{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAgN697doKDA","lastupdate":"2023-01-23T00:00:00.000Z","update_date":"2023-01-23T00:00:00.000Z","lastModified":"Sep 11, 2024","active":1,"confidence_score":100,"confidence_score_reason":"funding rounds, markets","urlname":"adama-agricultural-solutions","minimal_profile":null,"status":"Acquired","fullstatus":"Acquired by ChemChina on Oct, 2011","acquired":1,"hide_reason":null,"hide_reason_data":null,"hide_reasons":[{"id":"8257rxn4P8EFQOmS5hAAauHyYMhhxrA5u6yWX4XUShpybX3AMNo3Y9","reason":"Pending approval - External entity"},{"id":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","reason":"The company is a service provider"},{"id":"ddgjKuc3GgH8E5UehSVJviRl471BCajL1plO8HtGoOojy2NivYqQ7x","reason":"Owner asked to delete"},{"id":"EjOKM211H1ira9J63oaGPuUxvr7Oba55TZo3NWsFO5uhbNu7o4x4zD","reason":"The company is not Israeli"},{"id":"J7fQJtnT3GdWWSE3MD8rzaW65LJ4jEIKxSZnneQiReONdZjG3zIqWe","reason":"Owner asked to hide in the meantime"},{"id":"NxlAC3ReFb5ksiYNLp2FnUyluoJzwRCYfcF7xpTZaPM53SdWQ5kv0B","reason":"Pending approval"},{"id":"RhC1tlwXzioK0MfzBII3H2wepEfQOfKVktmdwqeqTJjGi3ZaBWUqZo","reason":"The company is not innovative"},{"id":"S0Ed46vNI6vZYVxLedANWGjas23K6hY0QdsCtiGYL7lshqIEdLV3sA","reason":"The company ceased operations in Israel"},{"id":"VTANq7bEvlsEcPjp0ghelXfShaCosgndONGjgU730aAOxXtaDIF5j3","reason":"This is a product of an existing company"}],"type":"Startup","logokey":"$UY51n2evdrdpeBSWELwR1sTxJCcAG5PE8ugu1VUcQKWALJgHM6hMxn","name":"ADAMA Agricultural Solutions","oneliner":"Crop-protection Solutions","registrar":"520043605","website":"https://www.adama.com/en","careerspage":"https://www.adama.com/en/careers","founded_month":1,"founded_year":1945,"formernames":["Makhteshim-Agan"],"sociallinks":{"twitter":"https://twitter.com/adamaagri","youtube":"https://www.youtube.com/channel/UCF9H6bSlWkWmXkljb3gYMxg","facebook":"https://www.facebook.com/adamaagri","linkedin":"https://www.linkedin.com/company/5092316","instagram":""},"social":["https://www.facebook.com/adamaagri","https://twitter.com/adamaagri","https://www.linkedin.com/company/5092316","https://www.youtube.com/channel/UCF9H6bSlWkWmXkljb3gYMxg"],"flattenedsociallinks":"https://www.facebook.com/adamaagri|https://twitter.com/adamaagri|https://www.linkedin.com/company/5092316|https://www.youtube.com/channel/UCF9H6bSlWkWmXkljb3gYMxg","apps":{"appstore":"","googleplay":""},"is_claimed_by_owner":1,"employees":"500+","employees_exact":2312,"patent":0,"raised":238970000,"stage":"Public","public_stage":"Public","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4Jvz2KAJDA","primary_sector":"Agriculture & Food Technologies","alternativenames":["ADAMA"],"about":"ADAMA is a global crop-protection company that strives to create simplicity in agriculture by offering farmers products and services designed to simplify their work and help them grow. With a comprehensive and diversified portfolio, ADAMA's team reaches farmers in more than 100 countries across the globe, providing them with solutions to control weeds, insects, and disease in order to improve their yields.","climatetech_description":null,"is_climatetech_relevant":null,"phone":"+972732321000","country":null,"address":{"israeli":[{"id":"98904ee4-4966-4b51-bd0d-691b05d83d96","city":null,"type":null,"address":"Hevel Modi'in Regional Council, Israel","placeid":null,"notactive":0,"openeddate":null,"registrarid":null,"firstrdcenter":0,"registrarname":null}],"officesabroad":[{"id":"534602a3-a86b-421f-869e-638f1a271089","city":null,"address":"Chaoyang District, Beijing, China","country":"China","placeid":null}]},"headquarter_address":null,"district":null,"news":[{"id":"JkYrMHxBknK9OdMeg909PuNdLL7YUilykSV1vfXs07joRGDH5Ew46J","date":"Jul 16, 2024","link":"https://www.prnewswire.com/news-releases/adama-announces-gael-hili-as-president-and-ceo-replacing-steve-hawkins-302199171.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"Management Changes","company":"ADAMA Ltd.","layoffs":null,"summary":"ADAMA Ltd. has announced the appointment of Gaël Hili as its new President and CEO, effective October 1, 2024. Hili will replace Steve Hawkins, who will become President of Syngenta Crop Protection. Hili brings extensive experience in the agriculture industry and aims to accelerate ADAMAs transformation plan, which focuses on improving financial health and operational excellence. The plan includes changes in senior leadership, an evolved operating model, and a focus on high-margin products and strategic crop segments. The goal is to meet profit and cash targets over the next three years, enhancing