IHS Chemical Week

Yara posts lower results

11:23 AM MST | February 12, 2014

Yara International (Oslo) today announced lower fourth-quarter results, with weak commodity margins but robust value-added premiums and strong fertilizer deliveries. "Yara's fourth-quarter results reflect weaker commodity fertilizer markets," says Jørgen Ole Haslestad, president and CEO. Fourth-quarter net income after noncontrolling interests reached 59 million Norwegian kroner ($9.6 million) compared with NK2.15 billion a year earlier. Excluding net foreign exchange loss and special items, the result was NK2.64/share compared with NK7.21/share in...

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