安道麦B:2024年半年度报告附件(英文版)

ADAMA Reports Second Quarter and First Half Year 2024 Results
Q2 2024 Adjusted EBITDA 7% above Q2 2023; Improvement in gross margin and adjusted
EBITDA margin in Q2 & H1 2024 following strict inventory management allowing the Company to
benefit frommarket costs, positive product sales mix and continued OPEXmanagement measures;
Significant improvement in cash flow despite challenging market conditions; Positive operating
cash flow of $243 million achieved in H1 2024 in comparison to a negative cash flow of $19 million
in H1 2023; Positive free cash flow of $51m achieved in H1 2024 in comparison to a negative cash
flow of $254m in H1 2023;
Implementation of transformation plan underway, showing initial benefits as challenging market
conditions continue.
Second Quarter 2024 Highlights:
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