value for all stakeholders.","partners":[],"customers":[],"investors":[],"confidence":10,"key_topics":["Leadership","Transformation","Financial Health","Operational Excellence","Market Focus"],"date_of_event":"October 1, 2024","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Management Changes"],"acquisition_amount":null,"structuredIssuesShow":"#Management Changes","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"Oi5MiamhowqcKvmhOGJLSrqKHh5ti3lx8qoui83sPazwqBPcjMBxOy","news_summary":"ADAMA Announces Gaël Hili as President and CEO Replacing Steve Hawkins","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"6QekIrNONDkBfTjrf2NvvGW6n4Tq2sVUew4anZI5BoDtUv6dmuhBNp","date":"Apr 24, 2024","link":"https://www.prnewswire.com/il/news-releases/adama-reports-first-quarter-2024-results-302127627.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":["financial-results","transformation-plan"],"company":"ADAMA Ltd.","layoffs":null,"summary":"ADAMA Ltd. reported its financial results for Q1 2024, showing a 16% decline in sales to $1,057 million. Despite the sales drop, the company improved its gross margin to 27.2% and significantly enhanced its cash flow. ADAMA is implementing a three-year transformation plan aimed at improving business quality and repositioning itself in the market. The company faced challenges such as lower market prices, high competition, and unfavorable weather conditions. The ongoing war situation in Israel and shipping obstructions also impacted operations. Despite these challenges, ADAMA launched and registered several new products in various markets.","partners":[],"customers":[],"investors":[],"confidence":9,"key_topics":["sales-decline","gross-margin","cash-flow","transformation-plan","market-conditions"],"date_of_event":"2024-03-31","valuation_amount":null,"impact_on_company":"growth-negative","investment_amount":null,"structured_issues":["Customers"],"acquisition_amount":null,"structuredIssuesShow":"#Customers","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"growth-negative","analysisId":"KI8xRABMhKzkNdT8Ds1ImohxQVDdM5Nqqd5cjVef8i2C8xxVekB762","news_summary":"ADAMA Reports First Quarter 2024 Results","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"zs7Dx3fUQMtGezRNc3XRSRFPzOCz1XKba9WgyQvrVOc4pw3eWhUCzD","date":"Mar 26, 2024","link":"https://www.prnewswire.com/news-releases/adama-appoints-two-new-management-members-florian-wagner-to-evp-portfolio-and-innovation-ruthie-zeltzer-to-evp-people-302100984.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"Management Changes","company":"ADAMA Ltd.","layoffs":null,"summary":"ADAMA Ltd., a global crop protection company, announced the appointment of Florian Wagner as Executive Vice President (EVP) Portfolio and Innovation, and Ruthie Zeltzer as EVP People. Florian Wagner, with a background in product development and marketing from Syngenta, will manage ADAMAs portfolio lifecycle and innovation processes. Ruthie Zeltzer, with extensive experience in HR from Merck Pharmaceuticals, will focus on enhancing ADAMAs organizational culture. These appointments aim to drive growth and value for customers and strengthen the companys internal culture. The new EVP Portfolio and Innovation role replaces two previous roles, indicating a strategic shift in the companys management structure.","partners":null,"customers":null,"investors":[],"confidence":10,"key_topics":["appointments","innovation","portfolio","leadership","culture"],"date_of_event":"2023-10-04","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Management Changes"],"acquisition_amount":null,"structuredIssuesShow":"#Management Changes","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"qicqlJg6Wc1SqCjbJ9lhbyF9rDBIsYShPNOaqgtScQWUF9fiY9XbGk","news_summary":"ADAMA Appoints Two New Management Members: Florian Wagner to EVP Portfolio and Innovation; Ruthie Zeltzer to EVP People","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"NHqEUGJPv3A3C7Bc8yjVVBdW97ofpqp1u42xKRF7KGYcoCfz3grjji","date":"Aug 9, 2023","link":"https://www.prnewswire.com/news-releases/adama-receives-registration-for-actavan-its-first-global-bio-fungicide-in-peru-301897731.