Norway fertilizer producer Yara's Q1 profit rises on higher margins amid Middle East war

Yara International ASA

24/04/2026 07:09

Overview

Norway fertilizer producer's Q1 adjusted EBITDA and net income rose yr/yr

Company benefited from increased nitrogen margins and strong deliveries

Supply shocks from Middle East conflict disrupted global fertilizer markets

Outlook

Yara says global fertilizer markets face significant supply shocks due to Middle East conflict

Company expects continued regional price and demand volatility in fertilizer markets

Yara says it will maintain high production levels and operational flexibility to ensure supply

Result Drivers

NITROGEN MARGINS - Co said increased nitrogen margins contributed to higher Q1 results

SUPPLY SHOCKS - Geopolitical events, including the war in the Middle East and blockage of the Strait of Hormuz, disrupted global fertilizer markets and led to higher prices

OPERATIONAL FLEXIBILITY - Yara said its global business model and ability to source ammonia globally enabled it to maintain high production and optimize operations during market volatility

Company press release: ID:nWkr7BtCfJ

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Net Income
$327 mln
Q1 Adjusted EBITDA
$896 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy", 13 "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 NOK530.00, about 1.1% below its April 23 closing price of NOK535.80

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 10 three months ago

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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.)