Brussels — The Tessenderlo Group’s Agro segment led the way for the company in 2015, posting a 39.7 percent increase in REBITDA and a 23.2 percent uptick in revenues. Agro REBITDA was €138.9 million on revenues of €645.6 million, up from 2014’s €99.3 million and €524 million, respectively. The company told analysts that with the strong dollar and good margins on potassium sulfate, it was able to considerably increase the unit’s cash flow. Agro includes Phoenix-based Tessenderlo Kerley Inc. Tessenderlo-wide REBITDA was up 33.1 percent to €180.4 million on revenues of €1.59 billion, an increase from €135.6 million and €1.43 million. Fourth-quarter REBITDA was €38.4 million on revenues of €374.4 million, up from €19 million and €319.8 million, respectively.
Transparency Across the Fertilizer Value-Chain