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"bio-fungicide","company":"ADAMA Ltd.","layoffs":"","summary":"ADAMA Ltd., a leading crop protection company, announced the registration of its global bio-control product, ACTAVAN®, in Peru. Developed in collaboration with New Zealands Waikaitu Ltd., ACTAVAN® is a bio-fungicide that uses plant extracts to prevent fruit rots and improve the quality of crops such as grapes and berries. The product is compatible with organic farming and integrated pest management practices. ADAMA plans to register ACTAVAN® in other Latin American countries and regions like Asia-Pacific and Europe. This innovation complements ADAMAs existing portfolio and supports sustainable agricultural practices.","partners":"Waikaitu Ltd.","customers":"farmers","investors":"","confidence":10,"key_topics":["bio-fungicide","sustainable farming","collaboration","crop protection","organic farming"],"date_of_event":"","valuation_amount":"","impact_on_company":"growth-positive","investment_amount":"","structured_issues":["Partners","Customers"],"acquisition_amount":"","structuredIssuesShow":"#Partners  #Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"Ykn1zUR12bUBxaG5yE9isd7qnrjJrIzSjgSFdUyTRkjojhCsSyC9GQ","news_summary":"ADAMA Receives Registration for ACTAVAN®, its First Global Bio-Fungicide, in Peru","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"JoBoilwvpXXvKrSoCY38nPxBvFCxjkGX8URD12UZWLrHVYhD6ICDYI","date":"Apr 29, 2022","link":"https://www.ice.co.il/consumerism/news/article/853891","source":"www.ice.co.il","visible":1,"analysis":{"tags":"agriculture, sales growth","company":"אדמה","layoffs":null,"summary":"Israeli agriculture company, Adama, has reported strong sales growth in the first quarter of 2022. Sales increased by approximately 28% to a record quarterly high of $1.42 billion, driven by an 18% price increase and a 14% quantity growth. The company also saw a reduction in operational expenses. Adama attributes the rise in global commodity prices, particularly due to the conflict in Europe and the ongoing drought in parts of South America, as the reason for increased demand for crop protection products. The company aims to maximize crop yields in a high-price environment. Adamas president and CEO, Ignacio Dominguez, expressed satisfaction with the results and highlighted the importance of crop protection in ensuring global food security.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["agriculture","sales growth","price increase","crop protection","global commodity prices"],"date_of_event":"Q1 2022","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers"],"acquisition_amount":null,"structuredIssuesShow":"#Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"qWMXlm56WCukrrasHpa47lcjXqfEjm5yMEqAoGkv9UgzMs5PYjcGfe","news_summary":"הפתרון לעליית המחירים? זו חברת החקלאות הישראלית שנמצאת בצמיחה","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"333d07e0-f233-40b0-ac34-cb3cb32115e7","date":"May 31, 2021","link":"https://www.prnewswire.com/news-releases/adama-completes-acquisition-of-majority-stake-in-huifengs-crop-protection-manufacturing-facilities-301302305.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":["acquisition"],"company":"ADAMA Ltd.","layoffs":null,"summary":"ADAMA Ltd. has completed the acquisition of a 51% stake in Huifengs key crop protection synthesis and formulation facilities. The total cash consideration for the transaction is approximately RMB 1,224 million ($192 million). With this acquisition, ADAMA now owns a majority stake in one of Chinas leading crop protection manufacturers, enhancing its commercial presence in the China market and driving global growth. ADAMA gains access to competitive positions in key global molecules and expects significant growth through its worldwide market reach. The completion of the acquisition positions ADAMA to achieve its growth ambitions in China and globally.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["acquisition","crop protection","China","global growth","stake"],"date_of_event":"May 31, 2021","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Acquisition"],"acquisition_amount":"$192 million","structuredIssuesShow":"#Acquisition","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"VQzQbOHgezHj0tQ0Vl02lAyyi71sbcAHEvQU2GAI32H4AaiL6mzmz8","news_summary":"ADAMA completes acquisition of majority stake in Huifeng's crop protection manufacturing facilities","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"PPygjlWdxEwJ4wowX1riEKutn3GZdYwquwhi7Dwj9ZJTyRYR3XUWoN","date":"Apr 29, 2021","link":"https://www.globes.co.il/news/article.aspx?did=1001369270","source":"www.globes.co.il","visible":1,"analysis":{"tags":"Financial Results, Growth","company":"אדמה","layoffs":"N/A","summary":"Adama, a Chinese company specializing in the development of pesticides for agricultural and other uses, reported strong business growth in Q1 2021. The companys sales grew by 14% in the first quarter to a record $1.11 billion, thanks to a robust quantitative growth of 15%. The company attributes this growth to