Accelerated Operational Efficiency
Nutrien has accelerated the timeline for achieving $200 million in annual operational efficiency and cost savings, expecting to achieve this target by 2025, one year earlier than initially planned.
Increased Potash Sales Volumes
Nutrien increased sales volumes by 1.3 million tonnes in the first 9 months of 2024, with potash production increased and a reduction in controllable cash cost of production to $52 per tonne.
Record Potash Volumes and Revised Guidance
Nutrien delivered record potash volumes through the first 9 months of 2024 and raised the annual sales volume guidance to 13.5 million to 13.9 million tonnes.
Strong Adjusted EBITDA Performance
Nutrien generated an adjusted EBITDA of $4.3 billion for the first 9 months of 2024, with Retail adjusted EBITDA increasing by 10% from the prior year.