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Companies >
Norway >
Specialty Chemical >
YARA INTERNATIONAL >
Research >
FY15 results confirm the difficult price situation

  • 11 Feb 2016

FY15 results confirm the difficult price situation


YARA INTERNATIONAL | YAR | 0 0 0.0%


  • AlphaValue
    • Fabrice Farigoule

    • 2 pages

Specialty Chemical image


 
Specialty Chemical image


Yara reported FY15 results. Revenues reached NOK111,897m (+17.3%), EBITDA NOK21,361m (+30% and +14.3% excluding special items), operating income NOK14,104m(+368%) and net income NOK8,083m (+6%). Net debt at year-end 2015 reached NOK11,868m after the acquisition of the Pilbara minority interests. The dividend proposed will be NOK15 (vs NOK13). The group did not make a real outlook public, only stating that energy savings should amount to NOK900m and NOK1,050m in Q1 and Q2 16 respectively.


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