Yara International ASA reported fourth-quarter net income after non-controlling interests of negative NOK 333 million (NOK 1.22 per share), compared with a positive NOK 434 million (NOK 1.58 per share) a year earlier.
“Yara reports a weaker result than a year earlier, reflecting lower fertilizer prices as the global nitrogen price floor was tested during the quarter,” said President and CEO Svein Tore Holsether. “But our operational performance improved significantly, with fertilizer sales and production up 15 percent and 11 percent, respectively.”