Yara reports improved results reflecting higher margins
Oslo, 8 February 2018: Yara today meets with investors and analysts for its Capital Markets Day presentation.
"We will present Yara's industry backdrop and strategy, focusing on our improvement and growth programs. We will also present financial scenarios", says Svein Tore Holsether, President and Chief Executive Officer of Yara.
Yara scenarios are not a prediction of future results, but are "what if" examples based on selected fertilizer and energy price scenarios and Yara's current business.
A run rate scenario reflecting current market prices translates into an estimated Earnings Per Share (EPS) of USD 2.7. A scenario using average 2015 prices translates into an estimated Earnings Per Share (EPS) of USD 4.4. Adding Yara's committed growth and improvement pipeline adds an additional estimated USD 1.4 per share by 2020.
"We remain focused on strengthening our own operations, by delivering the improvement and growth programs, and by growing knowledge through technology and innovation", says Svein Tore Holsether, President and Chief Executive Officer of Yara.
The webcast of Yara's Capital Markets Day will start 8 February 2018 at 08:00 CET:
Link to report and presentation:
Thor Giæver, Investor Relations
Office: (+47) 24 15 72 95
Cellular: (+47) 48 07 53 56
Kristin Nordal, Head of External Communications
Mobile: (+47) 90 01 55 50
Yara's knowledge, products and solutions grow farmers', distributors' and industrial customers' businesses profitably and responsibly, while protecting the earth's resources, food and environment.
Our fertilizers, crop nutrition programs and technologies increase yields, improve product quality and reduce the environmental impact of agricultural practices. Our industrial and environmental solutions improve air quality by reducing emissions from industry and transportation, and serve as key ingredients in the production of a wide range of goods. We foster a culture that promotes the safety of our employees, contractors and societies.
Founded in 1905 to solve emerging famine in Europe, today Yara has a worldwide presence, with more than 15,000 employees and sales to about 160 countries.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.