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Adama reports first quarter 2021 results - Robust business growth yields increased profits in the first quarter
Beijing, China and Tel Aviv, Israel
April 28, 2021
- Sales grew by 14% to a Q1 record-high of $1,109 million, driven by continued robust 15% volume growth
- Adjusted EBITDA higher by 2%, reaching $157 million
- Reported net income of $23 million (Q1 2020: loss of $2 million)
- Adjusted net income up 25% to $52 million
>> Q1 2021 press release in English
>> Q1 2021 press release Hebrew
>> Financial presentation
>> Report
More news from: Adama
Website: http://www.adama.com/en/ Published: April 28, 2021 |
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