Overview

* Itafos ( ITFS ) Q3 revenue rises to $152.8 mln, driven by strong phosphate market dynamics

* Adjusted EBITDA for Q3 2025 reaches $48.9 mln, highest since Q4 2022

* Company announces CAD$0.17/share special dividend following Araxá Project sale

Outlook

* Company expects modest softening in phosphate prices through Q4 2025

* Itafos ( ITFS ) revises FY 2025 sales volumes to 345-355 thousand tonnes P2O5

* Company anticipates steady global phosphate consumption despite US affordability challenges

Result Drivers

* PRODUCTION RATES - Sustained high production rates at Conda contributed to strong Q3 results

* NEW PRODUCTS - Introduction of new dry fertilizer products at Arraias supported sales volume growth

* PHOSPHATE MARKET - Strong phosphate market dynamics drove higher realized prices, boosting revenue

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $152.8

Revenue mln

Q3 Net $36.2

Income mln

Q3 $48.9

Adjusted mln

EBITDA

Q3 Capex $21.6

mln

Analyst Coverage

* The one available analyst rating on the shares is "strong buy"

* The average consensus recommendation for the agricultural chemicals peer group is "buy."

* Wall Street's median 12-month price target for Itafos Inc ( ITFS ) is C$5.00, about 33.2% above its November 4 closing price of C$3.34

* The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)