From GlobeNewswire:

Yara’s fourth quarter EBITDA was reported at USD 586 million, a significant decrease from the USD 1,067 million reported a year ago. Net income for the quarter was also down to USD 246 million compared to USD 766 million in the fourth quarter of 2022. The company proposed an annual dividend of NOK 5 per share. Fertilizer affordability and application rates for wheat in Europe have seen improvements. Increased buying activity and higher prices indicate a potential volume catch-up into the main application season in the Northern hemisphere. Yara International ASA is strategically positioned to drive the global energy transition, climate crisis, and food security, focusing on operational resilience, flexibility, and growth opportunities in low-carbon ammonia. The company reported revenues of USD 15.5 billion in 2023. Yara operates with a strong global business model, boasting around 17,000 employees and operations in over 60 countries.



Read more: Yara reports increased deliveries and improved margin