It’s been a quarter to remember for recently-listed Fertiglobe (Egypt’s OCI 50%, Adnoc 36.2%, listed 13.8%), which boasts of net profits jumping by 270% year-on-year for Q2 to $438mn. Revenues were up by 105% to $1.47bn over the same period., while Ebitda was up 155% to $770mn (see chart). The fertilizer firm is cashing in on the fallout from the Ukraine conflict which has greatly tightened global markets.