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Yara reports strong second-quarter results, hikes NPK capacity in Finland

11:15 AM MDT | July 18, 2014 | Natasha Alperowicz

Yara International (Oslo) today reported strong second-quarter results, with improved European commodity margins because of lower gas price. Lower nitrate deliveries impacted results, but complex NPK fertilizer deliveries and value-added premium products remained strong, the company says. Second-quarter net income after noncontrolling interests was 2.29 billion Norwegian kroner ($368 million) compared with NK1.87 billion a year earlier. Excluding net foreign exchange gain and special items, the result was NK7.74/share compared with NK7.97/share in the...

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