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Yara's Q1 EBITDA hit $896M, beating forecasts thanks to higher nitrogen margins and operational gains. This is a substantial increase from the $638M recorded in the same period a year ago.
The Norwegian fertiliser producer Yara reported first-quarter earnings that came in ahead of analyst projections this Friday. The company attributed this robust performance to improved margins in the nitrogen sector, reliable delivery chains, and a boost in overall operational efficiency.
For the quarter ending in March, the underlying EBITDA reached $896 million. This result reflects a substantial year-on-year growth, climbing from the $638 million reported during the same timeframe last year.
Backed by state subsidies, China's exports have shifted from cheap goods to high-tech sectors. Beijing now dominates EVs, AI hardware, chemicals, and robotics, challenging Western manufacturers.
The EU and Canada are deepening ties in energy, critical minerals, and AI to reduce reliance on the US and China. Despite semantic debates over partnership labels, the Montreal summit yields real deals.
Orlen Upstream Norway and its partners completed appraisal drilling at the Afrodyta field. Recoverable reserves have more than doubled, securing over 4 bcm of natural gas for the Polish group.
