- Q3 2025 EBITDA excluding special items rose to USD 804 million from USD 585 million in Q3 2024.
- Net income for YTD 2025 is USD 1,028 million, up from USD 306 million in 2024.
- Yara's cost reduction program is ahead of schedule, enhancing returns.
- Yara plans to renew its ammonia portfolio through potential equity positions in US projects.
Financial Performance
Yara reported a significant increase in its Q3 2025 EBITDA, excluding special items, reaching USD 804 million compared to USD 585 million in the same quarter of 2024. Net income for the third quarter was USD 320 million, up from USD 286 million a year earlier. Year-to-date 2025 net income stands at USD 1,028 million, a substantial rise from USD 306 million in 2024, aided by a non-cash net foreign currency gain of USD 386 million.
Operational Highlights
The company achieved record-high production and strong commercial performance for the third consecutive quarter. Yara's focus on continuous improvement and cost reductions, supported by favorable market conditions, has been instrumental in these results. The adjusted earnings per share for 2025 year-to-date is USD 3.25, up from USD 1.37 last year.
Strategic Initiatives
Yara is advancing its improvement agenda to enhance financial returns by driving sustainable profitability in core operations and pursuing value-accretive growth. The company is prioritizing cash conversion by focusing resources on high-return core assets and scaling back non-core activities. This strategy aims to increase capital productivity and strengthen Yara's financial position with increased free cash flow and sustainable profitability.
Future Plans
Yara plans to improve shareholder returns through cash distributions and reinvestment in growth opportunities with double-digit returns. This includes renewing its ammonia portfolio by accessing low-cost ammonia through potential equity positions in US ammonia projects.
