Commodities

Yara says fertiliser market robust as quarterly earnings top forecasts

Norwegian fertiliser company Yara said on Friday its market environment remained robust and reported core second-quarter profits slightly above expectations.

OSLO, July 17 (Reuters) - Norwegian fertiliser company Yara YAR.OL said on Friday its market environment remained robust and reported core second-quarter profits slightly above expectations.

Yara's April-June earnings before interest, tax, depreciation and amortisation (EBITDA) rose 8% to $588 million before non-recurring items, while analysts on average had forecast $561 million according to Refinitiv.

(Reporting by Victoria Klesty; Editing by Edmund Blair)

((victoria.klesty@thomsonreuters.com; +47 2331 6592; Reuters Messaging: victoria.klesty.thomsonreuters.com@reuters.net))

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