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Yara International ASA - 2016 third quarter results - 10.2016

  agribusiness -jobs.de:
Yara International ASA, Oslo: Yara reports strong deliveries but lower margins. Yara International ASA delivered weaker third-quarter results compared with a year earlier. Underlying EBITDA was 35% lower, as weaker fertilizer prices were only partly offset by higher deliveries of Yara-produced products, lower energy cost and currency translation gains. - Weaker results due to lower ferlizer commodity prices. - Strong growth in premium product deliveries, especially in Brazil. - Strong Industrial result. "Yara reports a weaker result than a year earlier, reflecting supply-driven prices for fertilizer globally. But although production margins were significantly lower, our Crop Nutrition and Industrial earnings were broadly stable, demonstrating the strength and resilience of Yara's integrated business model," said Svein Tore Holsether, President and Chief Executive Officer of Yara. ... read more - lmv-jobboerse - lmv-presse - Manfred Lorenzen, Soest
Yara International ASA / Yara GmbH & Co. KG