In 2011, Yara achieved its best annual result so far, exceeding the previous record year of 2010 and continuing the strong trend for global agricultural markets which began in the previous year and kept fertilizer
demand and prices strong also in 2011.
The Board of Directors believes that the long-term fundamentals of fertilizer demand will remain strong, as a growing and increasingly prosperous world population continues to improve its diet. More and better fertilizer usage is a crucial element of achieving sustainable improvement in agricultural productivity. With its global market presence and product portfolio, Yara is well positioned to meet the demand for greater agricultural productivity and to address the growing challenges of climate change, air pollution and water scarcity.
Yara’s growth ambitions are built on attractive long-term market fundamentals, a proven track record of profitable growth initiatives and a flexible and scalable business model. However, Yara will continue to be patient in pursuing growth, aiming to pick the best opportunities at the right time.