Yara International ASA ADR (OTCPK:YARIY) Q1 2025 Presentation Call April 25, 2025 6:00 AM ET
Company Participants
Maria Gabrielsen – Head-Investor Relations
Svein Tore Holsether – Chief Executive Officer
Magnus Krogh Ankarstrand – Executive Vice President & Chief Financial Officer
Conference Call Participants
Maria Gabrielsen
Welcome to Yara’s First Quarter Results Presentation. Today’s presentation will be held by our CEO, Svein Tore Holsether; and our CFO, Magnus Krogh Ankarstrand. There will be a conference call at 1:00 P.M. Oslo time where you can dial in and ask questions to management. You can find log-in details on our website under Investors.
With that it’s my pleasure to hand over to Svein Tore Holsether.
Svein Tore Holsether
Thank you, Maria. And good morning, good afternoon, good evening depending on where you’re calling in from, and thank you for joining our first quarter results presentation.
As always we start by looking at our safety performance. Yara must be a safe place to work for our colleagues and contractors. Unfortunately, the start of this year has not shown the continued strong progress that we’ve aimed for. And we saw an increase in the accidents across several of our sites.
I take this personally and I’m not satisfied with my performance on safety. We have addressed this immediately within the organization and we’ve taken action on this to strengthen our focus on execution on Safe by Choice making sure that the basics and routines are in place.
This negative trend clearly demonstrates that safety requires continuous focus and we still have accidents that could and should have been avoided. This has unfortunately also continued into the second quarter. And at our current rate, we will see a negative in the next quarter as well.
While the real severity and also the potential severity of the
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