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Yara Reports Q3 Core Earnings Below Market Expectations

Yara said third-quarter adjusted core earnings were below market expectations, citing a slow start to the season in nitrogen markets.

YAR

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06:23:19 AM UTC
SquawkNews
Norwegian fertiliser maker Yara OSL:YAR said on Thursday it expected gas costs to surge between October and March, after high prices of the key raw material caused its adjusted core profit to miss market expectations in the third quarter.The company expects natural gas costs to be $450 million high…

Norwegian fertiliser producer Yara (OSL:YAR) said Thursday that third-quarter adjusted core earnings fell short of market expectations, citing a slow start to the nitrogen-market season.