Yara International Asa (YRAIF) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.459 Hello, everyone, and welcome to Yara's third quarter results 2025 conference 00:00:05.459 -- 00:00:08.503 call. Please note that this call is being recorded. 00:00:08.503 -- 00:00:13.611 If you'd like to ask a question, please press star followed by one on your telephone 00:00:13.611 -- 00:00:18.938 keypad. Thank you. I'd now like to hand the call over to Maria Gabrielson, 00:00:18.938 -- 00:00:23.702 head of investor relations. You may now go ahead, please. 00:00:23.892 -- 00:00:27.195 Thank you, and a big welcome to everyone from me as well. 00:00:27.195 -- 00:00:30.899 I'm here in the room together with a representative from Europe's management. 00:00:30.899 -- 00:00:36.044 We have our CEO, Svein Tore Morsetter, our CFO, Magnus Krogh-Ankerström, and the head 00:00:36.044 -- 00:00:38.606 of market intelligence, Dag Tore Morsetter. 00:00:38.606 -- 00:00:43.711 We're not planning to give a presentation, so we hope you all just watched 00:00:43.711 -- 00:00:47.635 our webcast. So we will dive straight into questions. 00:00:47.635 -- 00:00:49.857 So if operator, you could open the first slide. 00:00:49.857 -- 00:00:52.578 That would be great. Thank 00:00:52.900 -- 00:00:53.508 you. 00:00:53.508 -- 00:00:58.534 Your first question comes from the line of Christian Feitz of Capilar Charveaux. 00:00:58.534 -- 00:01:01.558 Your line is now open. 00:01:01.558 -- 00:01:05.944 Yes, thanks for taking my two questions. Good afternoon, everyone. 00:01:05.944 -- 00:01:09.448 First of all, can you talk about the current demand conditions in Brazil? 00:01:09.448 -- 00:01:13.714 I noted that you talked about improved NPK sales in Q3 there. 00:01:13.714 -- 00:01:16.610 Is that also a trend we should expect to see in Q4? 00:01:16.610 -- 00:01:21.367 ...