Kemira GrowHow third-quarter results
Oct 31, 2007
Yara owned 30.05% of the shares in GrowHow throughout the third quarter, and as a result GrowHow third-quarter net income will be included in Yara's fourth-quarter results on an equity-accounted basis.
Following the completion on 4 October 2007 of its tender offer, Yara's ownership in GrowHow increased to 97.55%, as a result of which GrowHow will be consolidated into Yara's financial statements from the start of fourth quarter 2007.
GrowHow's third-quarter results can be found at the following web site:
Torgeir Kvidal, Investor Relations
Telephone (+47) 24 15 72 95
Cellular (+47) 91 339 832
Hamed Brodersen, Media Relations
Cellular (+47) 40 468 110
Yara International ASA is a leading chemical company that converts energy and nitrogen from the air into essential products for farmers and industrial customers. As the number one global supplier of mineral fertilizers and agronomic solutions, we help provide food for a growing world population. Our industrial product portfolio includes environmental protection agents that safeguard air and water purity and preserve food quality. Yara's global workforce of 7,000 employees represents great diversity and talent enabling Yara to remain a leading performer in its industry.www.yara.com