CF Industries Holdings, Inc. Reports Nine Month 2019 Results
By: Corporate Communications
October 30, 2019
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CF Industries Holdings, Inc. (NYSE: CF), a leading global fertilizer and chemical company, today announced results for its third quarter and nine months ended September 30, 2019.
Highlights
- Nine month net earnings of $438 million(1), or $1.97 per diluted share; EBITDA(2) of $1,314 million; adjusted EBITDA(2) of $1,285 million
- Third quarter net earnings of $65 million(1), or $0.29 per diluted share; EBITDAof $341 million; adjusted EBITDA of $349 million
- Trailing 12-month net cash from operating activities of $1,457 million, free cash flow(3) of $830 million
- Cash and cash equivalents of $1,019 million on the balance sheet as of September 30, 2019
- Company to redeem $750 million in debt by end of year
- Repurchased approximately 1.5 million shares during the quarter