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Yara - reports strong production performance but lower commodity fertilizer margins - 10.2017

Yara International ASA, Oslo: Yara International ASA delivered weaker third-quarter results 2017 compared with a year earlier. Net income after non-controlling interests was NOK 709 million (NOK 2.60 per share), compared with NOK 821 million (NOK 3.00 per share) a year earlier. Excluding net foreign exchange gain and special items, the result was NOK 3.21 per share compared with NOK 3.43 per share in third quarter 2016. Third-quarter EBITDA excluding special items was NOK 2,728 million, down 8% compared with a year earlier as higher energy costs and a weaker US dollar more than offset the impact of higher deliveries. "Yara reports a strong production performance for the quarter, with several production records and the Yara Improvement Program delivering ahead of schedule," said Svein Tore Holsether, President and Chief Executive Officer of Yara.  ... read more - lmv-jobboerse - lmv-presse - Manfred Lorenzen, Soest
Yara International ASA