Norway's Yara Q4 EBITDA rises 37% on nitrogen margins

Yara International ASA

11/02/2026 07:10

Overview

Norway-based crop nutrition firm's Q4 EBITDA rose to $709 mln, driven by higher nitrogen margins

Company reported Q4 net income of $344 mln, reversing a loss from last year

Company achieved over $200 mln in fixed cost reductions since Q2 2024

Outlook

Yara targets 200 MUSD EBITDA improvement by end of 2027

Company expects final investment decision on ammonia projects by mid-2026

Yara prioritizes energy diversification to mitigate carbon costs

Result Drivers

NITROGEN MARGINS - Increased nitrogen margins contributed to higher Q4 EBITDA

COST REDUCTIONS - Delivered over $200 mln in fixed cost reductions since Q2 2024

ENERGY DIVERSIFICATION - Co is diversifying energy exposure and optimizing business to mitigate carbon costs

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Net Income
$344 mln
Q4 Adjusted EBITDA
$709 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy", 10 "hold" and 4 "sell" or "strong sell"

The average consensus recommendation for the agricultural chemicals peer group is "buy."

Wall Street's median 12-month price target for Yara International ASA is NOK430.00, about 7.8% below its February 10 closing price of NOK466.60

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nWkr14ZLts

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)