Yara reported +5% higher sales to USD2,838m, but the ‘gross profit’ margin declined from 26.4% to 25.8%, due to higher energy costs. EBITDA (-4% to USD366m) benefited from higher D/A as EBIT dropped. Net profit attributable to shareholders dropped 42% to €113m. By contrast, operating CF doubled (€234m after €114m), driven by higher D/A (€210m after €170m) and significant lower tax payments as NWC outflows (€-164m after €-138m) dampened the perfor
20 Apr 2018
No good into 2018
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No good into 2018
Yara International ASA (IU2:FRA) | 0 0 0.0%
- Published:
20 Apr 2018 -
Author:
Fabrice Farigoule -
Pages:
2
Yara reported +5% higher sales to USD2,838m, but the ‘gross profit’ margin declined from 26.4% to 25.8%, due to higher energy costs. EBITDA (-4% to USD366m) benefited from higher D/A as EBIT dropped. Net profit attributable to shareholders dropped 42% to €113m. By contrast, operating CF doubled (€234m after €114m), driven by higher D/A (€210m after €170m) and significant lower tax payments as NWC outflows (€-164m after €-138m) dampened the perfor