Yara reports second quarter 2025 EBITDA excluding special items of US$ 652 million compared with US$ 513 million in second quarter 2024. Net income was US$ 413 million compared with US$ 3 million a year earlier.

“We are pleased to report continued improvement in our results, driven by increased margins, strong commercial execution and another quarter of all-time high production performance. At the same time, we are ahead of plan in our cost and capex reduction program,” said Svein Tore Holsether, President and Chief Executive Officer.

With the combination of cost reduction, portfolio optimization and a tightening nitrogen markets, Yara’s financial position is set to strengthen with increased free cash flow and sustained profitability. This will enable improved shareholder returns, both through direct cash distributions and re-investment in value-accretive growth opportunities – such as renewing our ammonia portfolio through ammonia projects in the US.

“Through disciplined capital allocation and a strong focus on resource efficiency, Yara continues to enhance returns. Going forward, we continue to take steps to expand margins by diversifying energy costs and leveraging scale and operational efficiencies across our global network,” said Holsether.