What were Yara's first-quarter EBITDA results, and how did they compare to both the prior year and analyst expectations?

Yara's first-quarter EBITDA, excluding special items, was $896 million for the quarter ended in March — up from $638 million a year earlier — and exceeded the $825 million expected by analysts in a company-provided poll.

According to the news, what external factor contributed to tighter nitrogen markets and improved pricing power for fertiliser producers like Yara?

The Iran war disrupted shipments through the Strait of Hormuz and shut down Middle East plants, tightening nitrogen markets, lifting urea prices, and improving pricing power for producers despite rising risks of demand destruction.

Fertiliser maker Yara reports quarterly profit above expectations

Apr 23, 2026

Norwegian fertiliser maker Yara reported Q1 core earnings of $896 million, beating expectations on higher nitrogen margins and strong deliveries amidst tight global markets driven by Middle East disruptions.

reuters

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Fertiliser maker Yara reports quarterly profit above expectations