Yara delivered its best results so far in 2008. Net income increased by 36 percent compared with 2007; earnings per share increased from NOK 28.27 to 20.60. Pursuing its growth strategy, Yara seized new business opportunities and implemented several new initiatives.
Key figures 2008
| Revenue and other income | NOK million | 88,775 | 57,486 |
| Operating income | NOK million | 12,281 | 4,987 |
| EBITDA 1) | NOK million | 17,917 | 8,441 |
| Net income 2) | NOK million | 8,228 | 6,037 |
| Investments 3) | NOK million | 16,04 | 7,797 |
| Debt/equity ratio 4) | % | 82 | 42 |
| Cash flow from operations | NOK million | 3,986 | 4,305 |
| CROGI 5) | % | 22.8 | 16.1 |
| Earnings per share 6) | NOK | 28.27 | 20.60 |
| Shareholders’ equity | NOK million | 30,267 | 21,201 |
| Share price on OSE | NOK at year end | 148.75 | 251.50 |
| Social performance | | | |
| Employees | Number at year end | 7,971 | 8,173 |
| LTI rate 7) | Per million hours worked | 1.2 | 1.4 |
| Environmental performance | | | |
| GHG emissions 8) | (million tons) | 13.5 | 16.4 |
| Energy use | (PJ) | 200.7 | 191.3 |
Main events 2008
Consistently pursuing its strategy for profitable and sustainable growth, Yara took advantage of growth opportunities through several initiatives in 2008.
February:
April:
May:
June:
July:
August:
October:
November:
December:
