Profit

Ensuring the continued profit of the company and the communities where we operate is a key priority for Yara. 
In 2024, Yara launched a cost and capex reduction program, with the aim to reduce fixed costs by USD 150 million and capex with USD 150 million by the end of 2025. This will be achieved by a targeted approach, where high-return assets are prioritized, and tail-return activities are scaled down. By optimizing costs and strengthening the balance sheet, Yara will increase free cash flow and drive sustainable profitability.
Ensuring continuous improvement and operational excellence are central to achieving this. Operational excellence is paramount to unlock the potential of our strategy, equipping us with a strong core. Our approach to operational excellence is multidimensional and covers our culture and people as well as the efficiency and footprint of our operations. 
The Yara brand is recognized globally, and our products are known for their high quality and reliability. We live by our customers and continuously invest in product quality, knowledge, customer service, and new solutions to help them thrive and reach new standards for sustainability. We increasingly connect and engage directly with farmers and partners in the food chain to share our knowledge, demonstrate our solutions, and optimize our offerings for the local conditions.