Forward-Looking Statements
Certain statements included in this news release constitute “forward-looking statements” under applicable securities laws, including without limitation, those referring to Nutrien’s 2021 annual and first-half guidance including our expectations regarding our adjusted net earnings per share and adjusted EBITDA guidance and our expectations regarding potash market conditions and production. These statements are based on certain expectations and assumptions made by Nutrien (all as more fully described in our quarterly and annual filings) and including expected business, regulatory and industry conditions, demand, supply, product availability, supplier agreements, logistics, operations, and availability and cost of labor. As actual results could vary materially from the forward-looking statements, you should not put undue reliance on them. The purpose of our adjusted net earnings per share and adjusted EBITDA guidance is to assist readers in understanding our expected and targeted financial results, and this information may not be appropriate for other purposes.
Such statements are also subject to various risks and uncertainties which could cause actual results and experience to differ materially from the anticipated results or expectations expressed in this news release which include, but are not limited to: market and general economic conditions; the supply and demand and price levels for our products; delays in production or mining processes; sufficient, cost-effective and timely transportation and storage of our product; and other risk factors detailed from time to time in Nutrien reports filed with the Canadian securities regulatory authorities and the United States Securities and Exchange Commission.
The forward-looking statements in this news release are made as of the date hereof and Nutrien disclaims any intention or obligation to update or revise any forward-looking statements resulting from new information or future events, except as may be required under applicable securities laws.
Non-IFRS Financial Measures
This news release references certain non-IFRS measures, including adjusted net earnings per share and adjusted EBITDA guidance, which management believes provide transparent and useful supplemental information to management and investors in evaluating Nutrien’s financial performance, financial condition and/or liquidity. Such measures are not calculated or presented in accordance with IFRS and, accordingly, should not be considered as a substitute for, or superior to, financial measures prepared in accordance with IFRS. Further, such non-IFRS measures may not be comparable to similar measures presented by other companies. Refer to the disclosure under the heading “Appendix B – Non-IFRS Financial Measures” included in news release dated May 3, 2021 announcing our first quarter results, as filed on SEDAR at www.sedar.com and EDGAR at www.sec.gov under our corporate profile, for a discussion of how such non-IFRS measures are calculated, their purpose and usefulness to users, including management.
FOR FURTHER INFORMATION:
Investor Relations
Richard Downey
Vice President, Investor Relations
(403) 225-7357
