In 2010, Yara achieved its best results so far
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Yara Reporting: The Financial Report, together with the separate Citizenship Report, constitutes Yara’s annual report 2010. The former is available in print and on the web.
During 2010, Yara continued to apply best practice corporate governance throughout the organization, which is one of the five core elements of the company's Leadership Agenda. We revised and enhanced the risk management system that was implemented in 2009, raising risk awareness across all business segments and expert organizations.
During 2010, Yara retained its position as the global leader in nitrogen-based mineral fertilizers and industrial products. The fertilizer market picked up after the recession, while the market for environmental solutions continued to grow.
Downstream delivered strong results as margins improved and sales to core markets increased. Industrial experienced strong volume improvements and restructured its business to better pursue growth markets. Upstream saw increases in both production volumes and fertilizer prices and followed up on initiatives to increase capacity.
During 2010, Yara saw its share price increase significantly. The highest closing price during the year was NOK 337.50, and the lowest was NOK 173.50, with the closing price at year’s end representing an increase of 95 percent from the 2009 year-end close. Yara's market value as of Dec. 31, 2010, was NOK 97.33 billion.
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In 2010, Yara achieved its best results ever, with a net income of NOK 8.7 billion after non-controlling interests. Yara’s production facilities ran at optimal capacity, as commodity prices rose sharply, particularly during the second half.
Annual report 2010(PDF, 5.3MB)
Report of the Board of Directors(PDF, 1.3MB)
Financial Statements(PDF, 2.3MB)
Corporate Governance(PDF, 1.9MB)
Historical Data(XLS, 163KB)
Citizenship review 2010(PDF, 2.8MB)
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