Yara released its H1 16 results. Sales were down 8.6% to NOK50,919m, EBITDA up 5.7% to NOK10,544m (and down 16.6% excluding special items, mainly the gain on the disposal of the CO2 business), operating income down 8.4% to NOK6,915m and net up 61% to NOK5,972m. Net debt amounted to NOK9,698m at the end of H1 vs NOK11,868m at year-end 2015 and NOK8,465m in Q1.
21 Jul 2016
Prices still weighing: our valuation has to go down
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Prices still weighing: our valuation has to go down
Yara International ASA (IU2:FRA) | 0 0 0.0%
- Published:
21 Jul 2016 -
Author:
Fabrice Farigoule -
Pages:
3
Yara released its H1 16 results. Sales were down 8.6% to NOK50,919m, EBITDA up 5.7% to NOK10,544m (and down 16.6% excluding special items, mainly the gain on the disposal of the CO2 business), operating income down 8.4% to NOK6,915m and net up 61% to NOK5,972m. Net debt amounted to NOK9,698m at the end of H1 vs NOK11,868m at year-end 2015 and NOK8,465m in Q1.