Yara falls after Q2 earnings miss estimates

Yara International ASA

17/07/2026 08:27

** Shares in Yara YAR.OL fall 4.3% after the Norwegian fertiliser maker missed estimates for Q2 results
** It reports Q2 adj. EBITDA at $906 million against $1.13 billion expected by analysts in a company-provided poll
** J.P. Morgan says the key driver for the miss was weaker volumes, with crop nutrition deliveries down 17% y/y, driven by planned maintenance work and demand deferral across all regions
** The broker still sees downside to FY adj. EBITDA consensus, especially after the Q2 miss
** JPM says the recent re-escalation in the Middle East adds to the uncertainty on nitrogen fertilizer pricing outlook 
** Up to the previous session's close, shares were up 9.7%​ YTD  - LSEG Data
     

(Reporting by Margaux Perrin in Gdansk)
((Margaux.Perrin@thomsonreuters.com ))