Yara International ASA, citing lower fertilizer prices, saw a 97 percent drop in net income for the fourth quarter ending Dec. 31, 2013 to NOK 59 million on sales of NOK 20.6 billion versus the year-ago NOK 2,153 million and NOK 21 billion, respectively. Deliveries, however, were up.
Full year NOK was off 46 percent to NOK 5,748 million on sales of NOK 85 billion versus 2012’s NOK 10,552 million and NOK 84.5 billion, respectively.