ADAMA Ltd. provided earnings guidance for the second quarter and first half of 2020. For the second quarter, the company expects sales to increase by more than 12% in CER terms, driven by a strong, double-digit increase in volumes alongside higher prices and the Company is expecting to report a relatively moderate decline in Operating Profit and EBITDA, driven by the lower gross profit. Net income is expected to be somewhat below that reported in the same quarter last year, driven by the lower operating income, partially offset by reduced financial expenses. For the first half, the company expects net income attributable to shareholders to be between USD 23 million and USD 30 million and earnings per share to be between USD 0.0094 and USD 0.0123.