Investor Relations

Quarterly Report 1Q 2016

First quarter 2016 financial highlights
Millions, except where indicated otherwise 1Q 2016 1Q 2015
Revenue and other income NOK 25,053 27,767
Operating Income NOK 3,403 3,990
Share net income equity-accounted investees NOK 0 (640)
EBITDA NOK 5,055 4,794
EBITDA excl. special items NOK 5,050 5,742
Net income after non-controlling interest NOK 2,800 729
Earnings per share 1) NOK 10 2.65
Earnings per share excl. currency and special items NOK 9 10.51
Average number of shares outstanding (millions) NOK 274 275.5
CROGI (12-month rolling average) 14.0% 13.3%
ROCE (12-month rolling average) 13.0% 13.1%
Production (Kt) 2)      
Ammonia kt 2,008 2,000
 of which equity accounted investees kt 264 357
Urea kt 1,369 1,308
 of which equity accounted investees kt 400 373
Nitrate kt 1,564 1,638
 of which equity accounted investees kt 0 129
NPK 3) kt 1,209 1,335
 of which equity accounted investees kt 0 57
CN kt 342 364
UAN kt 233 274
SSP - based fertilizer 4) kt 284 270
Total production kt 7,009 7,189
       
Sales volumes (Kt)
Ammonia kt 717 813
 of which industrial products 5) kt 171 200
Urea kt 1,640 1,816
 of which fertilizer kt 1,175 1,378
 of which Yara-produced fertilizer kt 582 523
 of which Yara-produced Industrial products 6) kt 385 379
 of which equity-accounted investees kt 370 542
Nitrate kt 1,630 1,763
 of which fertilizer kt 1,445 1,595
 of which Yara-produced fertilizer kt  1,323 1,447
 of which Yara-produced Industrial products kt  149 120
NPK kt 2,187 2,179
 of which Yara-produced compounds kt 1,201 1,268
 of which Yara-produced blends kt 879 763
CN kt 365 356
 of which fertilizer kt 283 278
 of which Yara-produced fertilizer  kt 279 273
 of which Yara-produced Industrial products kt 73 71
UAN kt 354 418
 of which Yara-produced fertilizer  kt 329 331
SSP  kt 113 64
 of which Yara-produced fertilizer  kt 102 61
DAP/MAP kt 266 196
MOP/SOP  kt 169 150
Other products kt 815 726
 of which industrial products kt 228 387
Total sales kt 8,484 8,868
       
Realized European nitrate price 7) USD/t  
       
Energy cost 2)    
Oil & gas cost (weighted average) USD per MMBtu 4.1 6.0
Oil & gas cost Europe (weighted average) USD per MMBtu 5.0 7.6
1) Yara currently has no share-based compensation program that results in a dilutive effect on earnings per share
2) Including Yara share of production in equity-accounted investees
3) Excluding NPK blends
4) Primarily an intermediate product used to make NPK blends
5) 82% ammonia equivalents
6) 46% urea equivalents      
7) Per ton of CAN equivalents      
We use cookies on this website. If you continue to use the site without changing your settings, you agree that we may store and access these cookies on your device. To understand more about our use of cookies and to change cookie settings at any time please see
Cookie Preferences
I accept cookies