Oslo (2011-12-06): Yara International ASA tmeet today with investors and analysts for Yara's Capital Markets Day to present market prospects and Yara's differentiated position and growth opportunities.  

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A supply-driven market where China is the highest-cost exporter translates into an estimated Earnings Per Share (EPS) of NOK 28. Continued growth in food demand and the need for improved agricultural productivity increase the probability of a continued tight fertilizer market. A demand-driven scenario with USD 150 per ton urea margins yields an estimated EPS of NOK 55.

"Profitable growth initiatives represent a significant share of Yara's value generation to date. Strong shareholder value generation remains a firm pre-requisite for our growth strategy going forward.

Yara, the world's largest nitrogen-based fertiliser maker, sold over 20 million tonnes of fertilisers last year. With profitability through synergies and well-timed execution as pre-requisites, Yara believes an 8 million ton increase in own-produced and joint venture product sales from 2010 to 2016 is realistic. From 2006 to 2010 we achieved almost 3.5 million tons growth with a significantly lower cash flow and financial capacity", says President and CEO Jørgen Ole Haslestad.

Shares in Yara International jumped 10% on these announcements.