Yara turns profitable, raises dividend

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Yara turns profitable, raises dividend
Photo: Håkon Mosvold Larsen NTB/TT

TEXT: Norwegian fertilizer manufacturer Yara reported an operating profit of $443 million for the fourth quarter of last year. This compares to a loss of $3 million in the fourth quarter of 2024.

Revenue during the quarter rose to $4.0 billion, up from $3.4 billion.

The result was strengthened by price increases for fertilizer and reduced costs, as well as increased delivery volumes.

Yara's board of directors proposes a dividend of 22 Norwegian kroner per share, up from 5 Norwegian kroner per share last year.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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