The Globe and Mail reports in its Friday edition that Nutrien is expecting robust global potash demand to drive growth in 2026, providing its existing supply chains can manage the load.
The Globe's Kate Helmore writes that Nutrien delivered mixed results for its final 2025 quarter Wednesday.
Nutrien's earnings of 83 cents per share missed analysts' consensus of 87 cents, while revenue of $5.12-billion similarly fell short of expectations of $5.26-billion (all figures U.S.). Sales were lower than forecast because a wet fall season meant farmers did not seed and apply crop nutrients at expected rates.
However, 2025 was still a "defining year" for Nutrien, said chief executive officer Ken Seitz. Net earnings were $2.03-billion, 228 per cent higher than 2024 thanks to record fertilizer sales volumes, and higher retail earnings.
Nutrien is expecting a strong 2026 driven in large part by climbing potash demand, which it forecasts will rise to between 74 and 77 million tonnes. Prices for the fertilizer are also 20 per cent higher than they were 12 months ago, and inventories are low.
Solid fundamentals will continue to drive demand, Mr. Seitz said. On Wednesday Nutrien launched a quarterly dividend of 55 cents per share.
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