Yara International ASA · OSL:YAR
Yara International ASA — Shareholder Meeting (May 2021)
12 slides from Yara International ASA's shareholder meeting presentation, May 6, 2021
Slide 1: Yara International ASA Annual General Meeting
Yara International ASA Annual General Meeting 6 May 2021
Slide 2: Our ambition is zero injuries
Our ambition is zero injuries TRI1 (12-month rolling) People 1) Total Recordable Injuries per 1 million working hours 2
Slide 3: 11 consecutive quarters of improved returns
11 consecutive quarters of improved returns ROIC1 12M rolling 8.6 % 6.9 % 3.1 % 2Q 2018 1Q 2020 1Q 2021 1) For definition and reconciliation of ROIC, see APM section in 1Q report, page 30 2) Net cash provided by operating activities minus net cash used in investment activities (see cash flow stateme
Slide 4: USD 2.7 billion free cash flow rolling 4 quarters
USD 2.7 billion free cash flow1 rolling 4 quarters Free cash flow before financing activities1 1) Net cash provided by operating activities minus net cash used in investment activities (see cash flow statement page 14 in Yara 1Q report) 4
Slide 5: Positive improvement program trend
Positive improvement program trend Ammonia production Finished product production Ammonia energy consumption Fixed costs1 Operating capital2 Comments: • Continued positive production volume trend • Covid-19 impacts Salitre project schedule • 2020 energy efficiency improvement driven by closure of Tr
Slide 6: Continued premium product growth
Continued premium product growth Premium product1 deliveries – full year Mill. tonnes +8% 14.8 13.5 13.7 • Growth in all regions: Africa & Asia 11%, Americas 9% and Europe 5% • Compound NPK deliveries increased ~530 kt, nitrates ~320 kt 2018 2019 2020 1) Premium products comprise nitrates (AN, CAN),
Slide 7: Top quartile 2020 performance in employee engagement, diversity and inclusion
Top quartile 2020 performance in employee engagement, diversity and inclusion Diversity & Inclusion Female senior Employee engagement1 index2 managers3 People 1 Measured annually. Employee engagement index is measured through a third-party survey, providing data-driven analysis against international
Slide 8: Driving sustainable performance
Driving sustainable performance Planet 2025 target 1) Energy efficiency target is for 2023 2) Measured and reported annually. GHG absolute emissions scope 1+2 target is for 2030 with a 2019 baseline 8 3) Hectares under active management: cropland with digital farming user activity at least twice dur
Slide 9: Broadening our core and enabling a hydrogen economy
We are broadening our core and enabling a hydrogen economy, while driving sustainable performance We are broadening our core as a leading food solutions company, with significant value creation potential • Ambition to add ~USD 300-600 million new EBITDA by 2025 on top of existing initiatives • We ar
Slide 10: Attractive Yara prospects
Attractive Yara prospects Attractive opportunities Focused strategy Strong shareholder returns • Resource and environment • Crop nutrition leader; #1 premium • Strict capital discipline with clear challenges require strong agri product and market presence capital allocation policy productivity impro
Slide 11: Proposed dividend of 20 NOK per share
Proposed dividend of 20 NOK per share Net Debt/EBITDA1 ex. special items Dividend and buy back per share2 2.5 • End 1Q net debt/EBITDA1 of Ordinary dividend 52 1.54 including proposed 625 MUSD dividend payment in Additional dividend May Proposed, Buy-back and to be paid redemption 20 • Continued str
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