in March, Closing 33-Year Career; Bryce Currie Will Lead Americas Manufacturing, Labor Affairs

January 12, 2023

...

NORTH AMERICAN BUSINESS (www.na-biz.com) is a leading source of business and corporate news, information, industry trends, market updates and insights across a broad spectrum of industries in North America and worldwide.

INDUSTRIES

  • Aero
  • Agriculture
  • ALL
  • Automotive
  • Business Service
  • Chemical
  • Construction
  • Construction Materials
  • Consumer
  • Education
  • Energy
  • Entertainment
  • Environmental
  • F&B
  • Financial
  • Healthcare
  • Hospitality
  • Industrial
  • IT
  • IT Hardware
  • Logistic
  • Metal & Mining
  • Packaging & Paper
  • Rail
  • Real Estate
  • Telecom

CONTACT US

EDITORIAL:     editor#na-biz.com

PARTNERSHIP:     biz#na-biz.com

HUMAN RESOURCE:     hr#na-biz.com

* (replace # with @)

  • Official Site

Copyright © NA-BIZ.COM All rights reserved.

No Result
View All Result
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS

Copyright © NA-BIZ.COM All rights reserved.