Yara reports first quarter 2025 EBITDA excluding special items of US$ 638 million compared with US$ 435 million in first quarter 2024. Net income was US$ 295 million compared with US$ 16 million a year earlier.

“We are pleased with reporting an improved first quarter result, as a solid commercial and production performance has led to higher deliveries and improved margins. With increased earnings and continuous progress on our cost reduction program and portfolio optimization, we are delivering on our commitment to increase returns in our ammonia and crop nutrition core,” said Svein Tore Holsether, President and Chief Executive Officer.

Maximizing shareholder returns is the sole driver for Yara’s capital allocation. With the combination of cost reduction, portfolio optimization and a tightening nitrogen market, Yara’s financial position is set to strengthen with increased free cash flow and sustainable profitability. Operational and strategic flexibility are critical factors in the volatile geopolitical landscape and Yara is well positioned to secure profitable growth.

“A global asset footprint and downstream presence is Yara’s key competitive edge, and as a globally diversified company we have the flexibility to optimize production and product flows. In recent years, Yara has demonstrated its ability to successfully navigate through volatility, and operational flexibility is at the core of how Yara continues to position itself in the face of volatile markets and geopolitical instability,” said Holsether.