Oslo, 10 February 2017: As communicated earlier, the Yara Improvement Program targets a minimum USD 500 million annual EBITDA improvement by 2020. Following its fourth quarter results presentation, Yara has reviewed its earnings per share guidance linked to the program, and has revised this to NOK 10 per share incremental earnings by 2020, at current exchange rates.
Link to revised presentation:
Thor Giæver, Investor Relations
Office: (+47) 24 15 72 95
Cellular: (+47) 48 07 53 56
Yara's knowledge, products and solutions grow farmers', distributors' and industrial customers' businesses profitably and responsibly, while protecting the earth's resources, food and environment.
Our fertilizers, crop nutrition programs and technologies increase yields, improve product quality and reduce the environmental impact of agricultural practices. Our industrial and environmental solutions improve air quality by reducing emissions from industry and transportation, and serve as key ingredients in the production of a wide range of goods. We foster a culture that promotes the safety of our employees, contractors and societies.
Founded in 1905 to solve emerging famine in Europe, today Yara has a worldwide presence with more than 16,000 employees and sales to more than 150 countries.
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)