the rise in commodity prices worldwide, strong global demand due to concerns about nutritional security following the COVID-19 pandemic, recovery in demand for biofuels, and increased demand for livestock food, especially in China.","partners":"N/A","customers":"N/A","investors":"N/A","confidence":9,"key_topics":["Financial Results","Growth","Agriculture","Global Demand","Transportation Costs"],"date_of_event":"N/A","valuation_amount":"20 billion yuan (3.08 billion dollars)","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":"Customers","acquisition_amount":"N/A","structuredIssuesShow":"#Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"8ehbeg2VbO8IDPpLTLdCX91u85YLGU4UFxcmlP9At6rRwZ99nCo4Dh","news_summary":"אדמה: צמיחה של 14% במכירות ברבעון לשיא של 1.1 מיליארד דולר","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"c7e8ee68-e756-4eb7-9fcd-bfb8a669b466","date":"Jan 5, 2020","link":"https://www.prnewswire.com/news-releases/adama-becoming-a-distinctive-member-of-newly-formed-industry-leader-syngenta-group-300981265.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"consolidation, agriculture","company":"ChemChina and Sinochem","layoffs":null,"summary":"ChemChina and Sinochem are consolidating their agricultural businesses into a new holding company called the Syngenta Group Co. The Group aims to become the worlds leading agriculture inputs company. The consolidation will strengthen the alignment between the companies and capitalize on value creation and synergy opportunities. ADAMA, Syngenta, and Sinochems agriculture-related activities will be part of the newly-formed Group. Chen Lichtenstein, the President and CEO of ADAMA, will become the CFO of Syngenta Group. Ignacio Dominguez is intended to be appointed as the President and CEO of ADAMA. The appointments are expected to take effect in the first quarter of the year.","partners":"Syngenta","customers":null,"investors":null,"confidence":9,"key_topics":["consolidation","agricultural businesses","Syngenta Group","alignment","leadership changes"],"date_of_event":"January 5, 2020","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners","Management Changes"],"acquisition_amount":null,"structuredIssuesShow":"#Partners  #Management Changes","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"80OTm9IyLZEeelXSAnlbEu2n7Oln8D9OZlpHBd85ycdE86rC9Zd07d","news_summary":"ADAMA Becoming a Distinctive Member of Newly-formed Industry Leader Syngenta Group","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"c0759719-8a8a-4307-8803-0aca49b32139","date":"Mar 25, 2019","link":"https://www.prnewswire.com/news-releases/adama-partners-with-tactical-robotics-elevating-farming-to-new-heights-300817553.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"partnership","company":"ADAMA Ltd.","layoffs":null,"summary":"ADAMA Ltd. has partnered with Tactical Robotics Ltd. for a joint feasibility study on a High-Payload, Unmanned Aerial Vehicle (UAV) for Aerial Spraying. The partnership aims to develop the Ag-Cormorant, an innovative solution for aerial spraying. The Ag-Cormorants unmanned operation and unique design promote safety in aerial spraying and offer improved capabilities. ADAMA sees the potential of leveraging its crop protection portfolio with Tactical Robotics capabilities to provide valuable services and products for farmers. Tactical Robotics is impressed by ADAMAs forward thinking and innovative spirit. ADAMA Ltd. is a leading global crop protection company, while Tactical Robotics Ltd. is an Israeli aerospace company.","partners":["Tactical Robotics Ltd."],"customers":null,"investors":null,"confidence":9,"key_topics":["Aerial Spraying","Unmanned Aerial Vehicle","Feasibility Study","Ag-Cormorant","Crop Protection"],"date_of_event":"March 25, 2019","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"Ds1zzX7dVD5pW92abHWOO8ngtjiwHqPi4sV2k1Q3idPFbxNGkDwrzs","news_summary":"ADAMA Partners With Tactical Robotics: Elevating Farming to New Heights","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"f2eb62c2-19be-4166-a3c8-0890450dd7cc","date":"Jan 10, 2019","link":"https://www.prnewswire.com/news-releases/adama-signs-mou-to-acquire-huifengs-crop-protection-300776207.