YAR: EBITDA surged 39% year-over-year, with strong margins and strategic ammonia acquisition boosting outlook
EBITDA excluding special items rose 39% year-over-year to $906 million, driven by higher nitrogen margins and a $153 million gain from EUA quota sales. Demand was deferred, deliveries fell 17%, but recent weeks saw a rebound in activity and prices. The Gulf Coast Ammonia acquisition strengthens cos…