FAQs

ADAMA offers a wide range of crop protection solutions – herbicides, insecticides, fungicides, plant growth regulators and seed treatments – that improve the quality and quantity of crop yields by providing protection from weeds, insects and disease.

The Company uses its expertise to develop and adapt similar products for use in non-crop areas (Consumer and Professional Solutions) to protect against weeds, disease and pests in roadworks, forests, lawns, parks, institutions, the wood and paint industry, facilities and private residential gardens.

In addition to crop protection, ADAMA is also active in Ingredients and Intermediates. These operations include 1) dietary supplements, food color, texture and flavor enhancement ingredients, and food fortification ingredients; (2) fragrance products; and (3) industrial products.

ADAMA has a more than 70-year heritage, having started from two Israeli crop protection companies, Agan Chemical Manufacturers Ltd. and Makhteshim Chemical Works, that were established in 1945 and 1952, respectively. After decades of intensifying mutual cooperation, Makhteshim and Agan merged in 1997 to form Makhteshim Agan Ltd.

In 2011, Makhteshim Agan became part of the ChemChina Group and in 2014, the Company changed its name to Adama Agricultural Solutions Ltd., introducing its new, unified global brand “Adama”.

In 2017, Adama Agricultural Solutions combined with Hubei Sanonda Co. Ltd., which was subsequently renamed ADAMA Ltd. in 2018.

Following the combination between Adama Solutions and Sanonda, the combined company was renamed ADAMA.

ADAMA’s global management team was formed from the former Adama Solutions management team, which was joined by colleagues from China engaged with the combined China operation.

The central functions of ADAMA continue to be run from Israel, including global R&D, registration and operations.

ADAMA’s global corporate headquarters is in Airport City, Israel (outside Tel Aviv)
ADAMA’s China headquarters is in Beijing, China.

More than 7,000

• Sales of crop protection products are directly influenced by the agricultural seasons, weather and crop cycles in each of the various markets.
• Therefore, the Company’s revenues and income are not evenly spread over the quarters of the year:
• The agricultural seasons in the northern hemisphere (mainly the United States and Europe) take place in the first two quarters of the year and, accordingly, in these countries, the sales are usually highest in the first half of the year.
• In the southern hemisphere (mainly Brazil and the rest of Latin America), most of the local sales are made in the second half of the year, except for Australia where most of the sales are made in April through July.
• Therefore, investors are encouraged to compare the Company’s periodic performance with the parallel period in the prior year, rather than with the immediately previous period
• In addition, as a planting season may be advanced or delayed between the financial quarters due to the impact of weather events, investors are encouraged to analyze the Company’s performance over a longer period of time, to at least obtain a more complete picture over a full agricultural season.

ADAMA’s fiscal year runs from January to December

ADAMA Ltd. prepares its financial statements in accordance with the People’s Republic of China Generally Accepted Accounting Principles (PRC GAAP)

ADAMA Ltd. is listed on the Shenzhen Stock Exchange with two classes of shares:

• A Shares (stock code: 000553) traded in Chinese Yuan (Renminbi);
• B Shares (stock code: 200553) traded in Hong Kong Dollars.

Adama Agricultural Solutions Ltd. has debentures which are traded on the Tel Aviv Stock Exchange.

ADAMA’s Investor Relations website

Shenzhen Stock Exchange website