Itafos releases transcript of Q2 2026 financial results, business update call
Reuters2026/08/24 21:04- Itafos discussed Q2 2026 results on its quarterly update call attended by CEO David Delaney and IR director Jon Donnel.
- Revenue rose 14% to USD 144 million; adjusted EBITDA was nearly USD 18 million, implying a 12.4% margin amid higher sulfur costs.
- Conda completed its annual turnaround on time and on budget; production held steady versus last year despite industry logistics disruptions.
- Arraias lifted fertilizer output 62% year over year; sulfuric acid sales were constrained by sulfur availability during a 45-day turnaround.
- Amended Rio Tinto sulfuric acid contract switched pricing to the Tampa Index; CEO expects war-driven supply disruptions to pressure margins into year-end.
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