Adama Ltd. Class A · SZSE:000553
Adama Ltd. Class A — Q3 2025 Earnings Presentation
17 slides from Adama Ltd. Class A's earnings presentation, November 2025
Slide 1: ADAMA Ltd Q3 & 9M 2025 Summary
ADAMA Ltd Q3 & 9M 2025 SUMMARY ADAMA Solutions H1 & Q2 2024 SUMMARY
Slide 2: Legal Notice
Legal Notice This presentation is for marketing and information purposes only. By this presentation, neither ADAMA Ltd. nor ADAMA Agricultural Solutions Ltd. (together the “Company” or “ADAMA”) intend to give, and the presentation does not constitute, professional or business advice or an offer or r
Slide 3: Crop Protection Industry Status
Crop Protection Industry Status Demand led volume Raw material oversupply High interest rates rebound as channel return keeping prices under sustaining just in time to pre-pandemic levels pressure purchasing Crop prices stabilizing at low Farmer profitability levels, but sensitive to pressures remai
Slide 4: Q3 & 9M 2025 Financial Highlights
• With stable sales for both periods: • Q3 Gross Profits up 14% above Q3’24; 9M GP up 12% above 9M'24 Q3 & 9M 2025 • Q3 EBITDA up 50% above Q3’24; Financial 9M EBITDA up 30% above 9M'24 • Improved quality of business in gross margin Highlights and EBITDA margin in both Q3 & 9M, attributable to: ‒ Lo
Slide 5: ADAMA LTD Q3 2025
ADAMA LTD Q3 2025 Profit Improvement and Volume Growth while Pricing Pressures Remained Adjusted Highlights Q3 2025 Q3 2024 %▲ $ million ▪ Stable Sales reaching $933 million ̶ 1% volume growth, offsetting 1% lower prices vs. PY Sales 933 929 0% ̶ Recovery of market demands and improvement of channel
Slide 6: ADAMA LTD 9M 2025
ADAMA LTD 9M 2025 Profit Improvement and Volume Growth while Pricing Pressures Remain Adjusted 9M 2025 9M 2024 %▲ Highlights $ million ▪ Stable sales reaching $3,025 million ̶ 3% volume growth offsetting 3% decrease in prices Sales 3,025 3,028 0% ̶ Gradual recovery of market demands in most regions,
Slide 7: Regional Sales Performance 9M 2025 vs. 9M 2024
Regional Sales Performance 9M 2025 vs. 9M 2024 % Sales growth by region Total sales & absolute change in sales ($m) (2%) EAME without Turkey Europe, Africa & Middle East (8) +5% USD 903 16% North America 87 659 1% Latin America (12) 675 (7%) Of which: China Of which: Asia Pacific 4% CER & USD (70) 7
Slide 8: 9M 2025 Sales
9M 2025 Sales Sales bridge analysis 99 -79 -23 3,028 3,025 3% 3% 9M 2024 ∆ Volumes ∆ Prices FX 9M 2025 ▪ Higher volume due to the gradual recovery of market demands in most regions, despite declines in Turkey mainly in Q1 ▪ Weak prices due to low prices of active ingredients and commodities Notes –
Slide 9: 9M 2025 Gross Profit & EBITDA
9M 2025 Gross Profit & EBITDA Gross Profit bridge analysis 179 878 782 14 -18 Improvement in Gross Profit and Gross Margin -79 The gross profit was impacted by the contribution of lower costs, higher volumes, and lower prices 12% 25.8% 29.0% 9M 2024 ∆ Volumes ∆ Prices ∆ Cost FX 9M 2025 175 5 430 EBI
Slide 10: Focus on Cash Flow Management
Focus on Cash Flow Management 9M’25 vs 9M’24: Maintaining Positive Cash Flow while Increasing Procurement to Capture Growth Momentum Operating Cash Flow Free Cash Flow • Improvement in operating inflow • Maintained positive free cash flow ‒ Better collections and business earnings • Continued priori
Slide 11: Thank You
THANK YOU
Slide 12: Regional Highlights
Regional Highlights Q3 $ CER 9M $ CER Q3 $ CER 9M $ CER North America 4% 4% 15% 16% EAME 8% 3% -1% -2% C&P Solutions: • Volumes and sales increased in both Q3 and 9M, though significant Q1 declines in • Increased volumes and flat prices for both Q3 and 9M Turkey impacted the year-to-date results US
Slide 13: Regional Sales Performance Q3 2025 vs. Q3 2024
Regional Sales Performance Q3 2025 vs. Q3 2024 % Sales growth by region Total sales & absolute change in sales ($m) 3% Europe, Africa & Middle East 17 233 4% North America 6 164 8% Latin America 25 312 (15%) Of which: China Of which: Asia Pacific (44) 225 -16% CER; -17% USD China -$18m (0%) Total 4
Slide 14: Q3 2025 Sales
Q3 2025 Sales Sales bridge analysis 10 -12 7 933 930 1% 1% 0% Q3 2024 ∆ Volumes ∆ Prices FX Q3 2025 ▪ Higher volume mainly due to the gradual recovery of market demands and improvement of channel inventories in most regions; ▪ Weak prices due to low prices of active ingredients and commodities Notes
Slide 15: Q3 2025 Gross Profit & EBITDA
Q3 2025 Gross Profit & EBITDA Gross Profit bridge analysis 34 8 257 225 3 Improvement in Gross Profit and Gross Margin -12 The gross profit was impacted by the contribution of 24.2% 27.6% 14% lower costs, higher volumes, and lower prices Q3 2024 ∆ Volumes ∆ Prices ∆ Cost FX Q3 2025 15 3 120 EBITDA b
Slide 16: Adjusted vs. Reported Financial Results
Adjusted vs. Reported Financial Results $ million Q3 2025 Q3 2024 %▲ Q3 2025 Q3 2024 %▲ 9M 2025 9M 2024 %▲ 9M 2025 9M 2024 %▲ Adjusted Adjusted Reported Reported Adjusted Adjusted Reported Reported Sales 933 929 0% 933 929 0% 3,025 3,028 0% 3,025 3,028 0% Gross Profit 257 225 14% 236 188 25% 878 782
Slide 17: Adjusted vs. Reported Financial Results
Adjusted vs. Reported Financial Results The financial results in this presentation are presented on an “Adjusted” basis, and differ to some extent from the “Reported” financials contained in the formal financial statements of the Company. ADAMA’s approach on the use of adjustments: • Adjusted result