Yara International ASA (OTCPK:YARIY)
$ 15.185 0.065 (0.43%) Market Cap: 7.73 Bil Enterprise Value: 11.33 Bil PE Ratio: 14.11 PB Ratio: 1.06 GF Score: 82/100

Q1 2024 Yara International ASA Earnings Call Transcript

Apr 26, 2024 / 10:00AM GMT
Release Date Price: $14.46 (-6.74%)
Operator

Welcome to Yara's First Quarter Results Presentation. Today's presentation will be held by our CEO, Svein Tore Holsether; and our CFO, Thor Giaever. There'll be a conference call at 1:00 p.m. Oslo Time, where you can dial-in and ask questions.

And with that, it's my pleasure to hand over to Svein Tore Holsether.

Svein Tore Holsether
Yara International ASA - President & CEO

Thank you very much, Maria, and good morning, good afternoon and good evening, and thank you very much for joining our first quarter results presentation. As always, we start by looking at our safety performance where we see that the trend in the last few quarters is stable and not continuing the damage trend from previous years. Still, at a TRI of 1.1, we are at an industry-leading level and close to 80% below the average for Norwegian industry.

Through the first quarter in 2024, we've had 16 accidents. That's 16 accidents affecting our colleagues and contractors. 16 accidents that could have been avoided. Although we've made significant improvements, we cannot stop

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