Yara’s Q3 figures were again positively impacted by lower energy prices, whereas deliveries were down, especially in Europe and Brazil, and there were lower sales prices for some key products. Contrary to this, the higher-margin product mix gave an additional profitability push. The company announced a kind of moderate share buy-back for an expected total volume of NOK800m (c.USD87m). The Q3 figures confirmed our view on the company and broadly met consensus.
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Yara’s Q3 figures were again positively impacted by lower energy prices, whereas deliveries were down, especially in Europe and Brazil, and there were lower sales prices for some key products. Contrary to this, the higher-margin product mix gave an additional profitability push. The company announced a kind of moderate share buy-back for an expected total volume of NOK800m (c.USD87m). The Q3 figures confirmed our view on the company and broadly met consensus.