Yara Company profile
About Yara International ASA
Yara International ASA is a Norway-based company that produces, distributes and sells nitrogen-based mineral fertilizers and related industrial products. The Company operates under the following segments: Crop Nutrition, Industrial and Production. The Crop Nutrition segment sells a portfolio of nitrogen-based fertilizers including ammonia, urea, urea ammonium nitrate (UAN), calcium ammonium nitrate (CAN), ammonium nitrate (AN), calcium nitrate (CN), and compound fertilizers (NPK). The Industrial segment sells urea, ammonia, phosphate, nitric acid, technical ammonium nitrate (TAN) and calcium nitrate (CN) for industrial applications within base chemicals, mining applications, animal nutrition, environmental solutions and industrial nitrates. The Production segment comprises Yara’s manufacturing plants producing ammonia, fertilizer and industrial products. The Company operates Agronomic Technology Corp as subsidiary.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Yara International ASA revenues increased 43% to $16.62B. Net income applicable to common stockholders decreased 35% to $449M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by Impairment of Fixed Assets increase from $29M to $628M (expense), Payroll and related costs increase of 12% to $1.27B (expense).
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