Site icon UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News

Fertiliser maker Yara’s Q1 lags forecast, eyes extra cash to shareholders


OSLO, April 23 (Reuters)Norwegian fertiliser firm Yara YAR.OL posted a smaller-than-expected rise in first-quarter core income on Friday and stated it’s going to contemplate additional money returns to shareholders within the coming quarters.

January-March earnings earlier than curiosity, tax, depreciation and amortisation (EBITDA), excluding non-recurring objects, rose 16% 12 months on 12 months to $585 million, lagging the $612 million median expectation of 11 analysts polled by Refinitiv.

(Reporting by Terje Solsvik, modifying by Victoria Klesty)

((terje.solsvik@thomsonreuters.com; +47 918 666 70))

The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.



www.nasdaq.com

Exit mobile version