Yara falls after Q3 EBITDA miss, higher gas costs forecast
Today 10:17
BUZZ-Yara falls after Q3 EBITDA miss, higher gas costs forecast ** Shares in Yara YAR.OL fall about 3% after the Norwegian fertiliser maker reported a Q3 adjusted EBITDA miss and said it expected gas costs to surge
** Q3 adjusted EBITDA came in at $675 million, below the $752 million seen in consensus
** Jefferies notes the 10% miss on EBITDA line and subsequent pressure on share price
** The group says it estimates its gas cost for Q4 2026 and Q1 2027 to be $450 million higher and $445 million higher than a year earlier
** The share price hit its lowest level since the beginning of the year
(Reporting by Jagoda Darlak)
((Jagoda.Darlak@thomsonreuters.com; +48 58 769 65 40;))