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"potential acquisition","company":"ADAMA Ltd.","layoffs":null,"summary":"ADAMA Ltd. has entered into a non-binding memorandum of understanding with Jiangsu Huifeng Bio Agriculture Co., Ltd for the potential acquisition of key parts of its crop protection business. This potential acquisition will enhance ADAMAs business globally and in China, providing access to competitive positions in key molecules and a wider product portfolio. Huifeng, a former supplier to ADAMA, had halted production due to an investigation by environmental regulators but has since invested resources to rectify environmental matters. The potential transaction is subject to the resolution of environmental issues and the completion of due diligence and regulatory approvals.","partners":["Jiangsu Huifeng Bio Agriculture Co., Ltd"],"customers":null,"investors":null,"confidence":8,"key_topics":["potential acquisition","crop protection business","global growth","China market","environmental matters"],"date_of_event":"January 10, 2019","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Acquisition"],"acquisition_amount":null,"structuredIssuesShow":"#Acquisition","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"LmCx8s6wmfh7vgFQoCbvWHzfxNOKbL5xG7t5oJAxaD3dIhXVynoCSC","news_summary":"ADAMA Signs MOU to Acquire Huifeng's Crop Protection","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"632abeb6-738c-46c3-a3b7-be9968c8db9e","date":"Jan 9, 2019","link":"https://www.prnewswire.com/news-releases/adama-rings-bell-at-szse-to-celebrate-its-unified-name-achieving-final-combination-milestone-300775837.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"stock exchange","company":"ADAMA Ltd.","layoffs":null,"summary":"ADAMA Ltd., a leading global crop protection company, announced that its shares will begin trading under the name ADAMA on the Shenzhen Stock Exchange. The change of the companys name from Hubei Sanonda Co., Ltd. to ADAMA Ltd. was approved by shareholders and formally reflected in the companys business license. The companys A-share and B-share stock codes will remain the same. ADAMAs President and CEO, Chen Lichtenstein, will participate in a bell-ringing ceremony at the Shenzhen Stock Exchange to commemorate the occasion. ADAMA aims to simplify agriculture by providing farmers with effective products and services to control weeds, insects, and disease.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["stock exchange","company name change","market open","ceremonial bell","global capital markets"],"date_of_event":"January 10, 2019","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Public Trading"],"acquisition_amount":null,"structuredIssuesShow":"#Public Trading","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"DTzEHyl6UM0YckTRqkKLK39bUkHHitfLdoefZKbtjwHxNWTgHAUtjE","news_summary":"ADAMA Rings Bell at SZSE to Celebrate Its Unified Name, Achieving Final Combination Milestone","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"f5d6c0b1-d470-4c49-b2ba-fa0650492c30","date":"May 28, 2018","link":"https://www.prnewswire.com/news-releases/another-strong-start-of-year-for-adama-300464917.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"Financial Results, Sales, Profit","company":"ADAMA Agricultural Solutions","layoffs":"N/A","summary":"ADAMA Agricultural Solutions reported a strong first quarter for 2017, with sales of $843 million, a gross profit increase of 5.2% to $311 million, and a record high net income of $114 million, up 13.3%. The company also reported a reduction in inventory of $74 million and a decrease in net debt of $248 million compared to Q1 of the previous year. The company is awaiting final CSRC consent for its combination with Sanonda.","partners":"Sanonda","customers":"N/A","investors":"N/A","confidence":9,"key_topics":["Sales","Profit","Partnership","Debt Reduction","Inventory Reduction"],"date_of_event":"May 28, 2017","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":["Customers","Partners"],"acquisition_amount":"N/A","structuredIssuesShow":"#Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"2AWiriCJawesdwKNJGfa2COgoGXt8GonAr3h9vksDtsRBKqSWoajv1","news_summary":"Another Strong Start of Year for ADAMA","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"8eb696cb-5b47-4f2e-acda-32fd02692115","date":"Mar 28, 2018","link":"https://www.prnewswire.com/news-releases/adama-reports-best-ever-results-for-combined-company-300620855.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"Financial Performance, Investment","company":"Adama Agricultural Solutions Ltd.","layoffs":"N/A","summary":"Adama Agricultural Solutions Ltd. reported a 13.0% increase in Q4 sales to $821 million, driven by an 11.3% volume growth. Full year sales were up 5.8% to $3,523 million, driven by 8.0% growth in volume. The company also reported a gross profit increase of 20.2% to $265 million in Q4 and a full year gross profit increase of 14.8% to $1,237 million. 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