Nutrien(US:NTR)2021-11-23 19:37Financial Performance and Capital Allocation - Nutrien's adjusted EBITDA is projected to be between $6.9 billion and $7.1 billion in 2021[12] - Nutrien returned $900 million to shareholders year-to-date through dividends and share buybacks[9] - The company plans approximately $2 billion in de-leveraging over the next 6 months[18] - Sustaining capital expenditures are estimated at $1.2 billion for 2021[18] Retail Segment - Retail adjusted EBITDA margin reached 10.8% in Q3 2021[20] - Adjusted average working capital to sales in Retail was 12% in Q3 2021[20] - Adjusted EBITDA per US selling location in Retail was $1362K in Q3 2021[20] - Proprietary products accounted for 26.8% of total margin in Retail in Q3 2021[20] - Digital platform sales in Retail reached $1.899 billion year-to-date[20] - Nutrien expects ~$50 million in synergies from the Ruralco acquisition by the end of 2021[23] - Nutrien has announced transactions in Brazil totaling >$300 million in the last 21 months[18] Potash and Nitrogen Segments - Nutrien increased Potash production by 1 million tonnes in 2021[9] - Nutrien's ammonia capacity is 7.1 million metric tonnes[57] Sustainability - Nutrien is targeting a 30% reduction in GHG emissions per tonne of product produced by 2030[10] - The Carbon Program covers ~200K acres in US and Canadian pilots[77]