Picture of Yara International ASA logo

YAR — Yara International ASA News Story

0.000.00%
no flag iconLast trade - 00:00
Basic MaterialsBalancedLarge CapContrarian

Yara rises after Q1 profit beat on higher volumes and improved margins

** Norwegian fertilizer producer Yara's YAR.OL shares rise 4.3% after Q1 EBITDA beat, driven by higher volumes and improved margins

** The company says results were also supported by ongoing cost cuts and portfolio optimization, positioning it for continued growth amid a tightening nitrogen market

** "We are pleased with reporting an improved first quarter result, as a solid commercial and production performance has led to higher deliveries and improved margins," CEO Svein Tore Holsether said

** Jefferies highlighted Yara's strong EBITDA beat, driven by volume growth, price realisation and cost control

** If gains hold, shares will be on track for a best day since September 2024

(Reporting by Jesus Calero)

((jesus.calero@thomsonreuters.com))

Recent news on Yara International ASA

See all news