{
  "id": 16006721,
  "title": "Svakere fra Yara",
  "url": "https://urgent.news/2026/10/22/svakere-fra-yara",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-22T06:07:55.000Z",
  "source": {
    "name": "E24 Norway",
    "slug": "e24-norway",
    "url": "https://e24.no/boers-og-finans/i/9kA0eM/sterkere-fra-yara"
  },
  "original_language": "en",
  "account": "Yara, a leading ammonia producer, posted a third quarter profit of $267 million, down from $426 million in the same period last year. Revenue reached $4.48 billion, up from $4.1 billion a year ago. Despite ongoing market turmoil, Yara delivered a solid earnings result, attributed to strong commercial performance and reduced European gas costs, according to CEO Svein Tore Holsether. The company's energy flexibility has been a key strength and will be further enhanced by its acquisition of Gulf Coast Ammonia, which significantly reduces exposure to European energy prices.\n\nLooking ahead, Yara anticipates gas costs to rise by $450 million ($4.2 billion) in the fourth quarter and $445 million in the first quarter of the next fiscal year, compared to the same period last year. European industry is facing significant challenges due to high energy prices. To counter this, Yara reduced ammonia production by 150,000 tons and finished goods by 115,000 tons in the third quarter, particularly at the Ferrara facility in Italy. The company plans to benefit from lower gas prices in the U.S. compared to Europe and Asia, after acquiring Gulf Coast Ammonia, set to be completed by the end of 2026. Yara is transitioning from being primarily exposed to European gas consumption to having similar exposure to the U.S. Henry Hub gas price, with enhanced strategic flexibility for optimizing ammonia production.\n\nYara opened a CO₂ capture facility in Sluiskil, Netherlands, in September with high-level government officials present including Prime Minister Jonas Gahr Støre, Dutch Prime Minister Rob Jetten, and EU Commissioner Wopke Hoekstra. The Sluiskil ammonia and fertilizer plant will capture up to 800,000 tons of CO₂ annually, equivalent to 12 million tons over 15 years, which will be stored in a Norwegian storage facility, subject to certain conditions.",
  "summary": "Yara leverer et noe svakere resultat før skatt i årets tredje kvartal enn i fjor, mens inntektene…",
  "key_points": [
    "Yara reported $267 million profit, down from $426 million in Q3 2022",
    "Revenue rose to $4.48 billion, up from $4.1 billion a year ago",
    "Yara to capture 800,000 tons CO₂ annually in Sluiskil, Netherlands"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}