Yara End-June Net Debt/EBITDA Ratio Excluding Special Items At 1.87
July 19 (Reuters) -Yara International ASA YAR.OL:
AT THE END OF Q2 NET DEBT/EBITDA EXCLUDING SPECIAL ITEMS RATIO IS 1.87 AND THE NET DEBT/EQUITY RATIO IS 0.49
OUTLOOK: WITH FARMER INCENTIVES CLOSE TO AVERAGE LEVELS AND 10-YEAR CONSUMPTION GROWTH TRENDING AT 1.9% PER ANNUM, DEMAND FUNDAMENTALS ARE SUPPORTIVE FOR UPCOMING SEASONS
GAS COST FOR Q3 AND Q4 TO BE USD 15 MILLION HIGHER AND USD 70 MILLION LOWER THAN A YEAR EARLIER
FOR THE US AMMONIA PROJECTS CURRENTLY UNDER EVALUATION, FID IS TARGETED FOR SECOND HALF 2025
UREA MARKET HAS TIGHTENED DURING Q2, DUE TO ABSENCE OF CHINESE EXPORTS AND SUPPLY RESTRICTIONS IN EGYPT
TOTAL DELIVERIES IN Q2 WERE 4% HIGHER COMPARED WITH A WEAK SECOND QUARTER LAST YEAR, DRIVEN BY INCREASES IN EUROPE, ASIA, AND CLEAN AMMONIA
Source text for Eikon: ID:nGNE7hbLbd
Further company coverage: YAR.OL
(Gdansk Newsroom)
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